Socialism in reverse

It is rather ironic that the Republican party and John McCain would label Barak Obama a socialist. What is the irony?  When the government proposes to take over an ailing industry there is a term that can be applied: government socialism in it's classic form.  Now the supposed conservative Republican administration, behind the words of doom from Hank Paulson, is preaching that the Fed take over ailing banks.  The inability of the credit markets to solve their own problems has led to state socialism because only the huge taxpayer base has the resources to solve it.  Karl Marx to the Soviet Union to Henry Paulson.  What happened to private ownership and investing in the stock market and private health care so hailed by the conservative Republican Party? Gone. Collapsed. Now the Republican administration is hot for government takeover.  So first Bush says government takeover of Lehman Brothers would be a "moral hazard." Now Bush and Paulson would have the American taxpayer take on the bad debt of Goldman Sachs, Paulson's former employer from which he extracted a severence pay of, hold on, $700 million. McCain claims that Obama's financial outlook is socialist in nature, yet the present administration has undertaken the biggest socialist investment in the history of mankind...$700 billion worth.  Of course Bush and Paulson would never invoke the word "socialism" but indeed that is exactly what it is.

This is the same president who claimed that America would not become involved in nation building.  Little did Americans know that the nation he would not build is our own.  

How much worse off is every middle class American today that they were eight long years ago?

American unemployment has gone in reverse.  The value of the dollar has gone in reverse. Home values have gone in reverse.  Our reputation abroad has gone in reverse.  Thank you to everyone who voted for Bush in 2000 and repeated the mistake in 2004.  Hoepfully you will not make a third mistake because three strikes and you are out.

This is a form of socialism in reverse.  This moves money from the middle class to the rich.  

Nothing to FEAR but FEAR itself. And Bush.

Perhaps I am cynical, or maybe it's that some of us are smart enough to see through the FUD that Washington is throwing at us.  Fear. FEAR!  We have nothing to fear but fear itself.  Bush is saying that if we don't throw $700 billion at the bad money, that things will get worse.  Why?  Uh, dunno.  

And could it be, just maybe, that McCain pulling out of the debate could be a lead in to postponing the November election?  After all, we are in a crisis.  Or so they tell us.  We need to postpone the election until things calm down.  Right? Do you think this could never happen? Well, the last few years, at least since 9/11, have brought us to the brink of the destruction of the Bill of Rights.  After all, anyone entering or leaving the US is subject to search and seizure without due cause.  Check Article 4 of the Bill of Rights.  Prisoners declared terrorists by the US government can and are being held without access to representation and without charges.  Check the fifth amendment to the Bill of Rights.  Never thought that could happen but it has.  Never thought Lehman Brothers could go under. Never thought about Morgan Stanley.  Never thought government insiders like Rove could just ignore subpenas.  You try doing that...