Has socialism already failed in Anerica

[Celticguy]

Hello Celticguy,



"Isn’t this a clear example in recent memory that affected us all of socialism’s promise of paradise but instead delivered socialism’s disastrous reality?"

No. It is a contrived example of it which does not look at capitalism's roll. Government did not tell Wall Street to create 'credit default swaps' to package these risky loans as ultra low risk investments.

This is just another repackaging of the old myth that Wall Street bears no blame in The Great Recession. It is an attempt to rewrite history.

Yes, it did. You write regulation such that they have choice but to find a means.