Caixin
Oct 29, 2010 04:50 PM

Tuning into the Tea-Straining

"The U.S. is going the way of China. It's adopting state capitalism. The government will own the companies. You don't hear anyone call China a communist country do you?
They won't call this socialism either."

It's the Glen Beck radio show. Beck, a former entertainer, is one of America's most popular right wing pundits, a favorite of the anti-Washington Tea Party. Beck doesn't usually focus on China.

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