Ron Paul: Barack Obama is Not a Socialist, Washington Wire: Republicans and tea party activists are fond of accusing President Barack Obama of being a socialist, but today party gadfly Ron Paul said they had it wrong.
“In the technical sense, in the economic definition, he is not a socialist,” the Texas Republican said to a smattering of applause at the Southern Republican Leadership Conference.
“He’s a corporatist,” Paul quickly added, meaning the president takes “care of corporations and corporations take over and run the country.” ...
This isn't as easy to refute as it ought to be. Hopefully, the end result of financial reform will diminish the truth of this charge substantially, if not entirely, but we shall see.