
John McCain and his running mate like to rally their supporters by calling Barack Obama's plans to repeal Bush's tax cuts to people making over a million dollars a year, socialist policy because that would mean 'redistributing wealth'. By redistributing wealth, McCain means providing tax dollars to pay for things like schools and roads and police departments.
If rescinding the tax cuts to the wealthy is socialist, then by definition, John McCain is more of a socialist than Barack Obama. John McCain wants the government to buy bad mortgages from homeowners which means the rest of us taxpayers would be paying for other peoples' mortgages. And that my friends, is socialism.
Believe me, I feel terrible for the people who are losing their homes due to predatory lending. Why were the predatory lenders able to fool ordinary Americans into getting loans they couldn't afford? Because John McCain and others in his party voted for deregulation for banks and Wall Street, giving them free reign to do whatever they wanted, including practicing predatory lending to hard working Americans. Our leaders in government have already deemed it wise to bail out Wall Street and that, my friends, is socialism.
The truth of the matter is that even though our country is a capitalist country, we are not purely capitalist and never should be. Our police departments, schools, roads and infrastructure are all paid by tax dollars. The luxury of having roads to travel across the nation, have rubbish picked up, the ability to send our children to school and call 911 during an emergency are all socialist programs that most people wouldn't want to do without.
Our leaders in Washington have convinced us that it's necessary to bail out Wall Street the tune of $700 billion dollars (not counting the bonuses for CEOS that will rack up more millions and other goodies) and that too is socialist. Now John McCain wants to take our government further into socialism by bailing out the homeowners who received the loans from predatory banks. If Barack Obama is socialist, John McCain is more socialist with his proposal to buy up bad mortgages.
That McCain keeps calling Obama socialist is just more evidence that McCain can't win the election on issues. He figures if he just calls his opponent names that he thinks will scare people enough, he can win. America should be afraid of John McCain, a man who can't contain his temper, picked Sarah Palin for his running mate when there were some great people to choose from, is a proponent of deregulation which led to the financial crisis we are in, changes his mind every few weeks, voted with George Bush 90% of the time, wants to stay in Iraq for a hundred years, has said he would like to name Meg Whitman for his Secretary of the Treasury (ebay sellers know who she is) and to top it all off, is 72 years old and has had cancer.