Our Dear Leaders are nationalizing the banks. While not an unprecedented move, the move away from capitalism and toward socialism has some...interesting...implications, which many are not happy with. The ones who are happiest are our enemies in Venezuela and Iran, mostly because in the former case, the communist dictator's socialist policy of nationalizing private enterprise is being vindicated, and in the latter, a social and political ideology that opposes everything ours stands for is cheering our trouble. Australia has been moving toward socialism for a long time, as has Britain, and, while they're not cheering the trouble we're having, they are blaming it on capitalism.
These moves by our government toward socialism are alarming to anyone who values freedom, both personal and economic. Personally, I don't want to have my taxes going to prop up businesses and banks that fail through bad policy decisions. And if the government doesn't listen to me, or to the rest of the American public about what they don't want, I at least want my government issue fuzzy hat and cheap vodka, comrades.
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