When the govt. “bailed out” GM, it essentially nationalized GM (took it over). Now Obama says he wants to do the same thing for all industry in America:
PUEBLO, Colo. – President Obama, while villifying Mitt Romney for opposing the auto industry bailout, bragged about the success of his decision to provide government assistance and said he now wants to see every manufacturing industry come roaring back.
“I said, I believe in American workers, I believe in this American industry, and now the American auto industry has come roaring back,” he said. “Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.
“I don’t want those jobs taking root in places like China, I want those jobs taking root in places like Pueblo,” Obama told a crowd gathered for a campaign rally at the Palace of Agriculture at the Colorado State Fairgrounds here.
My friend, whether you like it or not, that is an open call to nationalize all industry in this nation, and that is called Marxism (note: real Marxism cannot and will never exist, but govt. ownership of industry is as close as it will ever get, thus, that is what the Marxist is calling for here: Marxism!)