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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (47303)	9/17/2008 11:14:34 AM
From: d[-_-]b	2 Recommendations Read Replies (2) \| Respond to of 224704

When the US Government loans money to a private company because that company is unable to borrow money from other sources, how is that socialism? How is it socialism when the Government helps a private company to compete because it is unable to do so on its own? Answer: When they take an 80% share of ownership and the company is now owned by the State - that's socialism.