decodelighted
Super_Ideal_Rock
- Joined
- Jul 27, 2005
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- 11,534
From CNN''s front page ...
''Lately, [McCain] and Governor Palin have actually accused me of -- get this -- socialism,'' Obama said. ,''It''s kind of hard to figure how Warren Buffett endorsed me, Colin Powell endorsed me, and John McCain thinks I''m socialist.''
Obama said he simply wants to give the middle class a tax cut.
Powell came to Obama''s defense after endorsing the senator from Illinois.
Powell said he had grown tired of McCain''s negative campaigning and that the American people would prefer to focus on issues like education, infrastructure and the economy. He specifically slammed Palin''s allegation that Obama''s tax plan is socialist, calling it misleading.
"Taxes are always a redistribution of money. Most of the taxes that are redistributed go back to those who pay them -- in roads and airports and hospitals and schools," President Bush''s former secretary of state said. "And taxes are necessary for the common good, and there''s nothing wrong with examining what our tax structure is or who should be paying more, who should be paying less.
"For us to say that makes you a socialist, I think, is an unfortunate characterization that isn''t accurate."
While not endorsing either candidate, political analyst Larry Sabato pointed to what he said was a flaw in the Palin assertion: the recent approval of a $700 billion bailout which, in part, will pump billions of dollars into failing banks.
"The fly in the ointment for this socialism argument is the recent bank bailout. That''s probably the most egregious example of socialism in American history," said Sabato, who heads the University of Virginia''s nonpartisan Center for Politics.
Source
''Lately, [McCain] and Governor Palin have actually accused me of -- get this -- socialism,'' Obama said. ,''It''s kind of hard to figure how Warren Buffett endorsed me, Colin Powell endorsed me, and John McCain thinks I''m socialist.''
Obama said he simply wants to give the middle class a tax cut.
Powell came to Obama''s defense after endorsing the senator from Illinois.
Powell said he had grown tired of McCain''s negative campaigning and that the American people would prefer to focus on issues like education, infrastructure and the economy. He specifically slammed Palin''s allegation that Obama''s tax plan is socialist, calling it misleading.
"Taxes are always a redistribution of money. Most of the taxes that are redistributed go back to those who pay them -- in roads and airports and hospitals and schools," President Bush''s former secretary of state said. "And taxes are necessary for the common good, and there''s nothing wrong with examining what our tax structure is or who should be paying more, who should be paying less.
"For us to say that makes you a socialist, I think, is an unfortunate characterization that isn''t accurate."
While not endorsing either candidate, political analyst Larry Sabato pointed to what he said was a flaw in the Palin assertion: the recent approval of a $700 billion bailout which, in part, will pump billions of dollars into failing banks.
"The fly in the ointment for this socialism argument is the recent bank bailout. That''s probably the most egregious example of socialism in American history," said Sabato, who heads the University of Virginia''s nonpartisan Center for Politics.
Source
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