Yes - even though that is not logical, the label "socialist" is used in most parts of the country to smear people who are true capitalists. The train of thoug

Yes - even though that is not logical, the label "socialist" is used in most parts of the country to smear people who are true capitalists. The train of thought on Fox News goes like this: banks are private business, if they go bankrupt, FDIC takes over deposits, FDIC is government, government is socialism - so if you allow banks to fail you are socialist.