During the run up to the election, I had a neighbor tell me that he didn’t want to hear claims that Barack Obama was a socialist. He thought such claims were forwarded by over zealous partisans.
He should have listened because now the US government owes a very large stake in “private” business. So far, the government has a majority stake in manufacturing and banking ( GM, Chrysler, AIG and Citigroup). These are industries that government policy has destroyed. It is only a matter of time before the Obama administration tackles private health insurance…another industry with government involvement. Judging for his vision of self grandeur, his support for a cap-and-tax policy and the rising cost of gas…it is only a matter of time before he destroys and takes over energy as well.
We should step back from the claim of socialism. Socialism is when the government owns the means of production. If we take the President at his word, he doesn’t want to run the car companies. He doesn’t want to be a banker. After all, he is a community organizer. He just wants to steer them in the “proper” direction. That’s fascism…not socialism.
Voters didn’t listen to the warnings that Obama was a left wing radical, and now we will all suffer the consequences.
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