How To Nationalize Any Company In Four Easy Steps

Posted by Patrick Semmens on April 4th 2009

The Obama administration has nationalization down to a science:

Offer company loads of taxpayer money at virtually zero cost.
If company says no, threaten company with regulatory crackdown until it relents.
Add strings to money company already accepted (ex post facto), including the power to fire CEOs.
When companies try to payback money, refuse to accept payment, and tell them to see step three.

Don’t believe me? Read this Wall Street Journal article.

George Will: The Plot to Create Dependence on Government (February 27th, 2010)
Obama Follows the Hoover Depression Plan (April 21st, 2009)
Tax Propaganda (April 17th, 2009)
Freedom Watch (April 8) (April 9th, 2009)
The “Free Market” Strawman (April 5th, 2009)

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