• 23 Sep 2008 at 11:30 AM

Bush: Socialist

By Equity Private

Granted, you might prefer to take with a grain of salt anything Hugo Chavez says, but it is amusing (because it is so biting) to hear him welcome President Bush into the realm of socialism. Cue Bloomberg:

I nationalize strategic companies and get criticized, but when Bush does it, it’s OK,” Chavez said on weekly television program Sept. 21. “Bush is turning socialist. How are you, comrade Bush?”

We’ve maintained for the last week that there is nationalization and there is Nationalization and that the “financial press” seems to enjoy using both interchangeably. When the Treasury forcibly seizes Barclays assets and takes its time paying $0.04 on the dollar, we’ll revist. Still, till then, it’s beyond amusing when Chavez scores a point.

Lula, Fernandez May Mock U.S. at UN After Financial Turmoil [Bloomberg]

Comments (13)

  1. 1
    Posted by guest | September 23, 2008 at 11:38 AM

    Posts are getting better.

  2. 2
    Posted by michange | September 23, 2008 at 11:43 AM

    Dear EP, pls post me a link about uc/lc N/n ationalizations, i’m late!

  3. 3
    Posted by guest | September 23, 2008 at 12:16 PM

    The fact that I agree with Chavez on even a single issue makes me want to kill myself

  4. 4
    Posted by guest | September 23, 2008 at 12:28 PM

    Actually had to open the story to confirm the phrase “comrade Bush.” HI-larious!

  5. 5
    Posted by guest | September 23, 2008 at 12:32 PM

    RINO and he hid it from everyone for 4 years!!!
    #3, I know, it is really scary when chavez starts to sound intelligent.

  6. 6
    Posted by StupidEquityGuy | September 23, 2008 at 12:36 PM

    EP,
    TY for the quote… Priceless…
    ~SEG

  7. 7
    Posted by guest | September 23, 2008 at 12:40 PM

    screw chavez and all the rest, this is america, do as we say and not as we do biatch

  8. 8
    Posted by guest | September 23, 2008 at 12:47 PM

    Who ju tryin to get crazy wid ese, don’t you know Bush is loco?

  9. 9
    Posted by JMc | September 23, 2008 at 12:51 PM

    Or do we have the wrong “ism” – check out the Economics Policy section of Wikipedia’s entry on fascism and see if it sounds familiar.
    http://en.wikipedia.org/wiki/Fascism

  10. 10
    Posted by Anal_yst | September 23, 2008 at 1:23 PM

    The Southpark episode regaling the merits of American Hypocrisy comes to mind…

  11. 11
    Posted by guest | September 23, 2008 at 1:47 PM

    It’s funny because it’s true!

  12. 12
    Posted by guest | September 23, 2008 at 2:24 PM

    I’ve said this already, but what you d-bags are calling “Nationalization” is actually expropriation. Dumb fucking MBAs.

  13. 13
    Posted by guest | September 23, 2008 at 2:32 PM

    Socialist? Nah. He can’t even say the word w/o stammering or running into a door. Dubya, and the whole Bush/Walker clan have always favored ‘their own’. Look at all of his cabinet, or court appointments: cronies. Nepitism should not be confused with socialism as the later is based on “society” and its values. He has helped to save his cronies, not broader society.

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