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How America Embraced Lemon Socialism

Daily Kos found this 1/24/2009 on robertreich.blogspot.com

America has embraced Lemon Socialism. The federal government -- that is, you and I and every other taxpayer -- has taken ownership of giant home mortgagors Fannie and Freddie, which are by now basket cases. We've also put hundreds of millions into Wall Street banks, which are still flowing red ...