So giving out a loan to a corporation is socialism............. So you are saying that Kodak is now run by the US Government.
Does loan now mean that the taxpayer owns Kodak........ Are loan and bought or take over inter changeable words or phases now?
so·cial·ism
/ˈsōSHəˌlizəm/
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noun
- a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
Perhaps you should look at Boeing, and the rest of the airline industry. "Loans" - yet loans which dictate how the company operates to some extent, and all funded by the taxpayers.
Kodak, Boeing, American....the Savings & Loans - all the same BS. Welfare is welfare, whether it's for me or for a company.
This whole printing more money and handing it out is not going to make us any stronger.