Why does Obama think he can fix capitalism with socialism?

There is no socialism.

Obama is one of the sellouts for big business. He's the one with the bailouts and the bonus's

Socialism is a return of power to the people- Obama is NOT FOR THAT

Capitalism does not would desire to be fastened, it is not broken. In a loose industry, industry forces will perfect suited themselves. there will be winners and losers. Governments efforts to step in and to objective to guard the losers distorts the markets and provides the effect of failure. inspect GM as an occasion. the government rescue is a distortion of the industry. If the business business enterprise became allowed to fail there could have been others to step in and purchase and make investments interior the sources and build the automobiles making use of a different and doubtless extra effective attitude. undesirable recommendations and operations fail, stable ones prevail. the government, with the aid of rescuing the business business enterprise, rewarded a undesirable business business enterprise and for this reason has given the business business enterprise no genuine incentive to alter. only inspect the main modern disaster. the government involvement interior the housing industry created distortions that the industry tried to react to. The distortions became so super that the entire industry collapsed, no longer as a results of capitalism, yet as a results of government impact.

In Canada there is a mixture of both socialism and capitalism and every year the United Nations place it in the first three countries among 179 for their quality of life and low crime rate.

DenisP

Capitalism and Socialism are obsolete 19th century concepts that kids learn about in school. They are only theories, and no nation ever practiced either in its pure form for very long.

Obama is a Harvard educated Constitutional Law professor who earned $2,656,902 last year. He doesn't think in simplistic terms. He looks at the specific problems we actually have in our complex hybrid global free-market economy, and proposes specific practical legislative solutions he thinks will work.

Then the political pundits (who aren't idiots, but only play them on TV) try to put these initiatives into simple terms and support their particular viewpoint by using words they think you will have a favorable or negative opinion about.

He is a Marxist. Marxists believe that capitalism is evil and only Socialism or Communism is the answer. Read "The Communist Manifesto" and see if it doesn't parallel Obama's ideas of government takeover of banks and businesses.

Socialism is just another big business program. The government is basically saying that they don't want anyone more powerful than them.

Yes you are right, but wait a minute, what is the name of that socialist country that is eating us alive economicaly? Oh, yeah Communist China.

A mixed economy is the perfect balance.

We don't want pure capitalism nor do we want pure socialism...

but a balance between the two.

He's a Fascist dicatator wanna-be

Socialism is a stepping stone for Fascism and Communism.

It will always end badly

"Capitalism is the road to socialism." George Bernard Shaw