A former latin american exile writes about life..

Ok so I gave up a comfy boring life to go live in South America. Lots have suggested that I write about my experiences, so here it finally is.

Saturday, September 06, 2008

The truth about the schizophrenic socialism in the US Government

The two big quasi-government mortgage banks got put under government control today.

A commenter on a commercial blog (rhymes with *onsumerist, but I won't publicize them because I completely disagree with their heavy-handed one-sided management) put it the best way I ever could (if I thought about it):

Words are attributed to ARP on the gawkermedia.com blog where they'll probably delete his post:

I'm so sick of this neoconservative approach of private profits and public losses. And yet, they talk about the "market" "capitalism" and all the other buzzwords to scare you into thinking that socialism is just around the corner. Socialism has been here for a while, just not in the way they've scared you into thinking. Our version of socialism [is] just for the wealthy and "can't fail" corporations, so regular [people] get zero benefit from it like other countries do (e.g. health care, education, infrastructure, etc). So my opinion is that we either become partially socialist a la Canada, UK, etc. or we become more capitalist and let shitty businesses fail.

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