Democratic Primaries
In reply to the discussion: I am not cool with socialism. [View all]Tweedy
(1,284 posts)Pooling the risk to protect all
Can be called insurance
When the government does it, we call it socialism
It is not stealing someone else's work.
That is plutocracy
Kleptocracy
Feudalism
Labels can hang one up. The GOP has been happily playing doublespeak for years. With both hands in the till, this president complains about socialism.
The thieves are already in the White House, friend.
None of the Democratic candidates are proposing theft. Many are proposing saner approaches to basic insurance.
Right now, we socialize the risk (have you seen how much $$$ the federal reserve is pumping into the overnight loan market?) & privatize the profits. That, too, is socialism (that kind IS horrible, yes).
Should we not stop giving already very wealthy folks "free stuff" and design rational investments for our future?
primary today, I would vote for: Joe Biden