How To Nationalize Any Company In Four Easy Steps

The Obama administration has nationalization down to a science:

  1. Offer company loads of taxpayer money at virtually zero cost.
  2. If company says no, threaten company with regulatory crackdown until it relents.
  3. Add strings to money company already accepted (ex post facto), including the power to fire CEOs.
  4. 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.

One Response to “How To Nationalize Any Company In Four Easy Steps”

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