Saturday, September 20, 2008

National Journal: socialism is still creeping

20 September 2008

Workers Paradise USA
By Randy Barrett
The National Journal

It turns out that socialism is still creeping. This week, American taxpayers purchased an 80 percent stake in insurance giant American International Group for $85 billion while still digesting the government takeover of Fannie Mae and Freddie Mac and the March bailout of Bear Stearns.

Bad news, right? Not for Brian Moore, Socialist Party USA candidate for president. "I think this certainly helps the cause," he said. Moore, who is on the ballot in eight states, is devising a master schedule for the nationalization of American industry. "We're really working on a practical, specific program to show what would be entailed in ushering in a new economic system"...

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