Friday, October 1, 2010

Selling off AIG

My latest at FrumForum: "AIG Exit Plan Proves Obama's No Socialist." Excerpt:
Winston Churchill once entered a men’s room where his Labour Party rival Clement Attlee was standing at a urinal. As Churchill moved to the far end of the room, Attlee asked: “Feeling standoffish today, are we, Winston?”

Churchill’s reply went down in history: “That’s right. Every time you see something big, you want to nationalize it.”

Attlee’s mid-20th-century Labourites advocated (and implemented) the nationalization of industries including railroads, coal, electricity, gas and steel. That was what made them socialists. It was also why Churchill’s riposte was funny.

But it’s not a joke that would make sense if applied to U.S. politics today.
Whole thing here.

UPDATE: "Socialist Obama Already Abandoning Socialism."

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