Look at Venezuela. They started with bail-outs and handing out money to the people. Then as things got worse they had less to give the people. They began nationalizing everything. Took control of the TV media and Radio. Now people who worked for the oil companies are now growin food on the grounds and there isn’t any food on the shelves for people to buy even if they had money. Every election he throws out the crumbs. And of course he gets re-elected with the help of fraud.
The more he handed out the more dependent people became. You work for the government or you starve.
In the US they are buying up all the different companies, banks, car mfg., mortgages, etc. Technically “We the people” own it all but just try and access it.
Soros has been trying to take control since 2000 and he has finally done it.
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.