Random Thoughts: Socialist America

• nationalized banking mortgage and auto-making industries
• absence of a robust private sector (or atleast private confidence in business)- economic patriotism
  
• applying the system of paternalism (is the interference of a state or an individual with another person, against their will, and justified by a claim that the person interfered with will be better off or protected from harm. The issue of paternalism arises with respect to restrictions by the law such as anti-drug legislation, the compulsory wearing of seatbelts, and in medical contexts by the withholding of relevant information concerning a patient's condition by physicians. At the theoretical level it raises questions of how person's should be treated when they are less than fully rational.)
• "more centralized, redistributed health care system.."
• adaptation of European style of statism (describe institutions and political practices in which executive authority gathers increasing levels and varieties of power into its hands.)
• the use of bail-outs, protectionism (the advocacy, system, or theory of protecting domestic producers by impeding or limiting, as by tariffs or quotas, the importation of foreign goods and services.), bank nationalization and nearly $1 trillion stimulus package in 'trying' to solve the crisis.