Long live the New Union of Socialist REPUBLICANS!

[yurbud]

This is sort of satire, but it asks a legitimate question, and the correct answer is not merely that we avoided a Depression. We need some return on our investment.

by DarkSyde
Wed Sep 17, 2008 at 08:20:05 AM PDT

Welcome news comrades! We the People are now We the Owners. The People's Insurance Company, formerly known as AIG, was saved for the time being from the forces of capitalism by the new Union of Republican Socialists, formerly known as the GOP. Somewhere in the great beyond, the ghost of Karl Marx is grinning while the spirit of Adam Smith forks over the one dollar bet with an invisible hand:

In a move aimed at averting a new global economic shock, the US Federal Reserve agreed an unprecedented 85-billion-dollar rescue loan for American International Group. The deal, sealed late Tuesday, saved AIG from collapse and gave the US government a 79.9 percent stake in the insurance behemoth.

http://afp.google.com/article/ALeqM5hqFac57CVjDIS6bj_Lsbg8oAbdPw">FULL TEXT

Now that the People own a major insurance company, it's fair to ask how the People's Insurance Company, along with the People's Mortgage Companies and the People's Investment Banks, will benefit the People who Own them. Can we expect lower premiums, equity sharing, and corporate perks for our hundreds of billions of dollars? Should we start checking our mailbox for dividend checks? Who gets paid first, claimants, bondholders, stockholders, or we the new taxpayer owners? We the Owners, want to know, and the Union of Socialist Republicans better damn well tell us, fast.

http://www.dailykos.com/story/2008/9/17/74214/0916/698/601376|ORIGINAL>

[Tandalayo_Scheisskopf]

1. This is not just socialism.

This is National Socialism. None of this money is being spent on the populace, it is being spent on the biggest business concerns.

[yurbud]

4. we should call it corporate socialism and call them "cocksies" for short

That would make Foley, Craig, and Bush happy.

[jimewing2121]

2. Obama

All I know is that if ANOTHER DAMN REPUBLICAN gets into office the United States is going to fall face first economically. I pray that Obama wins.

[Ikonoklast]

3. Komrade!!

I welcome you, as Commissar Of Acquisitions, to our Secretariat!

We have had a glorious year buying up every failed capitalist running dog tool of oppression mortgage bank, investment firm, and private insurance company. When the eight-year plan comes to fruition, every segment of failing and looted Wall Street will be under our direct control.

Those that oppose us, Enemies of The State that they are, will be renditioned to retirement camps to study the error of their ways. We fully expect to round up the dead-enders of capitalism in the very near future. Almost every Chicago School economist has already been interned and neutralized.

All Hail The Glorious Future Of Rugged Individualism!
Hurrah For Personal Responsibility!
The New World Order Is Upon Us!
You Cannot Resist The Inevitable!

WE WILL BUY YOU OUT!!!