Sunday, March 22, 2009

Assignment #8 M. Thrift

The article was written by Harold Meyerson and appeared in The Wahington Post.The article is written to pretty much everyone,specifically those who wonder if America is becoming a socialist country.Meyerson explains what true socialism is and says that it is impossible to find a leftist group anywhere that would agree with true socialism.

Meyerson goes on to say that deregulated capitalism has "blown itself up" and has played a role in the collapse of economies,the downfall of the U.S. automotive industry,and widespread unemployment,just to name a few things.He tells us that it wasn't any one specific person's fault in this mess,but the system itself that is ruining America.