Monday, September 29, 2008

The Wall Street bailout, is it socialism? or national socialism?

Herr Bush in his usual state of irrational exuberence has hailed the dodgey Wall Street bailout plan a major success. He would, wouldn't he? He's hailed his Iraq war a success, too, and we all know that is a crock of night soil! Everyone is hoisting the old hoary petard that with the bailout the free marketeers are taking a leaf out of the socialist handbook. Well, old darlings, is it the Socialist handbook influenced by Marx or the Nationalist Socialist handbook written by Mussolini? If you look at the huge emergency spending bill the houses of Congress signed off the other day, what do we find? The largest share of the pie goes to defence, homeland security, and veterans affairs. So the road to socialism to drag US capitalism out a mess of its own making, tilts towards il Duce's national socialist model, and history buffs, remember that under il Signor Mussolini and Herr Hitler the banks made out like the bandits they are and the country was set on a permanent war footing. Ring a bell?

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