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26-09-2008, 03:38 AM
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 Are the US embracing Socialism?? Buyout Plan for Wall Street Is a Hard Sell on Capitol Hill WASHINGTON — Treasury Secretary Henry M. Paulson Jr. received an angry and skeptical reception on Tuesday when he appeared before the Senate Banking Committee to ask Congress to promptly give him wide authority to rescue the nation’s financial system. Mr. Paulson urged lawmakers “to enact this bill quickly and cleanly, and avoid slowing it down with other provisions that are unrelated or don’t have broad support.” http://www.nytimes20Socialism&st=cse&oref=slogin.com/2008/09/24/business/economy/24fannie.html?_r=1&scp=2&sq=Financial% Quote:
What a strange set of events, we have a supposedly socialist government in the UK embracing with impunity limited regulation capitalist liberalism and the US proposing to take a $700 billion burden of toxic banking debt national - Are the US finally embracing economic socialism? Last edited by Tete123; 26-09-2008 at 03:40 AM. Reason: Moving link.      |
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