Tuesday, Feb 24, 2009
It's not nationalization, it's protecting the taxpayers' interests
KX News: Harry Reid: Government Takeover Of The Banks Isn�t Really Nationalization
So don’t you dare call it that.
Senate Majority Leader Harry Reid said he supports efforts of the federal government to dramatically expand its stake in Citigroup, but wants people to back off from the dramatic rhetoric.
�It�s not nationalization, it�s protecting the taxpayers� interests,� Reid (D-Nev.) told MSNBC�s Morning Joe program on Monday.
That the government is now going to be holding stock in at least one private company is bad enough. But to have someone like Reid tell us that what’s happening isn’t really happening is just plain…Orwellian. ~~~~
and meanwhile, here in the UK we're nationalising banks and privatising the Post Office ! yeah right. Now that's what I call Orwellian.
Posted by troy @ 08:19 AM (224 views) Add Comment
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