On the Drudge today they had an article discussing how the Ayers-Alinksy administration is not using the word ‘nationalization.’ In that article, the following statement regarding the continued nationalization (ie, the auto industry) is made:
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It all sounds perilously close to a word that no one in Obama’s camp wants to be caught uttering: nationalization.
Not since Harry Truman seized America’s steel mills in 1952 rather than allow a strike to imperil the conduct of the Korean War has Washington toyed with nationalization, or its functional equivalent, on this kind of scale. Obama may be thinking what Truman told his