Tuesday, March 31, 2009

Does This Sound Familiar?

I want you to read the following entry and then tell me whether it sounds like the current situation in the United States:

…that the State shall make it its primary duty to provide a livelihood for its citizens… the abolition of all incomes unearned by work… the ruthless confiscation of all war profits… the nationalization of all businesses which have been formed into corporations… profit-sharing in large enterprises… extensive development of insurance for old-age… land reform suitable to our national requirements…

Well, does it sound familiar? Does "livelihood for its citizens" sound like expansion of welfare? How about "abolition of all incomes unearned by work", is that a criticism of investors in the stock market and excessively taxing the rich? Is the "nationalization of all businesses... corporations" what is happening to AIG, GM, Chrysler and others? Does it relate to President Obama's plan to put members of his administration into companies like GM? Is "profit-sharing in large enterprises" referring to actions by the Fed or the U.S. Treasury?

Well as familiar as it sounds it's not something from the Obama administration....it's from the 1920's. It's from the Nazi Party's 25 Point Programme. Still seems familiar though.

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