Amazing How Republicans Are Attacking The “Religion” Of Capitalism, And Yet Claim Barack Obama Is A “Socialist”!

It is actually quite hilarious how many Republicans, led by Newt Gingrich, are attacking Mitt Romney over his career with Bain Capital, and yet have enriched themselves in similar ways through Wall Street and other capitalistic interests without any shame, and at the same time, have no concern about the sufferings of the middle class and the poor, as a result of the Wall Street bank collapse of 2008-2009!

While attacking Barack Obama as a “Socialist”, the Republicans have been willing to support government aid to the corporations and the banks, a different form of “Socialism”, which benefits the wealthy and powerful at the expense of the middle class and the poor!

Without realizing it, the Republicans are presenting to us the evils of capitalism, and the dire need for MORE reform and regulation, which is actually “Progressivism”, as in the early 20th century, but is being labeled by them as “Socialism”!

But the same charges were leveled against “Progressives” in the early 20th century, and against the New Deal of Franklin D. Roosevelt, a time when the government, instead of setting out to destroy capitalism at the peak of the Great Depression, instead SAVED capitalism from those who truly wanted to destroy it!

What Barack Obama is trying to do is also NOT revolutionary! It is the same purpose as FDR had, to save capitalism from its own shortcomings and weaknesses, by increasing government regulation and intervention in the public interest.

So the internal GOP debate over capitalism and its excesses can have the purpose of bringing about what needs to be done, a recognition that Barack Obama is NOT a revolutionary, but in the best progressive tradition of Theodore Roosevelt, Woodrow Wilson, Franklin D. Roosevelt, Dwight D. Eisenhower, John F. Kennedy, Lyndon B. Johnson, Richard Nixon, and Bill Clinton!

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