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Sunday, September 21st 2008

6:43 AM

Can Capitalism Be Saved By Socialist Style Bail-Outs By George Bush?

The latest move by George Bush to fund the past profiteering and incompetence of the large US based financial institutions is interesting to say the least.

For months now, I have been giving the opinion that it needs a complete change of the political structure as capitalism as we have known it can never continue to succeed in the longer term due to the inability to expand due to energy shortages.

The taking over of financial institutions represents a move towards partial socialism. It would appear that neither full socialism, nor of course, communism, can succeed due to it causing low level corruption. But a blend of these different systems might work.

The key to anything working is to stop the drain of funds to those who have control and are literally stealing large amounts of the funds that the corporations require to maintain their existence.

Interesting......... I didn't expect that to happen.
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