I believe we are beginning to see a disturbing pattern here in our country's economy. The federal government is systematically nationalizing private corporations. The 'big boys' at AIG get saved after making stupid decisions and the 'little folks' like you and me get stuck with the bill. We are no longer working in a free market economy. Which companies are next? GM? Boeing? GE? CBS? Google?
I guess this is what happens when corporations purchase a sufficient number of Congressional seats in the Legislative Branch of our government.
My prediction is that as the economy continues to implode, this methodology will continue until the distinction of the federal government and private corporations becomes seamless.
Our freedoms are in grave danger.
Tuesday, September 16, 2008
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