Quote:
Originally Posted by howardzinn
(Post 17711192)
Jesus fucking christ if you had any semblance of a basic education you would understand there is nothing socialist about Obama who helped the banks WHEN THEY CAME ASKING FOR HELP and helped the motor car industry WHEN THEY CAME TO HIM ASKING FOR HELP.
Fucking dumb asses. Not to mention the United States is STILL the worlds largest capitalistic democracy. If you want to see socialism go to Cuba where health care is free, even for the poor.
Don't go using big words lik socialism until you have a basic understanding of the fundamentals of political theory. You ignorant tea party fucks.
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Capitalism is why of course the US government still owns over 40% of General Motors
http://www.msnbc.msn.com/id/40181697/ns/business-autos
("This stock offering will only reduce the government's stake in GM from 61 percent to 43 percent. It will take more stock offerings, staggered over the next few years, before the U.S. government is out of the car business.)
For shareholders, that means GM may not always put investors first. Political priorities may trump their demands. Some worry GM will spend too much time and use too many resources working on small cars or electric cars and not enough on profitable vehicle lines like trucks and SUVs.))
and has sold stock for roughly $20 less than what it paid for it when all bailout funds are considered. In a truly free market, the government would have allowed GM to put all of the stock on the open market. You are perhaps correct that the administration of Barack H.Obama is not socialist and the term "facist" is perhaps more applicable:
http://www.thirdworldtraveler.com/Fa...f_char_hx.html
"Fascism - definition:
A totalitarian philosophy of government that glorifies the state and nation and assigns to the state control over every aspect of national life. The name was first used by the party started by Benito Mussolini , who ruled Italy from 1922 until the Italian defeat in World War II. However, it has also been applied to similar ideologies in other countries, e.g., to National Socialism in Germany and to the regime of Francisco Franco in Spain.
Corporative state
The economic system inaugurated by the Fascist regime of Benito Mussolini in Italy. It was adapted in modified form under other European dictatorships, among them Adolf Hitler's National Socialist regime in Germany and the Spanish regime of Francisco Franco. Although the Italian system was based upon unlimited government control of economic life, it still preserved the framework of capitalism. Legislation of 1926 and later years set up guilds, or associations, of employees and employers to administer various sectors of the national economy. These were represented in the national council of corporations. The corporations were generally weighted by the state in favor of the wealthy classes, and they served to combat socialism and syndicalism by absorbing the trade union movement. The Italian corporative state aimed in general at reduced consumption in the interest of militarization."
Kind of like the government retaining ownership of GM, a "helath care" law which in reality provides very little in terms of true health care but instead mandates that people BUY health care and face civil and possibly criminal penalities if they do not.
Cause for both wonder and concern, I think, don't you?
