Barack Obama is no socialicst (Okay, whatever.)

US News & World Report ^ | 10/28/208 | John Aloysius Farrell

[BuckeyeTexan]

We've been hearing some pretty hysterical things said by Barack Obama's critics about Obamanomics.

Socialist. Destroyer of wealth. Enemy of small business.

So, here's a primer on how Obama, if elected, will be "spreading the wealth around" in the next four years—and why he's far from a socialist radical.

And even, to a struggling but hopeful entrepreneur like myself (call me Jack the Writer), not cause for alarm.

Let's begin with some historical perspective. The United States responded to the last existential crisis faced by Americans—the triple-headed threat posed by Depression, Fascism, and Communism—by raising taxes and going into debt, big time, to pay for all those Sherman tanks and B-17 bombers and ICBMs we needed to defend ourselves. We paid down that debt, gleefully, with high income tax rates in the golden economic era, the Happy Days, that followed World War II.

But as the middle class grew larger in that time of postwar prosperity, more and more Americans crept into the top tax brackets that had, previously, been the exclusive domain of the filthy rich. John F. Kennedy and Lyndon Johnson cut income taxes, bringing the top rate down from its confiscatory wartime high of 94 percent to 70 percent.

[longtermmemmory]

Looks likethe MSM is running like bugs in daylight.

The british were not expecting any resistance either.

they were not counting on Paul Revere

reference links:

http://www.youtube.com/watch?v=iivL4c_3pck above link to obama's redistribution by USSC, and constitution needs to go interview

http://www.youtube.com/watch?v=I3IAjphhw6E
Obama and Wright: He Never Complained Once
The new Rev. Wright video from www.GOPtrust.com



VOLUNTEER PEOPLE!!!

TALK THE TALK!

The debate is OVER!
OBAMA IS A MARXIST!
Marxism is ANTI-AMERICAN!


Keep the mantra!
TAXES TAXES TAXES
Joe the Plubmer!

Learn it, Live it, LOVE IT!



WE NEED VOLUNTEERS.

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[longtermmemmory]

TODAY

LIVE ON FNC!

Obama said employers should BE FORCED to pay for the living expensises (or take care of) employees THEY HAVE FIRED!!!

Obama was espousing EURO-SOCIALISM laws and NOBODY IN THE MSM caught it.

[LiberConservative]

No, OsamaObama is not a socialist. He's worse. He's a Marxist.

[bitterohiogunclinger]

In addition to being incorrect on economic history, particularly in regards to Reagan, the author ignores the aspect of Obamas plan that makes it socialism.
First under Reagan, the top marginal tax rate on individual income was reduced from 70 percent to 28 percent. The corporate income tax rate was reduced from 48 percent to 34 percent. The individual tax brackets were indexed for inflation. And most of the poor were exempted from the individual income tax.
Second, Obamas plan is socialistic precisely because he intends to punitively tax one group and give the spoils to another group. Not reduce their taxes, give them a check.
Lastly, his socialism extends to government controlled health-care, government provided college education, and a host of other government entitlements.

[webschooner]

OK dweeb, he’s a friggin RACIST COMMUNIST!

Like that better?

[Lady GOP]

Socialism uses government power to redistribute wealth. In totalitarian countries such as USSR, China, Cuba, North Korea, etc., it has caused widespread shortages of basic goods and services. These Communist countries used an "Iron Curtain" to keep their citizens from emigrating. Although this acts as a drag on the economy, in democratic countries of the industrialized west, some socialist ideas have been put into practice with varying degrees of success.

http://www.conservapedia.com/Socialist