China vs. United States

China is a socialist country but is embrassing capitalism and is become more and more of a capitalist country. United states is a capitalist country that is becoming more and more of a socialist country. Soon we could be like China in the balance of Socailism and cpaitalism. This statement was made by a friend and when he first said it I thought he was crazy but the more the United States takes over business (Freddie Mac, Fannie Mae, Bear Sterns, and AIG) and then our government pushes for more social programs (welfare, and universal health care) it might be a true statement.