Socialism?

Posted on October 14th, 2008 by Jerry under Life, Money and Finances, News, Opinion, Politics.

Unfortunately I have been very busy the past couple of weeks so I have not been able to “keep up” with all of what’s going on with the big banks, and Wall Street as much as I’d like to be “informed” about the big mess.  I know that it is all going to effect each and every one of us in some way, so I like to be informed.  I guess I have some homework to do!  I did notice in yesterday’s paper that the government is going to be buying shares of some of the big banks.  I also heard on the television news that some people are concerned that this big bailout package is bringing our country closer to “socialism” which has been a big “hated” phrase that most people that I know think is a code word for “evil.”

So many people talk about how this country is a democracy, and yet I learned in school that it is NOT a “democracy” it is a “republic” which is different.  It would be very interesting to see or hear some news stories about THAT!

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