♦ The Bankruptcy of Socialism 5/9/2010

By Dr. D. James Kennedy
SOCIALISM / ECONOMICS / WELFARE
Though we have seen the greatest experiment in socialism in the history of the world in the former Soviet Union come to a disastrous end, bring utter disaster and bankruptcy to that nation, still there are many in our nation, including those in Washington DC, who are determined to lead us into total socialism. They use other names for it like “Welfare”, a “benevolent government”, but it’s the same thing. It hasn’t worked anywhere else, and it won’t work here, it’s a bankrupt system.