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 Originally Posted by Renton
The communism rhetoric really does just seem like libertarian hyperbole for "the government is controlling something".
OK you're right. When the government coerces insurance companies into charging obscenely unprofitable rates to its customers, that's not communism yet, its socialism. When said insurance companies go bankrupt because of this and the government bails them out and owns them, then that will be communism.
Similarly when the government sets price controls on interest rates and the housing markets bubble and crash because of this, and the government is forced to bail out and outright buy Fannie Mae and Freddie Mac, it goes from socialism to communism again.
So yeah I guess it is hyperbolic but the point here is that it all starts with price controls. Or unreasonable regulations that in effect act as price controls. Socialism or communism, these are the root problems.
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