John Barnard wrote:
dave wrote:
~ RHF wrote:
On Mar 17, 1:27 pm, dave wrote:
Charlie wrote:
Alric Knebel
Obama is the man in office now so the buck stops with him. You sadly
are brainwashed by the leftist rhetoric that you absorb on a daily
basis. That's my opinion and I could be wrong but it's how I view
it. Many on the left embrace that ideology because of being
brainwashed that only liberals have compassion. How sad.

- Quick, name 5 liberals.

Clinton & Clinton, Carter, Frank, Dodd, Kennedy, Pelosi,
Reid, Biden Obama there are 10 Liberals. [Double or Nothing]
.
Neither Clinton is a Liberal. Jimmy Carter wasn't either. Harry Reid
is not even close.

That being said, I said "quick" and I said it last Tuesday.


But Ronald Reagan was one hell of a socialist!

http://www.truthout.org/032009R

JB


Everywhere there's lots of piggies...

" The retirement system was looted from the first day the Social
Security surplus came into being, because the legislation itself gave
the president a free hand to spend the surplus in any way he liked. Thus
began a massive transfer of wealth from the poor and the middle class,
especially the self-employed small businessman, to the wealthy. The
self-employment tax jumped as much as 66 percent.

In 1986, Reagan slashed the top tax rate further. His
redistributionist obsession led to a perversity in the law. The
wealthiest faced a 28 percent tax rate, while those with lower incomes
faced a 33 percent rate; in addition, the bottom rate climbed from 11
percent to 15 percent. For the first time in history, the top rate fell
and the bottom rate rose simultaneously. Even unemployment compensation
was not spared. The jobless had to pay income tax on their benefits. A
year later, the man who would not spare unemployment compensation from
taxation called for a cut in the capital gains tax. Thus, Reagan was a
staunch socialist, totally committed to his cause of wealth
redistribution towards the affluent.

How much wealth transfer has occurred through Reagan's policies? At
least $3 trillion.

The Social Security hike generated over $2 trillion in surplus
between 1984 and 2007, and if it had been properly invested, say, in AAA
corporate bonds it could have earned another trillion by now. At
present, the fund is empty, because it has been used up to finance the
federal deficits resulting from frequent cuts in income tax rates. If
this is not redistribution of wealth from the poor to the rich, what
else is?

Thus, Reagan was the first Republican socialist - and a great one,
because his wealth transfer occurred on a massive scale. His
accomplishment dwarfs even FDR's, and if today the small businessman
suffers a crippling tax burden, he must thank Reagan the
redistributionist. However, FDR took pains to help the poor, while
Reagan took pains to help the wealthiest like himself.

Reagan's measures were similar to those that the Republicans
adopted during the 1920's, which were followed by the catastrophic
Depression. More recently, such policies were mimicked by President
George W. Bush and they are about to plunge the world into a depression
as well. Ironically, the Reagan-style socialism or wealth redistribution
is about to destroy monopoly capitalism, the very system that he wanted
to preserve and enrich."
-Ravi Batra comments that if Democratic President Barack Obama is a
"small" socialist, then Reagan was the "Great American Socialist."