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'Cuse me, but did our Gov't go COMMIE on Thursday when they used Socialism to bail them Banks?

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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 08:44 AM
Original message
'Cuse me, but did our Gov't go COMMIE on Thursday when they used Socialism to bail them Banks?
I heard it mentioned a bit, but seriously....nothing in the Media about this turn of Philosophies.

Bush had to be prodded into action... Monday he was still in a stupor, by Wednesday he had to do something he hated...come crawling to Congress for help....LOL

and what Congress gave him was a socialistic solution which he had then to announce....he was CHOKING on his own puke...

sorry for the vision...

This is all so bizzarre
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maseman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 08:49 AM
Response to Original message
1. Well it isn't communism
But it is certainly nationalizing essentially the banking system at leats on the short-term. If the Dems did this solo (If they had a Dem POTUS and Congress) many would be screaming Socialism.

Here's the delima. The Reukes are more likely to be larger stock/mutual fund investros who have much more to loose if the market crashes. So they can't scream too much because their portfolios got back into high gear the past two days.
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Armstead Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 08:51 AM
Response to Original message
2. Socializing the losses -- But not any gains
That's what the free market CONservatives always do. They want to socialize the costs and risks of their behavior, but they want to privatize the winnings.
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Tesla Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 08:56 AM
Response to Reply #2
3. I heard a journalist on MSNBC last night say it.
He said something like,"Yesterday was a historic day in American history, we became a Socialist country Thursday".
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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 08:58 AM
Response to Reply #3
5. Isn't that a code word for COMMIE? just asking??
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krkaufman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 09:06 AM
Response to Reply #5
10. It *shouldn't* be, since socialism and communism are entirely different beasts. n/t
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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 08:57 AM
Response to Reply #2
4. Devious Greed and selfinterest....Damn...and we let them do it to our asses...this is NUTS
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Tesla Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 08:59 AM
Response to Reply #2
6. And now they can buy all this cheap real estate, and turn around and make another fortune
in "9 months".
Rich keep gettin richer....
Then we will go from Socialists to Dictatorship....
Real patriotic ...McLame
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krkaufman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 09:07 AM
Response to Reply #2
11. Privatize the profits, Socialize the losses. n/t
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RazBerryBeret Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 09:04 AM
Response to Original message
7. "Fascism should more properly be called
corporatism because it is the merger of state and corporate power." - Benito Mussolini.

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L. Coyote Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 09:04 AM
Response to Original message
8. Keeping the RICH ever so rich is called "Autocracy" not socialism
Autocracy is political power held by a single self-appointed ruler, typically.
I'm applying it to a class, the super-rich who would lose all their Bush tax cuts on these investment failures.

They cannot let years of tax cuts turn into losses at the last minute of their power,
so we have to give them all that money again, in one single payment now!
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krkaufman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 09:06 AM
Response to Original message
9. Neither communist or socialist, since they're only socializing the risk/losses.
What we've got now is full-blown fascism.
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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 09:14 AM
Response to Reply #9
14. Yup, I get it now...its fascism....when the Corps control the Soverign/Gov't
WTF happened to us ???

and we get to pay for our own ass fucking?

Obama better get this fixed soon
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krkaufman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 09:34 AM
Response to Reply #14
17. Time to shift to a more social-capitalist approach for a while ...
... at least until we've recovered financially.
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gort Donating Member (567 posts) Send PM | Profile | Ignore Sat Sep-20-08 09:08 AM
Response to Original message
12. welcome to Corporate Socialism
They take all the risks.
They keep all the profits.
We pay for all of their losses. Any questions?

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krkaufman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 09:10 AM
Response to Reply #12
13. Well, they're not actually taking any risks, since the losses fall to the taxpayer.
Edited on Sat Sep-20-08 09:11 AM by krkaufman
Amended...
    They take all the profits;
    The public assumes all the risk and losses.


Privatize the profits; Socialize the risk.
Country Club first; Country last.
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rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 09:16 AM
Response to Original message
15. Except for the whole "distribution of wealth" part.
funny how they always leave that out.
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MUAD_DIB Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 09:18 AM
Response to Original message
16. I'd bank on them going Full Corporatist.
Il Duce would be so proud.
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kenny blankenship Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 10:04 AM
Response to Original message
18. "National Socialism" maybe
Edited on Sat Sep-20-08 10:08 AM by kenny blankenship
but it was already there some time ago. Which is why there is hardly a murmur of protest or surprise when our "representatives" in Congress jumped up and clicked their heels upon being told to hand over a trillion ---with more to come---in future taxpayer receipts to Wall Street Banksters.
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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-20-08 10:48 AM
Response to Reply #18
19. The Fairness in our Fair land seems to be gone down the Rabbit Hole
This is what happens when we don't watch our Gov't....elect people who reflect ourselves...drink beer with the prez n shit....

we should be electing SMART not small town mayors who fool us....
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