New Zeal: Us Banks to be Nationalised? Communists Say Yes

New Zeal: Us Banks to be Nationalised? Communists Say Yes: "Us Banks to be Nationalised? Communists Say Yes
If you want to know the Obama administration's agenda and priorities, read the US communist press. Then look at what the socialist controlled US labor movement is demanding. that will tell you all you need to know.

I am NOT joking.

From the Communist Party USA's People's Weekly World 04/20/09

New moves by administration seen as step toward bank nationalization

In a major change of course, Obama administration officials are saying they don’t have to ask Congress to add money to the Bush administration’s bank bailout and that they can convert the government’s existing loans into common stock. Although the move would turn federal bailout money already handed out into available capital for the banks, it would give the government a major ownership stake in the nation’s largest 19 banks."


Comrade Obama working his magic on turning us into his socialistic society under his fascist rule!