Nationalization Is NOT "Modern"

The news here is not that Obama and French Socialists are indistinguishable, it's that French Socialists are historically illiterate.  Nationalization of industry is not a modern technique, it's an age-old technique.  A technique that has been proven time and again to destroy companies, industries and economies.  General Motors may be alive, ala Joe Biden, but it's a farce, a zombie of a company.