A socialist strives to nationalize industries. Obama has not nationalized banks, auto’s, etc. He has not even taken over Health insurance. Instead he has mandated every one to buy private insurance. Obama wants to control creators of wealth and redistribute wealth from those who create it to those who look for handouts. You really have to read the whole article to understand the difference. Under socialism the government actually owns and runs things such as under Nehru’s India the government owned and operated banks, railroads, steel making, aircraft manufacture, cement manufacture, telephone manufacture, commercial insurance etc.
Who says he doesn’t want to nationalize industries? He’s said in the past, long before his current job, that he saw the nationalization of healthcare as a two step process. We’re on step one. If things go his way in 5-10 years we’ll have the second step and healthcare will be transformed into an NHS style health system.
Just cause he knows how to be pragmatic doesn’t mean that his goals aren’t clear. I don’t get where the confusion comes in, his actions are in perfect accord with what he’s said in the past.
As US Takes Ownership of GM, A Key Question Is: Now What?
President Barack Obama couldn't let General Motors fail, but he won't concede he's taking over the company.
With a 60 percent equity stake in the carmaker and $50 billion in taxpayer money riding on GM’s success, the federal government isn't exactly a hands-off investor.
Right. obama fired the officers of the company and installed his commie buddies to run the company. Not nationalization? OK. I'll let you describe what obama did.
Yes, obama is not a socialist. He is a “right wing NAZI”.
Have it your way.