Somewhere Woodrow Wilson is smiling

It's a fascist's dream: nationalizing key industries, such as, oh, I don't know, maybe the largest home loan mortgage institutions in the nation.

Today the federal government officially took control of the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae).

Woodrow Wilson and Benito Mussolini would be SO proud!

The blathering heads, the Bush Administration, and the lapdog media can spin this any way they want, but what happened here is no different from any of the State ownership takeovers engineered by Britain's Labor governments of the 1970's. And it will be just as successful (/sarcasm).

Government, much like Daniel Snyder, has a reverse-Midas touch. Everything they touch turns not to gold, but to excrement.

This is a dark day in the history of our dying Republic. A dark day indeed.