Quote:
Originally Posted by djplong
So the fact that the government is selling it's stake in Citicorp and GM is preparing for an IPO, which will allow the government to sell THAT stake means nothing to you?
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Not really. The acquisition of these businesses were a travesty in the first place and the beginnings of the "slippery slope". Once the populace get used to the idea, when delivered in small palatable doses of the government takeover of private businesses, it will become easier and easier for the government to escalate this practice into outright seizure of private businesses.
Far-fetched? I bet there were a lot of people in Brazil who thought so once.