Posted on 07/05/2009 2:24:25 PM PDT by fiscon1
In his landmark 1942 book, "Capitalism, Socialism, and Democracy," economist Joseph Schumpeter emphasized the key role that creative destruction plays in generating long-run economic growth. It is the driving force of capitalism.
There have been numerous accusations that President Barack Obama is intent on reforming America as a socialist nation. Obama himself may have fed the beliefs with his own words, saying, as he did, that he believes government should "spread the wealth around." He also said, in 2003, that he favors a single-payer system for American health care.
(Excerpt) Read more at ocregister.com ...
According to the media and his worshippers, obama can and will save everything and everybody.
And according to the rest, we don’t have anything to be concerned about. It is only politics.
He has taken control of the banks.
He has taken control of the auto industry.
He is working on taking control of the medical,[ “health care”] profession.
He is working on completing control of the electoral system.
And most do not give a damn.
And some still say “don’t worry”.
When will it be time to worry? Or has that time passed?
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