Friday, November 21, 2008

Nationalizing Pensions

Hugo Chavez's good buddy Cristina Kirchner, la Presidenta de la Republica del Argentina, had pulled it off! Best thing to do in a financial crisis with everyone's pension funds going down? Have the government take the funds and run them...certainly they can do better than individuals.

Onlooker: They wouldn't do that!
Rumbler: Oh yes they will!

They have. Read about it here.

Well, the good news is it couldn't happen here...

Onlooker: Umm, it couldn't happen here...could it?
Rumbler: Oh yes it can!

They will try. Read about it here.

A graphic illustration:

The Democratic Congress + Obama:

YOU:
Got it?

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