We are officially Socialist - cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

BlueHair · 09-29-2008, 06:23 AM

The government is using tax dollars to buy insurance companies, mortgages, real estate, and who knows what else. If this isn't Socialism, what is? $700,000,000,000 bailout? That is roughly $2300 for every man, woman, and child in the US. Throw in the Iraq war, social programs, defense spending, education, foreign aid, etc. and you can come to no other conclusion than that our currency is a farce. You know they aren't going to raise taxes to pay for this because there would be a national uproar. Instead they just borrow money from the Federal Reserve and further devalue the currency. We have government manipulation in the markets. It's more than just oversight or regulation. It is downright manipulation.

09-29-2008, 06:23 AM	#1
BlueHair Senior Member Join Date: Nov 2006 Location: Utah Posts: 1,148	We are officially Socialist The government is using tax dollars to buy insurance companies, mortgages, real estate, and who knows what else. If this isn't Socialism, what is? $700,000,000,000 bailout? That is roughly $2300 for every man, woman, and child in the US. Throw in the Iraq war, social programs, defense spending, education, foreign aid, etc. and you can come to no other conclusion than that our currency is a farce. You know they aren't going to raise taxes to pay for this because there would be a national uproar. Instead they just borrow money from the Federal Reserve and further devalue the currency. We have government manipulation in the markets. It's more than just oversight or regulation. It is downright manipulation.