Is Obama a Socialist? John Stossel on Bill O'Reilly

by the Left Coast Rebel

From Stossel's blog:

I’d call Obama is an interventionist. An arrogant interventionist. He wants government control over health care, banking, energy, education, and the auto industry. He has “lawyers’ disease.” Law school misleads lawyers into thinking that smart bureaucrats can successfully micromanage life with paper and procedure. He wants to increase regulation everywhere.
Those are terrible ideas.

We would do well to remember what Hayek wrote in 1941: that "the more central planning there is, the less the individual can plan."

It’s frightening how many people don’t get that state control is recipe for stagnation and poverty. A recent Gallup poll found that 53 percent of Democrats and 61 percent of liberals have a “positive image” of “socialism”

H/T Jack Liberty, A great clip coming up from Bill O'Reilly tonight as soon as it is available.

UPDATED: For your viewing pleasure:

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