[St. Louis Conservative]

Let me preface this by saying that I am against these bailouts philosophically.

The government doesn’t have stakes in these companies other than AIG. In AIG it is non-voting preferred stock that pays big interest to the federal government. It was designed this way to give big incentives to AIG to buy back the Fed’s stake as quickly as possible.

The U.S. government has bailed out financial institutions before. I’m not saying I like them or agree with it, but it is quite a stretch to compare the United States to Venezuela.

[mombrown1]

Did you read this - it was posted a few days ago

Barack Obama and the Strategy of Manufactured Crisis
By James Simpson
September 28, 2008
http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html

If you haven’t I suggest you do and also this

The Cloward-Piven Strategy to implement socialist revolution

http://www.canadaka.net/forums/us-politics-f18/the-cloward-piven-strategy-to-implement-socialist-revolution-t8516.html

Source: http://www.discoverthenetwork.com/group ... grpid=6967

Obama Needs a Protest Movement

By Frances Fox Piven

This article appeared in the December 1, 2008 edition of The Nation.
http://www.thenation.com/doc/20081201/piven