I am quoting from a piece put out by International Living that I think pretty much says what I have been thinking for awhile.  Just thought you might be interested too: "

Western democracies took cues from their eastern and southern socialist neighbors and nationalized entire sections of their economies, most notably the banking and financial parts.

Seems like the recent U.S. regulatory experiment of trusting businesses and corporations to regulate themselves results in monumental cheating, thieving, and profiteering.

Who would have guessed?

Of course, U.S. economic policy has never been anything like real free-market capitalism. In a real free market, there is competition that results in winners…and losers.

But nobody in the U.S. can be allowed to lose or suffer the consequences of their greed, mistakes, and bad decisions.

You heard this from both U.S. presidential candidates last week. They both told anybody who would listen that in their administrations, everybody would be a winner and nobody would be left behind to suffer or fail.

That’s why it’s OK for both a Democrat and a Republican to back the biggest redistribution of wealth in history–the redistribution of a trillion dollars from the pockets of taxpayers into the pockets of cheating, thieving, profiteering businesses.

Something new has been born…Capi-socialism. It’s socialism for businesses.

It’s too good for us little guys…socializing the health care system would be un-American. But spreading the wealth around to the bankers, insurers, and automakers, and putting the government on the board of directors…now that’s patriotic.

I think I just heard Karl Marx laughing.

By this time next week, there will be a new U.S. president, and he’ll inherit the worst financial situation since the Great Depression.

Do you really think nobody is going to suffer or be left behind?

Everybody who isn’t already rich or working for the government is going to suffer, of course. Standards of living will go down. SUVs, McMansions, and five-course meals will be out. Mass transit, three-room condos, and macaroni and cheese will be in.

To me, this is not a bad thing. In my opinion, it’s about time folks woke up and started living within their means…unlike our governments."

It will be interesting to see what occurs in the next 24 to 36 months in this country.  It could turn around, it could end up like so many other countries where there are the super rich and the dirt poor and very little inbetween.  Welcome to socialism.  What a scary future.