Obama: Is he a reluctant nationalizer?

[AztecWilliam]

The President says no, that he does not want to run car companies (etc., etc.). But what is his real preference regarding the role of government in the economy? For instance, has the administration said anything about when the U.S. government will sell its stake in GM? Anything? Or about privatizing the banks? Or the insurance companies?

This may be the change he was alluding to (though never spelling out), or perhaps he has had no choice (and perhaps I have no choice but to order those fries with my burger!)

www.realclearpolitics.com/articles/2009/08/23/a_doctrine_of_no_retreat_98005.html

AzWm

[aztecwin]

All of the evidence and implications of what Obama is about are scary!

[Bob Forsythe]

Will, the simple fact about this site is that you and Pooh are engaging in a Frick and Frack double team. I'm sorry, but I have no desire to engage in the bull$#!+ the two of you are putting out on here.

=Bob

[AztecBill]

Republican and former Presidential candidate Lamar Alexander wrote a bill to send all the governments shares of GM stock equally to each tax payer in America. It lost by party line vote, although one Democrat did vote for it.

A new bill is working its way through the Senate that when the government owns more than 20% of any company, a special 3 member unpaid panel is appointed to ensure any government involvement is only to ensure maximum return to stock holders. I suspect that will go down on party lines as well.

The statists want to control the companies for their purposes. Anything that stands in the way of that will be killed.