Monday, July 12, 2010

Is the Financial Regulation Bill "Socialist"? Don't Make the Socialists Laugh

12 July 2010

By: John Nichols
The Nation

"Dan La Botz, who is running the Senate in Ohio as a proud 'Buckeye Socialist,' argues that 'none of the problems facing this country can be dealt with unless we end the domination of banks, insurance companies and multinational corporations over both major parties and over our political system.'

So what's the Socialist fix for the banking issues that the Senate is wrestling with -- and for the broader financial crisis?

La Botz's platform declares: 'Not a penny more for the banks and the bankers! Take over the banks...'"

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