Comments by "craxd1" (@craxd1) on "Beijing Bidens Lackeys Raid Rudy Giuliani as Part of their Persecutorial Purge" video.
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@nunereclipsereborn What we're seeing, right now, is state capitalism spreading everywhere. It is what was with fascist Italy and Germany, and in many other nations with nationalized corporations, or partial ownership of corporations. As a matter of fact, since 1900, the UK was one of the top nations with nationalized corporations.
Under TARP, the US Government sees itself as a partial owner under the bailout.
Read these four articles, though they are by Wikipedia:
Nationalization
List of nationalizations by country
State capitalism
State ownership
For the US:
2009: Some economists consider the government's actions through the Troubled Asset Relief Program and the Emergency Economic Stabilization Act with regards to Citigroup to have been a partial nationalization.[84] Proposal was made that banks like Citigroup be brought under a conservatorship model similar to Fannie Mae and Freddie Mac, that some of their "good assets" be dropped into newly created "good bank" subsidiaries (presumably under new management), and the remaining "bad assets" be left to be managed under the supervision of a conservatorship structure.[83] The government's actions with regard to General Motors in replacing the CEO with a government-approved CEO is likewise being considered as nationalization.[85][86] On June 1, 2009, General Motors filed for bankruptcy during the automotive industry crisis, with the government investing up to $50 billion in debtor-in-possession financing and taking 60% ownership in the company. In addition to a U.S. Government ownership, the Governments of Canada and Ontario also took ownership of 7.9% and 3.8% of General Motors, respectively.[87] President Barack Obama stated that the nationalization was temporary, saying, "We are acting as reluctant shareholders because that is the only way to help GM succeed."
Citigroup is one of the leaders of the reset.
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