Friday, April 23, 2010

Jonah Goldberg: What Kind of Socialist Is Barack Obama?

Seriously, can it be denied? I know it is not "acceptable" to use the term, but is it deniable? -- look it up.
Jonah Goldberg at Commentary Magazine WRITES:
Fourteen months into his presidency, in March 2010, Obama succeeded in muscling through Congress a partial government takeover of the national health-care system. That legislative accomplishment followed Obama’s decision a year earlier, without congressional approval, to nationalize two of the country’s Big Three automobile companies. In the intervening months, he had also imposed specific wage ceilings on employees at banks that had taken federal bailout money—the first such federal wage controls since an ill-fated experiment by Richard Nixon in 1971. Obama also made the federal government the direct provider of student loans, and did so by putting that significant change in American policy inside the larger health-care bill. In a September 2009 press conference, Obama suggested that a publicly funded health-care system might help “avoid some of the overhead that gets eaten up at private companies by profits and excessive administrative costs”—thus mistaking the act of making money, the foundational cornerstone of capitalism itself, with the generation of unnecessary expenses.

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