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| Source:The Real News- New York City: the Capital of Corporate America. I guess NYC isn't as left-wing as it gets blamed for. |
"John Weeks: Obama gave the banks time to rally opposition to severe regulations; another banking collapse is on the way."
From The Real News
We'll never nationalize the banking system in America. Thats a socialist pipe dream that so-called Progressives (Socialists, in actuality) will never accomplish. Nor should we because the Federal Government doesn't do a very good job of what it's runs now. Besides, the banking system represents too much of the American economy, so that would never happen.
Give the Feds the banking system one day, then they can get the auto industry the next day, airline industry the next day and so on, making the United States look like the Soviet Union which never had a very strong economy, despite its population, land, and educated class, but we can have a much better banking system in America.
It's not illegal in America to be a Socialist or even a Marxist, it's just very unpopular. (Regardless of whatever Millennial polling suggests) If nationalizing huge chunks of the American economy whether you're talking about health care, banking, autos, pensions, whatever it might be, if you believe nationalization is what's needed to get the American economy back to strong health, then how come you just won't come out of your political closet and admit that you're a Socialist, or even a Marxist-Socialist, because nationalization is what Marxist-Socialists have always believed in and still do.
