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Read Hank Paulson's book "On the Brink." We socialized the American financial system under a Republican administration! George W. Bush, Hank Paulson and the Republican administration told top bankers in the fall of 2008, that "they would have to accept government investment for the good of the American financial system." Hugo Chavez, Venezuela's socialist president, found this a stunning move. He said, "Bush is to the left of me now!, Comrade Bush announced he will buy shares in private banks. Viva La Revolution!" http://www.reuters.com/article/newsOne/idUSTRE49F0K720081016 America did DE-socialize the financial system under Obama.
A card-carrying Republican retorts "how did we De-socialize under Obama? I'm confused??" George W. Bush 'invited' top bankers to the White House and told them they must accept federal dollars to shore up their poor balance sheets in exchange for stock and warrants. These banks were allowed to return TARP money that in some cases was forced upon them and got their stock and warrants back all under Obama!
Read Hank Paulson's book "On the Brink." We socialized the American financial system under a Republican administration! George W. Bush, Hank Paulson and the Republican administration told top bankers in the fall of 2008, that "they would have to accept government investment for the good of the American financial system." Hugo Chavez, Venezuela's socialist president, found this a stunning move. He said, "Bush is to the left of me now!, Comrade Bush announced he will buy shares in private banks. Viva La Revolution!" http://www.reuters.com/article/newsOne/idUSTRE49F0K720081016 America did DE-socialize the financial system under Obama.
In response to:

A Rafter of Turkeys

q16penn Wrote: Nov 25, 2012 4:08 PM
A card-carrying Republican retorts "how did we De-socialize under Obama? I'm confused??" George W. Bush 'invited' top bankers to the White House and told them they must accept federal dollars to shore up their poor balance sheets in exchange for stock and warrants. These banks were allowed to return TARP money that in some cases was forced upon them and got their stock and warrants back all under Obama!
In response to:

A Rafter of Turkeys

q16penn Wrote: Nov 25, 2012 4:08 PM
Read Hank Paulson's book "On the Brink." We socialized the American financial system under a Republican administration! George W. Bush, Hank Paulson and the Republican administration told top bankers in the fall of 2008, that "they would have to accept government investment for the good of the American financial system." Hugo Chavez, Venezuela's socialist president, found this a stunning move. He said, "Bush is to the left of me now!, Comrade Bush announced he will buy shares in private banks. Viva La Revolution!" http://www.reuters.com/article/newsOne/idUSTRE49F0K720081016 America did DE-socialize the financial system under Obama.
Is looks like conservatives will be duped by the Republican party all over again! Republicans say they are now against crony capitalism. But........are not farm subsidies a form of crony socialism?
Didn't the Republican party take over health care when they passed Medicare Prescription in 2003? A huge goob-mint teat suck for contributors to the Republican party? Hence.....crony capitalism?
When the Republican party gave the airline companies $17 billion back in 2001; is that an example of crony socialism?
In response to:

America’s Fatal Conceit

q16penn Wrote: Nov 25, 2012 2:17 PM
When Paul Ryan voted to shore up the National Flood Insurance Program to the tune of $10 billion last year; is this an example of crony socialism? I mean, why should any of my taxpayers dollars go to millionaires with million dollar beach front homes??
In response to:

Big Turkey Bigger than Ever

q16penn Wrote: Nov 25, 2012 2:15 PM
When Paul Ryan voted to shore up the National Flood Insurance Program to the tune of $10 billion last year; is this an example of crony socialism? I mean, why should any of my taxpayers dollars go to millionaires with million dollar beach front homes??
In response to:

America’s Fatal Conceit

q16penn Wrote: Nov 25, 2012 2:06 PM
The military is a socialized system, in that the government owns the whole darn thing. The VA is socialized medicine, in that the government owns the whole darn thing!
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