I recently had the pleasure of listening to Congressman Michele Bachmann speak and she pointed out that one year ago (Summer - 2008) the Federal government owned 0% (ZERO percent) of private businesses. Thanks to bailouts and stimulus dollars the Federal government now owns 30% (THIRTY percent) of private business in this country! Folks that makes us a socialist country. Scary.
"William Boyes, an economics professor at the W.P. Carey School of Business at Arizona State University, estimates that the government now owns or controls businesses that generate about one-third of U.S. economic activity. "
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