What people have thought would be capitalistic economies of scale in this country have today revealed their true identity – Government Sponsored Capitalism.
Auto Industry = Government Operational
Health Care = Government Operated (Coming soon, well funded Obama marketing campaigns are working on it)
Insurance Industry - Government Operational (AIG sums it up)
Banking Sector = Government Operational (TARP - AKA: The Assaulting Raid of
* NEW* Private Compensation = Government Dictated (Auto Makers to Wall Street)
The long time supported principle of "Buy Low, Sell High" has been changed today to "Buy Low, Sell Just High Enough to avoid the Government radar" This transformation of BLSH to BLSJHE starts at Wall Street, due to their earnings being too high to pass a fail test. Forget ExxonMobil, Chevron, and BP, their record breaking earnings. They don't count because we need energy (even if gas is subsidized by the Government). We really don't need Wall Street firms making this kind of money! Not when the hard working American citizens need Obama’s help with their mortgage payments, food, utilities, and brand new car purchases in this recession/depression that is “too good of an opportunity to pass up” –Rahm Emanuel. That is just too much capitalism for the Government to fully execute their strategies in this ‘opportunity.
"This is not the government taking over the corporate sector" - Rep Melvin Watt, D-N-C , "It is a statement by the American people that it is time for us to straighten up the ship." http://news.yahoo.com/s/ap/20090731/ap_on_go_co/us_bailout_bonuses
I wonder if Mel majored in Psychology or Semantics? This is a perfect agenda cover in concealing the true agenda’s of this administration to minimize capitalism and enforce a larger government upon the free world, as they would say “For your own good". I can assure you Mel that majority of the 'real' people in this country would prefer less government intervention, takeover, control, dictation, and government sponsored social progressivism. Not the fictionalized constituents you represent. This is a very steep slope to go for a joy ride down. Where do you stop?
I ask Mel this question - Where does this road lead the American people?