Privatized Profits, Socialized Costs

America: the home of corporate state socialism. See the Huffington Post piece here.

The Republican dream -- privatize profits, socialize costs -- is now the norm. This will be the trend for the foreseeable future. Corporations will be backed by tax dollars. Those who reap the billions will pay little or no tax. Those who reap none of the profit will pay all of the tax. Despite all of this, these corporations are still allowed to play without any rules, and make as many reckless moves as they want, with our money, without penalty. This is now the reality with Fannie Mae and Freddie Mac. This is also what Mussolini called 'fascism':

"Fascism should more properly be called corporatism because it is the merger of state and corporate power." - Benito Mussolini.