Sunday, September 7, 2008

One step closer

socialism: a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.

Today the US government controls Freddie Mac and Fannie Mae which together provide and distribute capital to the tune of $5.5 trillion.

Today, Russia has a flat tax of 13% while the $US now controls $5.5T of capital lending.

Ronald Reagan is spinning in his grave.

RIP America

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