Nationalizing AIG shows that we are socialist.
When did we ‘nationalize’ AIG?
Legislation was the bait.
Capitalists had no choice but to NOT RED LINE the housing market. So now you have people that had NO BUISNESS giving out money and folks were eager to EXPLOIT that. Now, as responsible taxpayers , YOU get the BILL, as usual.
Speaking of socialism.
Which political party adopted the following as part of their platform?
We ask that the government undertake the obligation above all of providing citizens with adequate opportunities for employment and earning a living.
The activities of the individual must not be allowed to clash with the interests of the community, but must take place within its confines and be for the good of all. Therefore, we demand: . . . an end to the power of the financial interests.
We demand profit sharing in big business.
We demand a broad extention of care for the aged.
We demand . . . the greatest possible consideration of small business in the purchase of the national, state, and municipal governments.
In order to make possible to every capable and industrious [citizen] the attainment of higher education and thus the achievement of a post of leadership, the government must provide an all-around enlargement of the entire system of public education. . . .
We demand the education at government expense of gifted children of poor parents. . . .
The government must undertake the improvement of public health - by protecting mother and child, by prohibiting child labor . . . by the greatest possible support for all clubs concerned with the physical education of youth.
[We] combat the . . . materialistic spirit within and without us and are convinced that a permanent recovery of our people can only proceed from within on the foundation of The Common Good Before the Individual Good.
Obama & Democrat Party? Good guess, but no. Answer: The National Socialist Workers Party of Germany. Nazi for short. The excerpts above were adopted in Munich, on February 24, 1920. Source: Der Nationalsozialismus Dokumente 1933-1945, edited by Walther Hofer, Frankfurt am Main: Fischer Bucherei, 1957, pp. 29-31.