Quote:
Originally Posted by Willravel
Temporary 'nationalization' (it wasn't actually nationalization) is no more socialism than an overnighter in the drunk tank is being sentenced to prison.
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'Temporary' nationalism is like being a 'little bit pregnant'. Obama nationalized GM. Again, from Wikipedia article on nationalism
Nationalization, also spelled nationalisation, is the act of taking an industry or assets into the public ownership of a national government or state.
That's exactly what Obama did by having the feds buy controlling interest in GM and throwing out GM's CEO.