The irony of ironies is that it is the GOP that has lead us to a single payer insurance system (courtesy of US purchase of AIG) and nationalized financial system. In this brand new era, it appears that it will take the Democrats to preserve a free market economy. This article is being echoed in many newstories in Europe regarding the grand irony of how the US supposedly hates market intervention, yet to avoid financial catastrophe, the Bush administration is leading the greatest market intervention, since the Great Depression.
And John McCain was the former chairman of the Commerce Committee that oversees the events that lead to this mess? Heck of job, John McCain!
http://www.time.com/time/nation/article/0,8599,1843168,00.html?imw=Y/snip
This is the state of our great republic: We've nationalized the financial system, taking control from Wall Street bankers we no longer trust. We're about to quasi-nationalize the Detroit auto companies via massive loans because they're a source of American pride, and too many jobs — and votes — are at stake. Our Social Security system is going broke as we head for a future where too many retirees will be supported by too few workers. How long before we have national healthcare? Put it all together, and the America that emerges is a cartoonish version of the country most despised by red-meat red-state patriots: France. Only with worse food.
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