Maud Olofsson, Enterprise Minister of the socialist Kingdom of Sweden, announces that the government is not going to bail out the bankrupt automobile manufacturer Saab: “The Swedish state is not prepared to own car factories.”

       Question: Which nation is really more socialist, and which one is really more “laissez-faire.”  The one that allows a failing company to fail, or one that rewards failure?  Sweden or the United states?

       [added 10/24/2021] Thanks to Freedom’s Phoenix for this entry.

Subsequent Events:

4/15/2009                   4/30/2009

References:

Sweden Says No to Saving Saab – NYTimes.com
www.nytimes.com/2009/03/23/world/europe/23saab.html/?_r=2&hp

Current U.s. National Debt:

$36,167,124,467,492

Source