Industry Minister Arnaud Montebourg, a member of the governing Socialist party in France, has this to say: “Barack Obama’s nationalized… It’s a very good sign to send out (to investors). Nationalizing is a very modern step to take.”
Nationalization is modern?
Kim Il-Sung, tyrant of North Korea, nationalized industries when he came to power in 1948:
In his spare time (while he wasn’t out killing millions of civilians) during the early 1950s, Mao Zedong nationalized Chinese industries:
Obama’s idea to “nationalize” is NOT “modern,” nor is it original.