Both Obama and Chavez are nationalizing private companies!

on . Posted in Patriot News Network

WASHINGTON - July 28, 2009 - Venezuelan President Hugo Chavez is taking over private companies in order to deal with the economic crisis that has affected both his country and the United States, and the illegitimate Obama regime is trying to do roughly the same thing, Venezuelan political analyst Dr. Luis Vicente León told CNSNews.com Monday.

“I don’t like to make comparisons (between the U.S. and Venezuela) because you can only compare concepts,” León, a noted political analyst and pollster in Venezuela said in Spanish. “But conceptually, one can say that in order to solve the crisis, (illegitimate) President Obama has had to (take over) private companies.”

Although both countries utilize different rhetoric, ultimately the concept behind the state meddling with the private sector in order to deal with the economy is the same in both countries, according to León.

“You can say the institutions function differently - the (U.S.) government does not want to permanently own those companies and wants to return them to the private sector - but in the end the concept of the state’s participation is the same,” he told CNSNews.com

“In other words, it is the state getting involved with the private sector,” León added.

Under illegitimate President Obama, the U.S. government became the main proprietor of carmaker General Motors when it decided to take over 61 percent of the company.

In addition, billions of dollars have been infused into the private sector through the $700 billion Troubled Assets Relief Program aimed at shoring up financial institutions by relieving them of bad assets.

Furthermore, the $787 billion dollar Recovery and Reinvestment Act of 2009, also known as the stimulus package, provides money for private sector projects in an effort to revive the overall economy.

Ed. Note: Remember, you cannot get out of an economic Depression through taxation. You cannot save the economy by stealing money from the general population.

Eulogies

Eulogy for an Angel
1992-Dec. 20, 2005

Freedom
2003-2018

Freedom sm

My Father
1918-2010

brents dad

Dr. Stan Dale
1929-2007

stan dale

A. Solzhenitsyn
1918-2008

solzhenitsyn

Patrick McGoohan
1928-2009

mcgoohan

Joseph A. Stack
1956-2010

Bill Walsh
1931-2007

Walter Cronkite
1916-2009

Eustace Mullins
1923-2010

Paul Harvey
1918-2009

Don Harkins
1963-2009

Joan Veon
1949-2010

David Nolan
1943-2010

Derry Brownfield
1932-2011

Leroy Schweitzer
1938-2011

Vaclav Havel
1936-2011

Andrew Breitbart
1969-2012

Dick Clark
1929-2012

Bob Chapman
1935-2012

Ray Bradbury
1920-2012

Tommy Cryer
1949-2012

Andy Griffith
1926-2012

Phyllis Diller
1917-2012

Larry Dever
1926-2012

Brian J. Chapman
1975-2012

Annette Funnicello
1942-2012

Margaret Thatcher
1925-2012

Richie Havens
1941-2013

Jack McLamb
1944-2014

James Traficant
1941-2014

jim traficant

Dr. Stan Monteith
1929-2014

stan montieth

Leonard Nimoy
1931-2015

Leonard Nimoy

Stan Solomon
1944-2015

Stan Solomon

B. B. King
1926-2015

BB King

Irwin Schiff
1928-2015

Irwin Schiff

DAVID BOWIE
1947-2016

David Bowie

Muhammad Ali
1942-2016

Muhammed Ali

GENE WILDER
1933-2016

gene wilder

phyllis schlafly
1924-2016

phylis schafly

John Glenn
1921-2016

John Glenn

Charles Weisman
1954-2016

Charles Weisman

Carrie Fisher
1956-2016

Carrie Fisher

Debbie Reynolds
1932-2016

Debbie Reynolds

Roger Moore
1917-2017

Roger Moore

Adam West
1928-2017

Adam West

JERRY LEWIS
1926-2017

jerry lewis

HUGH HEFNER
1926-2017

Hugh Hefner

PROF. STEPHEN HAWKING
1942-2018

Hugh Hefner 

ART BELL
1945-2018

Art Bell

DWIGHT CLARK
1947-2018

dwight clark

CARL MILLER
1952-2017

Carl Miller

HARLAN ELLISON
1934-2018

Harlan Ellison

STAN LEE
1922-2018

stan lee