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Originally Posted by flstf
He seems to be a typical modern American polititian who's core beliefs and positions are very close to most other Democrats and Republicans. The government screw ups and bail outs are the result of both parties actions and inactions.
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Obama is nationalizing our largest banks. Given those banks a competitive advantage over over small banks. In essence competition is being severely restricted in the market, over time ther will be less and less competition as the big banks buy up the small ones and the government will have controlling ownership, regulatory control, and the power of legislation to dictate or mandate what the banks do. that ain't capitalism, that is socialism.
He is doing the same in the Auto industry. Socialism
He wants to do the same in healthcare. Socialism
He wants to do the same in energy. Socialism
He wants to do the same in education. Socialism
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