The Socialism of Obama-nomics

From FoxNews:

Obama to Plumber: My Plan Will 'Spread the Wealth Around'

Barack Obama told a tax-burdened plumber over the weekend that his economic philosophy is to "spread the wealth around" -- a comment that may only draw fire from riled-up John McCain supporters who have taken to calling Obama a "socialist" at the Republican's rallies.

Obama made the remark, caught on camera, after fielding some tough questions from the plumber Sunday in Ohio, where the Democratic candidate canvassed neighborhoods and encouraged residents to vote early.

"Your new tax plan is going to tax me more, isn't it?" the plumber asked, complaining that he was being taxed "more and more for fulfilling the American dream."

"It's not that I want to punish your success. I just want to make sure that everybody who is behind you, that they've got a chance for success too," Obama responded. "My attitude is that if the economy's good for folks from the bottom up, it's gonna be good for everybody ... I think when you spread the wealth around, it's good for everybody."

Obama's remarks drew fresh criticism on the blogosphere that the Illinois senator favors a breed of wealth redistribution -- as well as a rebuke from the McCain campaign.

"If Barack Obama's goal as President is to 'spread the wealth around,' perhaps his unconditional meetings with Hugo Chavez, Raul Castro, and Kim Jong-Il aren't so crazy -- if nothing else they can advise an Obama administration on economic policy," McCain spokesman Michael Goldfarb said in a written statement to FOXNews.com. "In contrast, John McCain's goal as president will be to let the American people prosper unburdened by government and ever higher taxes."

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Lately we've heard quite a few liberal pundits accuse Republicans and conservatives in general of falsely accusing Obama and Dem leaders Pelosi and Reed of pushing a socialist agenda. Their clamoring for fairness arose from a n angry comment by a McCain town hall attendee who expressed his anger at whom he, not John McCain, called socialists, referring to Obama, Pelosi, and Reed, and the Dem controlled Congress in general. Good for that ballsy gentleman, who expressed anger at what so many of us feel is a wrong step toward financial recovery that is this bailout plan, albeit pushed by a Republican president, and the other $150 billion in handout money Pelosi wants us to be further indebted to.

Why shouldn't ordinary Americans think that Obam, Pelosi, and Reed are pushing a socialist agenda? Many liberals, far left and to the center, think that wealth redistribution is a great idea, that it would help prop up so many millions of Americans who are down on their financial luck, never mind you that in order for this wealth redistribution to work it would burden the backs of so many of us, who through hard work, good and bad luck, have made choices that allow us to enjoy some prosperity. I ask, why don't these liberals - rather numerous in number - open up their own pocket books and redistribute their own wealth if they choose to?

Why are we as a nation afraid to admit the fact that we have a presidential candidate, who by his own admission would like to "spread wealth around," holds fast to Socialist ideals? Let's see what we have in Obama: firstly, there's his association with Bill Ayers who, terrorist or not, espouses Marxist ideals; secondly, Obama has worked with the quasi-socialist organization ACORN; thirdly, has proposed a tax plan that offers 95% of Americans a tax refund, 45% of whom do not even pay taxes; fourthly, admits to the public at one of his rallies that he is for wealth redistribution; and finally, promises to involve these community organizing committees in policy decisions, akin to action committees so familiar during labor and communist movements.

I am certain his campaign will try to spin Obama's latest blunder. After all the rhetoric of his campaign, there is finally proof, from his own admission, of what an Obama presidency would entail. There are plenty of people in the US who think that socialism is far better than a market economy. Yet, there is a reason why socialism wasn't fully embraced by the American people. Sure, we have experimented in the past, especially during the Great Depression, but Americans rejected socialism as ineffective for the economy, unfair and unequal in social matters, and restrictive of the very freedoms that have made us the envy of the world.

Our financial markets, and all investors in general, should fear an Obama presidency, especially when Congress is poised to win Dem majorities to defeat any Republican filibustering. Liberals and Dems say we conservatives and Republicans are fear mongers, racists, divisive, and just plain ignorant, because we cling to guns, religion, and the same politicians who do not care for change. I would rather enjoy the misery of an economic depression rather than lose my self respect, my faith, and my freedom. Woe to those sheep who readily go to the wolves!