Fannie Mae, Freddie Mac, Bear Stearns, Lehman Brothers, AIG, what other
nationalizations will follow ??

Is USA turning socialist, comrades?

__________________
2011 Prius

Let's not get started on the severance packages these bloodsucking leeches will get.

__________________

Severance packages for civil servants?

'Arise, wretched of the earth... The world is about to change its foundation'

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2011 Prius

Actually the people at Fannie and Freddie had their golden parachutes yanked out of their hungry little arms. I am sure that the guys who ean AIG into the ground won't fare much better.

I agree with the analysis of this trend. If the Government keeps this up, they will probably take over Washington Mutual in a couple weeks. (If I had money invested in WaMu, I would not be going WOO HOO any longer)

I wonder where it will end. Will the Feds takeover GM if it goes Chapter 11? Will they take over ExxonMobil in the 'interests of the people'?

Maybe they will take over Monsanto 'to ensure that food is grown and distributed fairly and equally' too...

__________________
"I have no convictions ... I blow with the wind, and the prevailing wind happens to be from Vichy"

Current
Monika '74 450 SL
BrownHilda '79 280SL
FoxyCleopatra '99 Chevy Suburban
Scarlett 2014 Jeep Cherokee
Krystal 2004 Volvo S60
Gone
'74 Jeep CJ5
'97 Jeep ZJ Laredo
Rudolf ‘86 300SDL
Bruno '81 300SD
Fritzi '84 BMW
'92 Subaru
'96 Impala SS
'71 Buick GS conv
'67 GTO conv
'63 Corvair conv
'57 Nomad

Been going that ever since FDR. He started Fannie Mae and Freddie Mac and a whole bunch of other institutions of that persuasion. Stupid.

Has been. Healthcare is next.

__________________

1980 300TD-China Blue/Blue MBTex-2nd Owner, 107K (Alt Blau) OBK #15
'06 Chevy Tahoe Z71 (for the wife & 4 kids, current mule) '03 Honda Odyssey (son #1's ride, reluctantly) '99 GMC Suburban (255K+ miles, semi-retired mule) 21' SeaRay Seville (summer escape pod)

Slowly but surely.

__________________
- Brian


1989 500SEL Euro
1966 250SE Cabriolet
1958 BMW Isetta 600

The bigger issue is how its being paid for. This country is already very deep in the hole.

__________________
1985 380SE Blue/Blue - 230,000 miles
2012 Subaru Forester 5-speed
2005 Toyota Sienna
2004 Chrysler Sebring convertible
1999 Toyota Tacoma

It's of no consequence if you listen to the proponents.

__________________

1980 300TD-China Blue/Blue MBTex-2nd Owner, 107K (Alt Blau) OBK #15
'06 Chevy Tahoe Z71 (for the wife & 4 kids, current mule) '03 Honda Odyssey (son #1's ride, reluctantly) '99 GMC Suburban (255K+ miles, semi-retired mule) 21' SeaRay Seville (summer escape pod)

It may not be socialism exactly, but there are many instances where the government forms partnerships with private industry. Years ago, federal agencies were 100% federal employees. Now, for example, the DOE headcount is something like 85% contractors. The line is blurring on both sides.

I still don't think the government should be in the business of alleviating personal and corporate financial pain though.

__________________
1985 380SE Blue/Blue - 230,000 miles
2012 Subaru Forester 5-speed
2005 Toyota Sienna
2004 Chrysler Sebring convertible
1999 Toyota Tacoma

.

If you don't like social programs, don't use them.

Don't drive on the roads,
Don't walk on a sidewalk,
Don't send your kids to school,
Don't cash your social security check,
Don't call the fire department when your house catches on fire,
Don't call the police when you get robbed,
Don't drink city water,
Don't flush your toilet if you are connected to a sewer system,
Don't rely on the military to defend you,
Don't rely on government for anything,
Don't feed your starving family with food stamps.
Don't hesitate to be homeless instead of taking housing assistance,
Don't take help from the VA if your hurt in the military

No matter what, don't do any of these things,
or you will become a communist, pinko, leftie, parasite.



RichC

.

__________________

When the power of love overcomes the love of power the world will know peace.
Jimi Hendrix

The underbelly of society has been trying to make it so for decades. No doubt they will eventully succeed.

- Peter.

__________________
2021 Chevrolet Spark
Formerly...
2000 GMC Sonoma
1981 240D 4spd stick. 347000 miles. Deceased Feb 14 2021
2002 Kia Rio. Worst crap on four wheels
1981 240D 4spd stick. 389000 miles.
1984 123 200
1979 116 280S
1972 Cadillac Sedan DeVille
1971 108 280S

Socialized health care = COMMUNISM !!
Corporate bail outs = "saving the economy"

I'm from your government and I'm here to help........
The check is in the mail........

__________________
Sharing my partner's 2012 Forte 5dr SX til I find my next 123 or 126..
-
Do I miss being a service advisor ???

American capitalism is in deep crisis but will the masses rise up and sieze control of the levers of power? Nationalise the financial institutions and run them for the benefit of society not for the greedy few.

Boy I hope so. I can just imagine how much better things will be if the masses nationalize industry.

Signed,

Vladimir