SOCIALISM ON THE MARCH!!!

It's funny how our largest and most influential businesses have decided that socialism isn't so bad after all. When will the conservatives start calling them Communists?

American Express to Become Bank Holding Company
November 10, 2008, 7:05 pm
NY Times

The Federal Reserve on Monday evening granted a request by American Express to become a bank holding company, giving it access to low-cost financing from the Fed.


GE Wins FDIC Insurance for Up to $139 Billion in Debt (Update2)
By Rachel Layne and Rebecca Christie

Nov. 12 (Bloomberg) -- General Electric Co. said the U.S. government agreed to insure as much as $139 billion in debt for lending arm GE Capital Corp., the second time in a month it has turned to a federal program designed to help companies during a global credit crunch.