Peter Schiff - Obama is pursuing marxism and his GM plan is "sheer nonsense"

[Soul Crusher]

Peter Schiff nails it again. 

[Hedgehog]

It's really hard to take Schiff serious when he refers to Obamas policies as Marxism.
Marxism is something else.

[Soul Crusher]

It's really hard to take Schiff serious when he refers to Obamas policies as Marxism.
Marxism is something else.

What do you call:

1.  Taking over GM, AIG, Citi?
2.  Imposing massive taxation and regulation to business?
3.  Socializing corporate losses?

[Hedgehog]

What do you call:

1.  Taking over GM, AIG, Citi?
2.  Imposing massive taxation and regulation to business?
3.  Socializing corporate losses?

1. Nationalization - which is not a Marxist action per se. 
2. What do you refer to as massive taxation? And regulation of business isn't Marxism.
3. Bailing out business is wrong IMO. I much rather see temporary nationalization when important banks fail. 

[Soul Crusher]

1. Nationalization - which is not a Marxist action per se. 
2. What do you refer to as massive taxation? And regulation of business isn't Marxism.
3. Bailing out business is wrong IMO. I much rather see temporary nationalization when important banks fail. 

We the people - now own the means of production .   

[240 is Back]

We the people - now own the means of production .  

Fuck the "G-ride".  I want the machines that are making them.

[Bindare_Dundat]

President Barack Obama said the bankruptcy of General Motors Corp. was a “painful” yet necessary step to ensure the company’s survival.


I thought the 50 billion in bailout money was to ensure the company's survival?