Yesterday during his speech at the Southern Republican Leadership Conference, Ron Paul defines Obama as a corporatist rather than a socialist.
"The question has been raised about whether or not our president is a socialist," Paul said. "I am sure there are some people here who believe it. But in the technical sense, in the economic definition of a what a socialist is, no, he's not a socialist."
"He's a corporatist," Paul continued. "And unfortunately we have corporatists inside the Republican party and that means you take care of corporations and corporations take over and run the country."
Paul said examples of President Obama's "corporatism" were evident in the heath care reform bill he signed into law last month. He said the mandate in the bill put the power over health care in the hands of corporations rather than private citizens. But he said the bill wasn't the only place where corporatism is creeping into Washington.
I cannot really agree with Ron Paul on this one. Sure Obama has taken care of some corporations GE and Goldman Sachs readily come to mind. However, there are some corporations that clearly did not fare very well under Obama policies.
Ron Paul is wrong about the mandates in ObamaCare, while the mandates look like a boon to the insurance companies; everything else about ObamaCare is design to collapse them.
Ron Paul also said that repealing ObamaCare is unlikely:
Despite his opposition to the bill, and despite Republican calls to repeal it, Paul said that when it comes to the landmark health care bill, "throwing it all out is probably not going to happen."
He said the only hope Republicans have is to change the bill for the better. Paul said he will introduce his own legislative fix when the Congress returns from recess next week.
"There's one piece of legislation that I'm going to introduce, it's going to be one page long," he said. "It will be to remove the mandate so you don't have to participate if you don't want to."
Tinkering around the edges? I totally not feeling this! Since this is only a quote, I will wait until I can see all of Ron Paul’s speech before I comment on this idea. If anyone stumbles across video of Ron Paul’s full speech, please provide the link.
UPDATE: Full Video Ron Paul's SRLC speech
H/t to follower Teresa for quickly finding the link for me.
Via: Talking Points Memo