Let me ask you something.
Are we turning into a former soviet Union, that doesn't exist?
Are we becoming a communist state where bankrupt government bails out farms and factories that can not sustain themselves?
Think about it.
Meantime, here is the story.
American Express Co. which is being hit by slowing consumer spending and rising defaults, is seeking roughly $3.5 billion in taxpayer-funded capital from the federal government, according to people familiar with the situation.
The card issuer is the latest company not directly hit by the housing crisis to request cash from the federal government. While retailers, car companies and others hit by the slowdown in consumer spending haven't gotten the government money, financial firms of all kinds are getting federal bailouts.