Tuesday, October 19, 2010

Pelosi's Real Objective: Socialism

Heard the tape on Weber's show this morning, and you'll hear it quite a bit more over the next few weeks.

Pelosi was speaking to the USW and (as you might expect) railed on about income disparity.

But what you might NOT expect was her call for "fairness" in "equity and ownership."

The clear implication was that the (D) Party would be using Government to make "equity and ownership" fair.

How is one to understand her remarks outside of using Government power(s) to re-distribute capital, not just income?

It's one thing--objectionable to a degree-- to tax income progressively, thus taking (say) 50% of individual income above $1,000,000/year.

It's another thing entirely to forcibly extract 'ownership' (equity) of a company from the shareholder(s).

You can look up "socialism" if you like. You can also look up "Marxism" if you like.

3 comments:

steveegg said...

Point of order - Pelosi wants Cuban/North Korean-style Communism.

Deekaman said...

Right out of "Atlas Shrugged"

Amy said...

And just think, this woman is third in line for the presidency!

November is right around the corner.