Both Obama and Chavez are nationalizing private companies!
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.
“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.
