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Originally Posted by cykoe6
Nationalization does not equal socialism but it is an important step in the process. I agree that the current situation with GM or the banks is not a full nationalization. As I made pretty clear above Obama is attempting to implement his socialist agenda a small piece at a time, as their is not much public support for his radical long term goals. Even if he is unable to take the country all the way down the path towards a state run economy he will certainly do a lot of irreversible damage on his way.
Even the Europeans are aghast at his agenda. They understand the long term implications better than most in the US.
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You really only sound like a conspiracy theorist though. Do you have any proof or factual information to provide that will back what you're saying?
Because this isn't Obama's doing, and he isn't attempting anything in this situation. What has happened was a business decision. The auto companies came to congress and asked for a loan. Those loans came with terms which they agreed to. Right now they are simply adhering to those terms. They failed to meet certain qualifications at which this time there are consequences to not meeting them.