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Obama a socialist? I wish!

Mathew Rothschild - I got an e-mail from a group called 21st Century Democrats, bemoaning the fact that a recent poll shows that 55% of likely voters said that the word "socialist" describes Obama and his policies.

The 21st Century Democrats said, "You and I know [that] is not the case."

I only wish it were!

I wish Obama had pressed for single-payer national health care.

I wish Obama had nationalized Citicorp and Bank of America, rather than bail them out.

I wish he would have favored breaking up the rest of the big banks so they couldn't destroy our economy.

I wish he would have forced any banks taking federal bailout money to freeze foreclosures for at least a year and freeze interest rates on mortgages and credit cards.

I wish Obama would have proposed redistributing income from the wealthy to those who really need it by raising the marginal income tax, and the capital gains tax, and the estate tax.

No decent socialist would have implemented policies that have left unemployment at over 9 percent and foreclosures at record heights.

No decent socialist would have let the banks get off so easily.

No decent socialist would have been caught dead praising the CEOs of Goldman Sachs and JP Morgan Chase and justifying their obscene salaries the way Obama did. ("I know both those guys; they are very savvy businessmen. I, like most of the American people, don't begrudge people success or wealth. That is part of the free-market system.")

No decent socialist would have left the health insurance industries in the driver's seat. Read more.

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