"Liberalism built its political order on private property, consecrating it as a natural right, while Communism emerged as liberalism's political rival and historic arch-enemy." Thus it is that land ownership is a defining factor in systems of governance. The socialization of property in 20th century communist regimes such as Soviet Union, China, and Cuba was fundamental in their transition to authoritarianism.

In March, Yahoo was the first to report about the merging of the Federal Reserve and The US Treasury. "The Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing. The Fed hired BlackRock Inc.