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To: Revolting cat!
Loans aren't ownership. Stock is ownership. Low interest loans are a subsity, but still aren't ownership.

Most hospitals are not government owned. Only VA hospitals are government owned. Hospitals are highly regulated, but that's because the government errs on the side of prevention and every once in a while someone does something stupid, criminal, or criminally stupid that causes more regulation. And government doesn't see that the combined weight of the regulation is itself criminally stupid.

Fanny Mae was government owned. But it had a unique economic purpose. By using the full faith and credit of the U.S. government to back mortgages, it could attract funds cheaper. Thus making it easier for people to afford homes and helping the economy by boosting the construction industry and all the other associated with home ownership.

The government doesn't control pork producers through regulation. At best they have some safety regulations to protect workers and to make sure the pork is fit to eat

GM, the government owned the majority of shares for 4 months, before dropping to a 25% ownership. 18 months later they were down to 19% ownership. And government sold it's remaining shares last month (Dec 2013). So no, GM was only breifly government owned, and while you and I may dissagree with the way the court handled GM, the fact is that GM filed bankruptcy and asked the government for a bailout and put itself at the mercy of both.

Seriously, the claim that government is controlling everything is blatantly false.

39 posted on 01/03/2014 10:16:48 PM PST by DannyTN (A>)
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To: DannyTN
Seriously, the claim that government is controlling everything is blatantly false.

I never claimed that government owned everything. I claim that government controls much, and I can testify to that as an employee of a private company which had to spend significant resource to satisfy government requirements. Heard of the Sarbanes-Oxley legislation? And I claim that differences between the Chinese government owning some pork producer and the US government owning "shares" of GM and loaning money to Solyndra, are insignificant, in that they only reflect different conditions, which exist not only between the US and China in similar things, but between the US and Great Britain and other countries as well, but they amount to pretty much the same thing, from the point of view that Milton Friedman might have taken.

I had many long conversations in the past couple of years with a Chinese economist visiting a US university, and he was surprised many times to learn how and to what extent the US government controlled American companies and mandated their behaviour, while I was surprised how the Chinese government was not as advanced in its mechanisms of control.

43 posted on 01/03/2014 10:30:32 PM PST by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: DannyTN
the claim that government is controlling everything is blatantly false...

The world economy, if you can even call it that, is controlled by factions. The United States, the People's Republic of China, and the Federation of Russia are the biggest players. There are also extremely powerful drug, oil, ivory, diamond, human trafficking, nuclear material cartels running inside the network. Toss in fundamental islam, and you got a real mess.
45 posted on 01/03/2014 10:37:48 PM PST by SpaceBar
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