KT McFarland, former Deputy Asst. Secretart of Defense points out the eerie similarities of the current US economic situation and what happened in Britain in the 1950's. They chose to nationalize all the major industries, valuing jobs over stronger businesses competitive. It cost them dearly.
To see this short video, go here:
http://www.foxnews.com/video/index.html
Scroll down and under Opinion, select "DefCon3 by KT" and select the video titled "American Economy in Trouble."
I haven't found a way to link directly to the video... there are other KT McFarland videos on YouTube, but not the one above.
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