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Thread: The USA: the new socialists???
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[quote=APAULT,320236]China's government has embraced market forces and is selling off its state owned enterprises as fast as it sensibly can. The USA has just nationalised Fanny Mae and Freddie Mac the two financial institutions which together finance 50% of US home loans. Government ownership of the means of production is a core plank in traditional socialist philosophy. Maybe there is something in socialist enterprise after all. What do you say Mr.George W Bush? (Oh I forgot it is Al Qaida and Asama Bin Laden's fault) [/quote]
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