Treasury Can Buy Control of Banks [New Deal] (2)

1 Name: Unverified Source : 2008-10-09 09:50 ID:3zslomgC

> U.S. Treasury Secretary Henry Paulson said on Wednesday a recently approved financial bailout bill gives him wide authority to inject capital into the banking system and would not rule out having Treasury take an ownership position in banks if necessary.

This is such an overtly socialist move on the part of such a neo-liberal administration. Are we about to see a another era of multifarious social programs and civil service?

2 Name: Unverified Source : 2008-10-09 11:18 ID:tBrBI/kh

Pro-tip: Socialism is when you take over successful businesses.

I don't know what this is... failurism?

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