“Socialism” seems to be the great new buzzword in describing Obama. I tend to agree with that ascertain. The Obama supporters however like to turn the question around and ask whether the current bailout package is socialism as well.
While they fail to answer the original question, the rebuttal is actually an intelligent question. My take on it is, well, yes. I am completely against this package and was from the beginning.
HOWEVER…
What truly scares me is not the government taking control of banks and such, but what will happen to them if Washington becomes completely controlled by democrats. The republicans by nature are for free markets and the democrats are not. Now, if the dems take control of congress and the white house, imagine what they will do with this remarkable gift that the current administration has given them.
Remember, the democrats originally wanted to have union members on the boards of companies that the government helped out. Wow, that alone would be devastating. Thankfully that got knocked down. For now.
I can see Pelosi, Franks, Dodd and perhaps Obama just foaming at the mouth about taking control over the economy in ways they could only dream about. And they have Bush to thank for it. Oh, the irony of it all.
If we are lucky, McCain will get the white house but that doesn’t mean that the dems won’t still control congress and try to take further control of the private sector. At the moment anyway the Treasury Secretary largely controls that 700 billion. Let us hope it stays that way.
Further Reading
Tags: democrats, mccain, obama, republicans
October 29th, 2008 at 7:04 pm
[...] The Obama supporters however like to turn the question around and ask whether the current bailout package is socialism as well. While they fail to answer the original question, the rebuttal is actually an intelligent question. …[Continue Reading] [...]
November 4th, 2008 at 9:28 am
[...] I can see Pelosi , Franks, Dodd and perhaps Obama just foaming at the mouth about taking control over the economy in ways they could only dream about. And they have Bush to thank for it. Oh, the irony of it all. …[Continue Reading] [...]
November 5th, 2008 at 8:32 am
[...] The Obama supporters however like to turn the question around and ask whether the current bailout package is socialism as well. While they fail to answer the original question, the rebuttal is actually an intelligent question. …[Continue Reading] [...]