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If Obama was a true socialist

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arcadian Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-10-10 09:42 AM
Original message
If Obama was a true socialist
Like the idiot right claims, how would he have handled the bail outs, mortgage crisis, etc?
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DailyGrind51 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-10-10 09:44 AM
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1. He would have nationalized banks, stripping them of their assets, and distributing same
to depositors.
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-10-10 09:54 AM
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2. He would have let the huge corporate banksters fail (just like he let the smaller banks fail)
Edited on Sun Jan-10-10 10:11 AM by fasttense
and given the TARP money to people who were getting foreclosed and going bankrupt. He would have bought up the people's debt and not the corporate debt.

You know, another question I've been asking myself is how would Mussolini have acted when confronted with this type of crisis? He would have probably done exactly what has been done (after jailing or murdering all dissenters). And he would have loved the Senate health care bill.
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