POLITICAL observations & opinions

* Conason (New York Observer): McCain’s delusional rant against “socialism” tells us more about him than about Obama

Posted by Lew Weinstein on October 23, 2008

Joe Conason writes in the New York Observer …

  • John McCain inveighs against the “socialist” design of Barack Obama’s tax platform.
  • This delusional ranting, like so much of Mr. McCain’s behavior this year, tell us nothing about Mr. Obama (or socialism!) but much about him.
  • Let’s begin with the dishonesty of the McCain rant.
  • What Mr. Obama proposes is to restore the tax rates on the wealthy to the same level as during the Clinton administration – that is, to allow the Bush tax cuts to expire without renewing them for individuals and families reporting more than $250,000 in annual income.
  • There is nothing radical in this idea, let alone socialistic, (especially compared with the bank nationalizations and other violations of capitalist orthodoxy that Mr. McCain has supported recently as emergency measures).

Read the entire article at … http://www.observer.com/2008/politics/perverted-idea-fairness

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