I’ve pointed this out before, but here goes again. For a couple of generations now, the United States federal government has been moving us, slowly, toward Communism…yes, Communism, not Socialism. As Karl Marx pointed out, Socialism is merely a rest stop on the way to Communism. We’re past that.
In Marx’s Communist Manifesto, he delineates 10 steps towards full-blown Communism. The U.S. is now doing all 10, at least in part.
Step 5 says: “Centralization of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly.”
Today, the Senate approved a massive overhaul of Wall Street and private banking which includes government authority to dismantle financial organizations it deems “troublesome” and heavy regulations on all banking practices and firms.
You can read the “not-so-fair-and-balanced” report on Yahoo! News here.