To know Obama, it’s similar. You have to read the speeches and look over the budgets.
For the past year, they’ve told the same story. No, the real Obama is not a pragmatist or a frustrated moderate or a well-intentioned but weak politician forced by political circumstances to take positions he’d rather not. Only sympathizers, notably media types, believe any of those notions.
The truth is not hidden. One merely has to digest the new budget Obama unveiled last week, his budget last year, and his four major speeches since last April, and the real Obama comes into focus. He turns out to be a left-wing progressive who rejects many of the mainstream political and economic ideas of post-World War II America.

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He turns out to be a left-wing progressive who rejects many of the mainstream political and economic ideas of post-World War II America.
This is not an entirely new take on Obama. Others have identified him as such, Stanley Kurtz in particular. What's new is that Obama has been so revealing in his own words.
Apparently, whoever wrote this is willfully ignoring the spending by repubilcan presidents for at least the past 30 years...
- 5 votes
SuperS @ 2
I'm not going to disagree with that. The Bushes, Father and Son, were big spenders. But, in fairness, they did not advocate the destruction of capitalism.
mymymy
SuperS @ 2
I'm not going to disagree with that. The Bushes, Father and Son, were big spenders. But, in fairness, they did not advocate the destruction of capitalism.
You want to provide a link where Obama states he wants to do away with capitalism? Remember, the new healthcare law is a major giveaway to capitalism, it requires people to purchase private insurance.
- 3 votes
You want to provide a link where Obama states he wants to do away with capitalism?
Cue the link of him talking to Joe the Plumber as evidence he's a socialist.
Do away with capitalism. Congrats that's the dumbest thing I've heard all day.
- 1 vote
The Bushes did not advocate the destruction of capitalism but did promote the greed and corruption in American business. Birds of a feather like Ken Lay who the Bushes helped while the rolling blackouts occurred ignoring requests from Governor Brown to stop Enron from their games which was causing untold harm to the state.
- 2 votes
Becks,
The excesses of capitalism are worrisome, but not enough to scrap a system that has brought more prosperity to more people than any other economic system in history.
Curb the excesses. I am for a 1 cent tax on stock transactions, it would help take a lot of the volatility out of the stock market and actually punish the people who create that volatility. I am not for the global version of this - which is nothing more than another transfer of wealth - mainly out of the U. S. However, this has possibilities.
Capitalism can be as bad as socialism, communism and a few other isms. Going back to the great depression we learned that capitalism needed regulation. Like a pendulum it swung too far to the left and now has gone to far to the right. We threw the baby out with the bath water unfettering greed and corruption. This has led us to our current financial problems much like the ones that caused the great depression, a repeat of history. Until we prosecute the thieves in banking and wall street we are at risk of it happening again.
A review of post World war II taxes reveals the 1% had a much heavier tax burden that today and the proceeds were spent on infrastructure creating a massive expansion of the middle class.
- 3 votes
Becks,
The main problem with socialism is that there is no incentive for anyone to work hard or to take risks. I remember hearing a comment in a BBC show about Brits working hard and taking a risk to achieve success. The other person said, no that would be the Americans. Entrepreneurship in Europe.
- 1 vote
That's true, becks, especially considering the tax rate of "the rich" under President Eishenhower...
- 3 votes
I'm for sensibly regulation of capitalism and fair taxation. We need to close the loopholes and have the 1% pay the same rate as the rest of us. Toss in an end to corporate subsidies and prosecution of criminals in the financial industry and wall street who steal from the middle class or anybody for that matter. Then we would be back to growing this country for all of its citizens.
- 2 votes
Becks72 @ #5
Gee, I can't disagree with any of that. I feel a little faint:)
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