Questions/Answers
Is nationalization the curefor the corporate plunderers?
Well, compare the financial charts of Venuzeula and the USA and decide for yourself. Some vital national assets cannot be left to precious few capitalists. The tend to become very greedy. From Stardard Oil to Enron, there are dozens of examples. Exxon, Fannie Mae, Bear Sterns etc. are the current culprits. Never again.
Sure, Venezuela is doing great with nationalization. Just wonderful.
How, if at all, will thenationalization of NorthernRock affect their sponsorshipof Newcastle United?
it wont as northern rock paid their sponsership money up front
After the nationalization iscomplete, should our nationalbank be the National Bank ofObama?
With the workers at each branch dressed in smart gray uniforms and pictures of Dear Leader adorning the walls?
I hope not. He deserves to be jailed for treason, or, if we can't do that, at least impeached
How are Obama's policies (likenationalization of autocompanies and banks throughbailouts) NOT socialism?
It is socialism. The first act of socialism is to divide the "haves" from the "havenots." Then you tell all those "havenots" that they can take what the "haves" own for themselves. What Obama isn't telling anyone is that we will become a third world country because everyone's standard of living will be lowered. Why would a doctor go to school for 12 years and a ton of school loans to earn the same as a garbage truck driver? Most highly paid people have high stress jobs. Why go through the stress if the government is going to tax you so much you could easily end up with the same paycheck as a low stress job.
Do you wonder how many peoplecalling for oil companynationalization own mutualfunds with oil stocks?
I'm getting a good laugh out of the people whining for nationalization. I would bet at least some of them have a nice part of their net worth tied up in mutual funds that own oil company stocks. And that's what no one focuses on in that ridiculous debate. Behind the evil "Big Oil" is a bunch of individuals. When "windfall profits" are taxed, the money comes out of the pockets of individuals who own oil company stocks. Demonize "Big Oil" all you want while you flush your own money down the toilet.
first of all 8.1% profit is not a real lot. do you know the gov makes about the same amount from the oil co's and they do nothing.
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