Media trying to portray financial crisis as the United States turning socialistic.

[arcadian]

Or worst as the article states, the United States is turing into France. MSM lies. Bull fucking shit. This is fascism plain and simple. Federal government operating for corporate aims, not the publics welfare.



http://www.time.com/time/nation/article/0,8599,1843168,00.html?cnn=yes

How We Became the United States of France

This is the state of our great republic: We've nationalized the financial system, taking control from Wall Street bankers we no longer trust. We're about to quasi-nationalize the Detroit auto companies via massive loans because they're a source of American pride, and too many jobs — and votes — are at stake. Our Social Security system is going broke as we head for a future where too many retirees will be supported by too few workers. How long before we have national healthcare? Put it all together, and the America that emerges is a cartoonish version of the country most despised by red-meat red-state patriots: France. Only with worse food.

Admit it, mes amis, the rugged individualism and cutthroat capitalism that made America the land of unlimited opportunity has been shrink-wrapped by a half dozen short sellers in Greenwich, Conn. and FedExed to Washington D.C. to be spoon-fed back to life by Fed Chairman Ben Bernanke and Treasury Secretary Hank Paulson. We're now no different from any of those Western European semi-socialist welfare states that we love to deride. Italy? Sure, it's had four governments since last Thursday, but none of them would have allowed this to go on; the Italians know how to rig an economy.

You just know the Frogs have only increased their disdain for us, if that is indeed possible. And why shouldn't they? The average American is working two and half jobs, gets two weeks off, and has all the employment security of a one-armed trapeze artist. The Bush Administration has preached the "ownership society" to America: own your house, own your retirement account; you don't need the government in your way. So Americans mortgaged themselves to the hilt to buy overpriced houses they can no longer afford and signed up for 401k programs that put money where, exactly? In the stock market! Where rich Republicans fleeced them.

[BeatleBoot]

1. A more accurate representation of what has transpired since Sept 16th is...

The Republican Party has admitted that Ronald Reagan was wrong.

Wrong on deregulation and wrong in general.

A more accurate representation would be that the Republican party has turned more socialistic.

I am laughing hardily every day lately.

What has happened this month has shined the light on the Republican party as hypocrites.

Something we have all known for a long, long, time.

[Jackpine Radical]

2. Would that it were true.

Socialism is where the people control the industries.
Fascism is where the industries control the people.

[readmoreoften]

3. Yes. Total a combination of batshit ignorance and totalitarianism.

We might develop a new political form called 'ignototalitarianism'.

[Iterate]

4. Not one in a thousand knows what socialism is

Could Time be wrong? Shit, they haven't been right yet.

[tama]

5. Yup

By definition national socialism and/or corporate socialism = fascism. Nothing to do with Marxist socialism - and even less with tribal communism.