“How is Barack Obama a socialist? As far as I can see, the majority of the billions of dollars he's given, he's given to banks. So if he's a socialist, he's dyslexic.”
—Jon Stewart during his Fox Bill O'Reilly appearance.
A Personal Blog
by Michael Froomkin
Laurie Silvers & Mitchell Rubenstein Distinguished Professor of Law
University of Miami School of Law
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Thank you. This sums up the whole ‘socialism’ debate in easy to understand sound bite. The only way Americans can digest news is in 20 seconds or 160 characters. I kind of wish Obama had used this quote during the SOU address.
Stewart makes a good case except for the nationalization of the mortgage industry (the FHA is underwriting nearly all new home loans now), the nationalization of the auto industry, and the attempted nationalization of the health care industry.
Mike H, Please Google the definition of “nationalize”.
Do people really take a jackass like O’Reilly seriously? Or Beck? Do either of them have more than 2 brain cells between them? Lord…lord help us…..