FreeCapitalist Daily, by Rick Koerber (Capitalist views on Capitalism)» socialist

RNC Speaking Out Against Socialism? Wow.

FCD Administrator — Tue, 30 Dec 2008 15:43:24 +0000

By Ralph Z. Hallow (Washington Times) |In what would amount to a slap in the face to a sitting Republican president and the party’s Senate and House leaders, national GOP officials, including the vice chairman of the Republican National Committee, are sponsoring a resolution opposing the resort to “socialist” means to save capitalism.

“We can’t be a party of small government, free markets and low taxes while supporting bailouts and nationalizing industries, which lead to big government, socialism and high taxes at the expense of individual liberty and freedoms,” said Solomon Yue, a cosponsor of a resolution that would put the RNC — the party’s national governing body <<<Read the Full Story>>>

Spreading the Wealth Around

Stephen Anderson — Sat, 15 Nov 2008 22:37:25 +0000

By J. Kenneth Blackwell – New York Post | THANKS to Joe the Plumber, we now know for sure that Barack Obama wants to “spread the wealth around.” But the Democratic candidate still hasn’t come clean on just how much of a European-style socialist he is.

Look at the “tax cut” he says he’ll give to 95 percent of Americans. In fact, this is simply a government check he’d hand out – including to millions who don’t pay income taxes, since each year 38 percent of Americans already get a full refund.

In other words, his “rebate” is a welfare plan, plain and simple.

When called on this, Obama’s answer is that those 38 percent still pay payroll taxes, so he’s rebating part of those payments. But that actually puts him deeper into the socialist hole. Here’s why.

Payroll taxes go to fund Social Security and Medicare – the main US social-insurance programs. The taxes are dedicated because these are insurance programs – you’re paying so that you’ll be covered when you hit retirement age.

But, down the line, these programs face a financial crisis even worse than>>>>Read the Full Article

Obama Addresses Voter Who Called Him “Socialist”

Stephen Anderson — Mon, 03 Nov 2008 22:41:27 +0000

By Maria Gavrilovic – Fayetteville, N.C. (CBS) | John McCain’s charges that Barack Obama is socialist may be resonating with some voters.

At a BBQ stop this afternoon, Obama received an unwelcome greeting from one woman who yelled “socialist, socialist, socialist – get out of here!” as he met with other customers.

The woman, Diane Fanning, who works at Sam’s Club, then asked the Democratic nominee about the North American Union, which he opposes.

“I know some people have been hearing rumors about it. But as far as I can tell that’s just not something that’s happening. We would never give up our sovereignty in that way. Any other questions?” Obama asked Fanning.

She reluctantly responded, “No, I’m not going to say it.”

At a rally after the stop, Obama brought up McCain’s accusations that his tax plan is a form of socialism and dismissed it as a political attack.

“He has been attacking the heck out of me,” Obama said, “Lately, he and Governor Palin actually accused me of socialism. Socialism. It’s kind of hard to figure how Warren Buffet endorsed me, Colin Powell endorsed me and John McCain thinks I’m practicing socialism.”

He accused McCain of wanting to cut taxes for Fortune 500 CEOs, “who’ve been making out like bandits, adding, “John McCain thinks>>>>Read the Full Article