Wednesday, April 29, 2009

Obama to Nationalize Banks and GM

Lotsa press on both today.

Banks which should be sold off (Citi, Regions, Wells Fargo, B of America--among others) will instead be walking Zombies, owned by Treasury.

GM, which should go banko, will be controlled by Treasury and the UAW.

This is Corporatism/Fascism. No other way to phrase it.

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