Tuesday, March 24, 2009

Baby steps

From today's Washington Post:
The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document.

From Dictionary.com:
socialism [soh-shuh-liz-uhm] – noun
1. a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.

Gosh, why do conservatives keep using the S-word? That's just crazy talk.

(Please note this refers to any company whose collapse would theoretically damage the economy, not a company that is actually collapsing).

1 comment:

Megs said...

Um, guess what? That sounds like socialism to Dems, too, and I think this is a terrible idea. If the Republicans proposed this, I'd think it was crazy, and I think it's just as crazy coming out of a Dem's mouth. Did I mention crazy? Crazy.