Capitalism - Socialism - Communism

We have a mortgage crisis, and the Senate approved 25 billion dollars in loan guarantees for US automakers yesterday?

Automakers are forced by the government to make their cars more “energy efficient” and “environmentally friendly”. The cost to meet these government mandates soars, so the government steps in and guarantees loans to the automakers. (Sound familiar, as in “guaranteed mortgages”?)

Do people not see what is going on here? It is the socialization of America and the slow death of personal property and free enterprise.

Main Entry:
so•cial•ism
Pronunciation:
\ˈsō-shə-ˌli-zəm\
Function: noun
Date: 1837

1: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
2 a: a system of society or group living in which there is no private property b: a system or condition of society in which the means of production are owned and controlled by the state
3: a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done