The more I watch TV, the more I can feel the tension mounting in the election. Today Sarah Palin was speaking and referred to Joe the Plumber asking Obama if his economic plans were socialist.

Let me define socialism (according to dictionary.com):

1) a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole
2) (in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles.

Obama said in 2001 that he would like to redistribute some of the tax money back to the ones that need it the most. While he didn’t implicitly say so, I think he was talking about social programs that we already have — think WELFARE. Isn’t that what welfare is though??

Anyway, everyone is sooooo stuck on that word ’socialism’. What is ironic to me though is Bush IS practicing socialism in the way that he/the government is handling the Economic crisis on Wall Street. Please re-read definition #1 if you don’t believe me.

I don’t know if Obama wants to move from capitalism to socialism (my guess is no) but should he want that, George W. not only built the foundation, he finished the house.