If Russia or Venezuela took over a private sector company, it was called nationalization. Now that the entire financial sector is being nationalized in America, it is called a rescue effort. I call it a double-speak! We should have seen this coming a long time back. Americans have been living beyond their means for the [...]
Filed under: American | Tagged: American Consulate, American way of life, Banking Committee, Barney Frank, Beer, Bill Clinton, Chairman of the House Financial Services Committee, Chairman of the Senate Banking-Housing and Urban Affair, Democrats, Economic Policy, George H W Bush, Governor Michael Dukakis, Henry Paulson, Japan, lower-middle class, Main Street, Monetary Policy, Nationalization, Nationalization of the willing, Nukkar, Paanwala, Pinata, President Ronald Reagan, Private sector company, Promised Land, Purabia Saathis, Reagan Administration, Republicans, Russia, Senator Chris Dodd, Treasury Secretary, United States of America, Upper-middle-class, US Congress, US Financial Markets, US Senate, Venezuela, Wall Street, Washington DC, White House, Working Class Americans | Leave a Comment »
