Posts Tagged ‘socialism’
Free markets (free to fleece the tax payers)
Posted by: Disgusted with Republicans on: September 17, 2008
Cheeze’n’rice! The Feds will bail out an insurance company but when it comes to ordinary American’s NEEDING national health insurance, – which would also, btw, save taxpayers $billions, the Repugs YELL: “SOCIALISM!!!!!!!!”
Breaking News Alert / The New York Times
Tuesday, September 16, 2008 — 7:21 PM ET
Fed to Give A.I.G. $85 Billion Loan and Take 80% Stake
Excerpt:
“In an extraordinary turn, the Federal Reserve agreed Tuesday to take a nearly 80 percent stake in the troubled giant insurance company, the American International Group, in exchange for an $85 billion loan.”