Socialism Revisited

I know I posted about this a few days ago, but I’ve heard so many people wrongly describe Obama as a socialist with no actual knowledge about what socialism is that I felt it important to revisit the issue.
Let’s be clear: The tax policy that Obama proposes is NOT socialism. Socialism is defined as government [...]

Socialism…really?

Wikipedia defines socialism as “a broad set of economic theories of social organization advocating state or collective ownership and administration of the means of production and distribution of goods.” Given this, will someone please explain to me how Obama’s tax policy makes him a socialist?
Obama is proposing to return the highest tax bracket from 36% [...]

It’s the Ownership Society, stupid!

It took me 9 years to save up a deposit for the house I now own. So, I don’t think I will qualify for John McCain’s mortgage buyout. Pity, really, as I would rather like McCain to pay off my mortgage and refinance it for me at today’s rates. I reckon [...]

Who you gonna call?

I was disappointed, though not surprised, that neither Obama or McCain would answer Jim Lehrer’s question on how they would pay for the $700 billion financial rescue package. It’s a hard question to ask during a political campaign, which is all the more reason why we wanted to hear an answer.
In response, though, [...]

Deliberation or debate?

It’s your money, rescuing others. So. Do you understand what your money is being used for? I’m not sure I do. I’m not sure I know who does.
Maybe the Masters of the Universe? You know, the oh-so-smarter-than-you investment bankers. They’re certainly paid more [...]

Obama is the true leader this week

McCain showed himself this week to once again not have the judgment to be our president. He announced Wednesday that he was suspending his campaign and going to Washington to help bring a bipartisan solution to the Congressional negotiations. (Of course, his campaign really wasn’t suspended as everyone else on his campaign was still campaigning [...]