03-27-2009, 10:47 PM
Hi,
There may be a shade of distinction, though, depending on whether it is the government buying the institutions or the institutions selling themselves to the government.
Not even sure of how it pertains, but the old saw, "if you owe the bank a hundred thousand, the bank owns you. If you owe them a hundred million, you own the bank.", comes to mind. Adjusted, of course, for inflation and government numerology.;)
--Pete
Quote:The government is buying an interest in capital intensive industuries. Smells like fascism, not socialism.A cesspool by any other name?
There may be a shade of distinction, though, depending on whether it is the government buying the institutions or the institutions selling themselves to the government.
Not even sure of how it pertains, but the old saw, "if you owe the bank a hundred thousand, the bank owns you. If you owe them a hundred million, you own the bank.", comes to mind. Adjusted, of course, for inflation and government numerology.;)
--Pete
How big was the aquarium in Noah's ark?