Wednesday, September 17, 2008

S-Words

Few dare invoke the scare-words "safety net" or "socialism" when it benefits the rich.

On top of our recent nationalization -- please pardon the non-euphemism -- of Fannie Mae and Freddie Mac, we now own AIG and take on the obscene risks of its corporate leadership.

Congratulations? What goes to our collective portfolio next?

2 comments:

Bpaul said...

The Neo-Con version of "free market." Effing hilarious.

No socialism for the many, only for the few.

Eff them

effing effers

Bp

Mike said...

I heard the word "nationalize" used by a journalist on Bill Moyers Journal last night. He also had an interview with Kevin Phillips that was worth watching, if a bit harrowing.

http://www.pbs.org/moyers/journal/09192008/watch2.html

There's also a transcript if you prefer.