Libertarians for Ron Paul

Like Barack Obama, John McCain Is a Socialist

“Like the McCain supporter in Waukesha, many Americans recognize that the economic agenda advocated by Sen. Barack Obama and like-minded Democrats is socialistic. Yet many of these same Americans fail to recognize the socialistic nature of McCain’s economic agenda, which supposedly is very different from Obama’s but in reality is very similar.”

“Consider, for exhibit A, McCain and Obama’s support of the mammoth financial bailout bill, which authorizes the U.S. Treasury Department not only to spend up to $700 billion to purchase troubled mortgage-related assets from banks and financial institutions, but to also buy actual ownership stakes in these institutions, effectively nationalizing them. Like Obama, McCain not only voted for the bailout bill but lobbied Congress on its behalf.”

Full commentary by Gary Benoit @ http://www.thenewamerican.com/economy/commentary-mainmenu-43/417