Lemon Socialism
I've just heard this name and I'm already in love with it. What it means, as explained by David Boaz, president of the Cato Institute, is socializing or nationalizing lemon (read: loser) companies. He goes on in this inteview to talk about the auto bailout, a must watch:
David Boaz on "Lemon Socialism"
David Boaz on "Lemon Socialism"
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