Why You Should Hate the Treasury Bailout Proposal

Interesting read from Time.

http://www.time.com/time/nation/article/0,8599,1843168,00.html?cnn=yes

How We Became the United States of France

By Bill Saporito Sunday, Sep. 21, 2008


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.