"She was right about one thing: She doesn't know the definition of socialism."
What she really meant anyway is that she hates -- HATES -- the thought of government helping poor people but loves it when her richest supporters can belly up to the trough. Socialism for rich people is just fine, as in the Bears Stearns bailout. Has she shown any TERROR about that?
E.J. Dionne, today in the WashPost:
Never do I want to hear again from my conservative friends about how brilliant capitalists are, how much they deserve their seven-figure salaries and how government should keep its hands off the private economy.
The Wall Street titans have turned into a bunch of welfare clients. They are desperate to be bailed out by government from their own incompetence, and from the deregulatory regime for which they lobbied so hard.