aviatordude asked:


Of course we taxpayers see no profit we only get to foot the bill–saving wealthy investors from their greedy investments. We all are now proud owners of AIG, Bear Stearns, Lehman, Merill Lynch, and Fannie.

How would the right-wing conservatives and Fox News have reacted if Clinton had said,”Perhaps the government should take over these private institutions”?

I bet poor Ronnie Reagan is turning over in his grave!

ERICH

One Response to “If the government buys all these private financial institutions, does that make us socialist?”

1. racefish68122 on October 29th, 2009 4:01 am

   They aren’t buying, they’re loaning.
   The more regulation that goes toward “protecting” the country and the taxpayer, the more it become “Fascist”.
   Democrats love regulation and I believe if were up to them, the Government would own everything and that would be Communist.