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Why he’d have to nationalize the entire industry to deal with the BP leak is unclear to me, but all men have their fantasies, my friends. Doubtless most of our male readers were thinking about Miss USA for much of the afternoon; Tingles, bless his heart, was thinking about this. We should get him and Woody Allen together, see where the discussion leads. That’d be a “Hardball” for the ages, wouldn’t it?I think The One’s more of a commission kind of guy than an “emergency seizure” kind of guy. Which is fortunate, because from what I can tell, Matthews’s idea...

Are the Feds Trying to Nationalize Your Retirement Savings? Share Post Print May 9, 2010 Posted by John at 7:15 PM For some time, there have been rumblings that the federal government might try to solve its budgetary problems by nationalizing (i.e., stealing) the money that millions of Americans have set aside for retirement in 401(k) plans and the like. One way they might do this is to confiscate the cash on hand in exchange for a promise to make future payments in the form of an "annuity." An involuntary annuity, in that scenario. I haven't taken this speculation too...

The Dinner Roll .. Once upon a time I was invited to the White House for a private dinner with the President. I am a respected businessman, with a factory that produces memory chips for computers and portable electronics. There was some talk that my industry was being scrutinized by the administration, but I paid it no mind. I live in a FREE country. There's nothing that the government can do to me if I've broken no laws. My wealth was EARNED honestly, and an invitation to dinner with an American President is an honor. I checked my coat, was...

(CNSNews.com) – A bill currently before the Senate would empower the Obama administration to nationalize the student lending industry, eliminating the federally subsidized private loans millions of university students rely on to finance their educations. The Student Aid and Fiscal Responsibility Act – currently being considered by the Senate Health, Education, Labor, and Pensions (HELP) Committee – would eliminate the Federal Family Education Loan (FFEL) program. FFEL loans are federally subsidized and make up approximately 80 percent of the student lending industry.

Freep this poll before 9 pm CDT Wednesday July 22 "Do you support a nationalized health care system?" www.wjfw.com

Waters: Socialize The Oil Industry

On June 7, 1995, the Washington Times printed a letter to the editor from a man named Thomas Colton Ruthford in which he described the Nazis and how Hitler came to power and then abused that power. In light of current events, this letter could be quite chilling. There are those who say that "Those who will not learn from history are doomed to repeat it," but I would like to modify that and say that, "The only lesson we learn from history is that we don't learn from history." Gary ****************************** **** Letter to the Editor 6/7/95 - Arlington,...

The New York Times: First to be Nationalized or sold for Scrap? The Wall Street Journal just featured a column speculating that control of the troubled New York Times may be acquired within the next couple of years. That’s it! Abuse your shareholders by running those assets into the ground then sell off what’s left for scrap. Like most of the major media companies, they ran the company not to increase shareholder equity but rather to increase DNC equity. The New York Times is more of a 527 organization than a news organization. The scoundrels running the NY Times should...

NEW YORK (Fortune) -- What does it mean to nationalize a bank, anyway? That question has weighed on the minds of investors in the two weeks since the Obama administration's comprehensive financial industry stability plan fell flat. And they came to a head Friday. Nationalization fears helped drag down shares of Citigroup (C, Fortune 500) and Bank of America (BAC, Fortune 500) as much as 36% at one point Friday. BofA recovered most of its losses to finish Friday down just 3.6%. But Cit's stock closed Friday with a 22% loss. The term nationalization has been used to cover a...

"The United States banking system is effectively insolvent," Mr. Roubini said. Economist who predicted financial crisis says its time to nationalize insolvent banks Zombie banks are effectively stalking the economy, killing off the potential for economic recovery. Nouriel Roubini (regmonitor.com) is calling for drastic action to stop zombie banks from further damaging the global economy through waves of financial crisis. Nouriel Roubini, a professor of economics at the Stern School of Business at New York University, has been one of the few to predict the warp and woof of the damage to the economy. Mr. Roubini estimates thal losses on...

There is a story out now on a website which cannot be posted here, but it's pretty important because it has the current liberal economic holy man Paul Krugman openly stating that any further bank bailouts undertaken by Obama should require bank nationalization. If you search for "Obama Should Nationalize U.S. Banks, Krugman Says", you'll find it.

Need help in locating a great conservative article on what we could expect from a Nationalized Banking System under Obama and a majority Commicrat Congress. This article included the facts that a Nationalized Banking system would be able to regulate our lives by loaning money only if you were using it to live "Green". No home loans for homes over 1,500 sq ft . . . uses too much energy to heat and cool. No homes out in the country . . . use too much fuel to drive back and forth to work, much better living in a cramped...

CARACAS: Venezuela will nationalize the local unit of the Spanish bank Grupo Santander, President Hugo Chavez said Thursday. Chavez said he would pay fair compensation for the bank. The government blocked the bank's attempt to sell itself to a local investor. In an address, Chavez said that "I am interested, and we are going to nationalize it." The financial institution is Venezuela's largest bank. Under Chavez's governance, Venezuela also has nationalized its largest telephone, electricity, steel and cement companies and has assumed majority control over four major oil projects.

LA PAZ, Bolivia - President Evo Morales signed a decree nationalizing all assets of gas pipeline company Transredes on Monday, saying the foreign companies that owned half of it had been too slow in negotiating. Morales' decree gives the government full ownership of Transredes SA, which transports Bolivia's natural gas to clients in Brazil and Argentina. Terms of the nationalization were not announced. The company had been half-owned by Royal Dutch Shell PLC (nyse: RDSA - news - people ) and Ashmore Energy International. Morales said Ashmore executives had initially agreed to sell some of their 25 percent stake in...

In a grilling of oil executives by a House panel yesterday, Rep. Maxine Waters, D-Calif., threatened to nationalize the industry if it didn't do something about the rising prices at the pump. A report by Fox News, captured in a clip posted on YouTube.com, showed Waters challenging the president of Shell Oil, John Hofmeister, to guarantee the prices consumers pay will go down if the oil companies are allowed to drill wherever they want off of U.S. shores.

The US Federal Reserve is examining the Nordic bank nationalisations of the 1990s as a possible interim solution to the US financial crisis. ... A senior official at one of the Scandinavian central banks told The Daily Telegraph that Fed strategists had stepped up contacts to learn how Norway, Sweden and Finland managed their traumatic crisis from 1991 to 1993, which brought the region's economy to its knees. It is understood that Fed vice-chairman Don Kohn remains very concerned by the depth of the US crisis and is eyeing the Nordic approach for contingency options. Scandinavia's bank rescue proved successful...

Venezuelan President Hugo Chavez has used the power of the state to nationalize the oil industry, squash the independent news media, and control the electoral process. Seizing control of the country's public and private schools is next on his agenda.

CARACAS, Venezuela - President Hugo Chavez announced plans Monday to nationalize Venezuela's electrical and telecommunications companies, pledging to create a socialist state in a bold move with echoes of Fidel Castro's revolution in Cuba. Chavez, who will be sworn in Wednesday to a third term that runs until 2013, also said he wanted a constitutional amendment to eliminate the autonomy of the Central Bank and would soon ask the National Assembly, solidly controlled by his allies, to give him greater powers to legislate by presidential decree. "We're moving toward a socialist republic of Venezuela, and that requires a deep reform...

If war there be, then let there be talk of war, talk of victory and talk of defeat.

CARACAS, Venezuela (AP) - President Hugo Chavez said Sunday that foreign oil companies operating in Venezuela must pay taxes he insists they owe, or else leave the country. "The companies must pay what they owe,'' Chavez said during his Sunday television and radio show. "If they don't pay, they must leave.'' Chavez said that many private oil companies have been evading taxes for years, and they must be charged retroactively with interest on any debts. Officials have said that many declare losses to avoid paying income tax. "It's not possible that an oil company can come here, pay 1 percent...