Thus was the title of a London Telegraph article responding to England’s version of the bail out. The Los Angeles Times in an apt article asks the question If Barack Obama is socialist, what is George W. Bush? Dare we also ask: If Barack Obama is socialist, what is John McCain?
On Sunday, Fox News’ Chris Wallace asked McCain about whether he’s as much a socialist as the rest of us. Here’s their exchange.
WALLACE: But, Senator, you voted for the $700-billion bailout that’s being used partially to nationalize American banks. Isn’t that socialism?
MCCAIN: That is reacting to a crisis that’s due to greed and excess in Washington. And what this administration is doing wrong, and what Paulson is doing wrong, is not going out and buying up home loan mortgages, home mortgages, and giving people new mortgages at the new value of their home so they can stay in their home. They’re bailing out the banks. They’re bailing out these institutions.
Let me make sure I’m clear here – McCain is not a socialist because he wants not only government control of the financial institutions, he wants to go even farther and have government control of your homes and mortgages.
WALLACE: But you voted for that.
MCCAIN: Of course. It was a package that had to be enacted because the economy was about to go into the tank…. That’s the reason why we have governments, to help those who need help, who can’t help themselves, and when time of crisis to step in and do what’s necessary to preserve the lives and futures of innocent people. It wasn’t Main Street America that caused this. It was Washington and Wall Street.
Ok, and he is also not a socialist because he doesn’t believe in the power of the free market and personal responsibility, but believes we need Big Brother to be able to function. And he is certainly not a socialist because he thinks governments exist not to protect our liberties, but to protect us from ourselves, to step in and tell us what is best for us.
Silly Americans. Stalin wasn’t socialist, he was protecting frail, weak citizens from themselves.