Republicans are people who oppose socialism, unionism, taxes, big government, spending on social programs, regulations on corporations, and are for free markets and reliance on competitive capitalism. Democrats are people who are for socialism, want big government, want regulation of corporations, are pro-union, and are opposed to free markets and competitive capitalism. We’ve heard those definitions supplied by Republicans for a long time. One, the definition is too simplistic and, arguably, untrue. Turns out the new breed of Republicans, the ones who control things now, don’t really mean it, anyway. (Just look at how big government has become under Republican domination of the White House and Congress for more than a decade. The national debt is heading way past $10 trillion.) It’s a con. What they do believe in is socialism for the wealthy and capitalism for the middle class.
Now that the financial world is collapsing because of deregulation and reckless lending practices that made a few people very rich and are now placing the nation on the brink of another Great Depression, this new breed of Republican is for socialism. No, not socialized medicine, or any socialism that would aid the middle class, but socialism for their financial losses. The free market is a wonderful thing as long as it is working for them, but when it stops, they are quite willing for the American taxpayer to cover their losses. This is the socialism that America now faces.
It’s a socialism that works very well for them, and they get the added benefit of knowing if the country spends more than $700 bailing them out, there won’t be any money available for shoring up Social Security and initiating universal healthcare.
They will try to make this presidential election about anything but the critical issues facing the American people right now. But, this time, it appears they are not going to get away with it. The American people are thinking about their financial survival now, not lipstick on a pit bull, or a pig.
http://politicalthinker.wordpress.com/2008/09/22/socialism-for-the-rich/