Liz Cheney: “Its scary”.. Obama “really believes in redistribution of the wealth”

October 17, 2011 07:59

“He really believes in increasing capital gains tax even if it means lower revenues to the treasury.”  Cheney says “Its something new” but its not new.  Some like Cheney are just now willing to admit it but Obama has been a socialist from the beginning.


1.   a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.
2.   procedure or practice in accordance with this theory.
3.   (in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles.

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