Is President Barack Obama a capitalist? The stock market would probably rally 1,000 points if he made a convincing prime-time speech making the case that he is a capitalist.John Bell, Letter to the Editor on the topic of “Obama, Socialism and the Fairness of Tax Deductions,” Wall Street Journal, 3/23/09.
In that speech, he could lay out why capitalism is a superior system, why freedom to make lots of money is vital to our nation's relative success, and how socialism gradually diminishes the standard of living. In so doing, Mr. Obama could provide a definition of capitalism for millions of Americans who have forgotten it, but who still happily opine to pollsters about the right course for our financial system.
A blog about Islamic intolerance and fanaticism; socialism; communism; government stupidity; and lying weasels everywhere, hopefully couched in vibrant and literate English and foreign words that make us look good.
March 24, 2009
Don’t hold your breath.
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