Without firing a shot, the socialists took over America today when Congress passed the $850 billion bailout package. Most Americans slept through it all and probably won’t realize what happened for years.

Backwoods Home Magazine will, ironically, benefit because Americans are going to have to be more self-reliant than ever. The magazine has just become the best buy in town when it comes to Americans spending their soon-to-be scarce dollars. I didn’t want to get rich this way, but I guess it doesn’t really matter. The all powerful Government will soon tax most of it away anyway and we’ll all be working for pennies.

But what the heck! Wall Street and the banks will be making money, right. At least for six months to a few years. With the Government’s new powers to control what we used to call capitalism, the politicians can float their friends on Wall Street for quite a while. The rest of us, unfortunately, will have to be hunkered down with back issues of BHM trying to figure out how to be more frugal with what money is left over for us.

It’s been fun being a free capitalist all these years. Too bad it had to all end today. Click here to subscribe to BHM so you can prepare for a grimmer future.

Here’s how members of the House of Representatives voted today to pass this nation-changing legislation.