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RE: No, Facebook is NOT “Private,” Their Censorship Arm is Government Funded

in #news • 6 years ago

We're still talking about the states correct and not some socialist country in Europe.

Nationalization is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or assets owned by lower levels of government, such as municipalities, being transferred to the state.

Show me one example where a company was FORCED to become State Operated.

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6 years ago in #news by
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     6 years ago (edited)

    you really should have googled that first. lol. we are not still talking about your shitty country because i wasnt talking about your POS country in the first place, i was just talking generally. you insular fucks make me laugh. you think the world is the usa. you know fuck all, you dont even know european countries are not generally socialist but your type of mindset doesnt care about facts, despite the fact your country would have probably imploded had it not been for the socialist policies of 1933-36 (new deal). try getting a passport, you need more experience of the world because you are stupid.

    from : https://en.wikipedia.org/wiki/List_of_nationalizations_by_country

    1917: Merck & Co. seized by the government during the war, later became a private company, separate from the original Merck Group operating outside of the US.
1917: All U.S. railroads were operated (but not owned) by the Railroad Administration during World War I as a wartime measure. Railroads were returned to private control in 1920.
1918: The U.S. telephone system was nationalized on July 31, 1918, and placed under control of the Post Office department. It was returned to private ownership on July 31, 1919.[70]
1939: Organization of the Tennessee Valley Authority entailed the nationalization of the Tennessee Electric Power Company.
1971: The National Railroad Passenger Corporation (Amtrak) is a government-owned corporation created in 1971 for the express purpose of relieving American railroads of their legal obligation to provide inter-city passenger rail service. The (primarily) freight railroads had petitioned to abandon passenger service repeatedly in the decades leading up to Amtrak's formation.
1976: The Consolidated Rail Corporation (Conrail) was created to take over the operations of six bankrupt rail lines operating primarily in the Northeast; Conrail was privatized in 1987. Initial plans for Conrail would have made it a truly nationalized system like that during World War I, but an alternate proposal by the Association of American Railroads won out.
1980s: Resolution Trust Corporation seized control of hundreds of failed Savings & Loans.
2001: In response to the September 11 attacks, the airport security industry was nationalized and put under the authority of the Transportation Security Administration.
2008: Some economists consider the government's takeover of the Federal Home Loan Mortgage Corporation and Federal National Mortgage Association to have been nationalization (or renationalization).[71][72] The conservatorship model used with Fannie Mae and Freddie Mac is looser and more temporary than nationalization.[73]
2009: Some economists consider the government's actions through the Troubled Asset Relief Program with regards to Citigroup to have been a partial nationalization.[74] Proposal was made that banks like Citigroup be brought under a conservatorship model similar to Fannie Mae and Freddie Mac, that some of their "good assets" be dropped into newly created "good bank" subsidiaries (presumably under new management), and the remaining "bad assets" be left to be managed under the supervision of a conservatorship structure.[73] The government's actions with regard to General Motors in replacing the CEO with a government-approved CEO is likewise being considered as nationalization.[75][76] On June 1, 2009, General Motors filed for bankruptcy, with the government investing up to $50 billion and taking 60% ownership in the company. President Barack Obama stated that the nationalization was temporary, saying, "We are acting as reluctant shareholders because that is the only way to help GM succeed"[77]

    i think you would rather give money with no return than nationalise something because you are stupid. your country subsidises the fuck out of everything and you still bleat on about the free market. if you think throwing away money to private business is better than nationalising something i cant help you. not that i want to, i wouldnt piss on you if you were on fire.

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