Socialism for the Rich, Not the Poor
Former Sec’y of Labor Robert Reich recently observed on Moyers Journal that people fear that healthcare reform will lead us into socialism. Actually, he noted, we’ve been living with socialism for decades in all the corporate welfare and subsidies– a kind of corporate socialism– culminating, of course, in the recent bank and automaker bailouts. The only people who have not benefited directly from this brand of socialism are the poor and middle class.
To see the interview or read a transcript, go to