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But how do you nationalize an entire industry?

If only the president's party controlled both houses of Congress, they could have passed a bill and he would have signed it. An hypothetical situation, when this was being discussed about 3 months ago...

No, I mean, how do you do it? Do you walk into the offices with the army and force them out? Take all their assets? You realize you'd probably have people funded by the railroads storming the capital? It'd be like a revolution.

You buy out the shareholders in a compulsory acquisition.

Fantasies about the army and revolutions are childish imagination run wild.

Hahaha for sure.

How did FDR buy up all the gold? Just pass a bill, no army needed. Isn't the USA a rule of law state?

Now, if the railroad bosses are willing to fight with the federal government, they are welcome to hire mercenaries. I hear Wagner wants cash.

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