He makes some sense here.
We really may be turning into a socialized government.
Read the full article and leave your thoughts.
Money and power made people greedy, so you decided to hand over a bunch of money and power to greedy politicians instead. Smart! After using that money to nationalize a bunch of banks, mortgage companies and insurance companies, they moved on to bigger things.
The airlines came first -- we just couldn't live without them. Then it was the automakers (Detroit would've died), health care (they said they could manage it better), and eventually, the oil companies (I'm not sure where all of those "windfall profits" have gone).
The idea behind it all (an idea that was eventually turned into law with the passage of the Securities Exchange Act of 2011) was to "socialize losses" by spreading them out among all taxpayers. The pain, our leaders argued, would be minimal that way.
They were right. At least until the bills came due. See, we didn't actually have any of the money we were promising everyone; we were borrowing it.
It didn't take long before so many of our tax dollars were going toward interest payments that we couldn't fund even the most basic of government programs without massive tax increases on everyone. People now work most of the year just to pay Uncle Sam (or, as we now call him, "Comrade Sam").
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