unless he's bankrolling this scheme from his own pocketbook, it's socialism. just like the bailout, buying into companies because "they are too big to fail".
he's as socialist as the rest of them...
I agree that it's flawed policy with socialist overtones. However, in terms of matters of degree Obama's the bigger socialist.
With McCain, the intent (even if misguided) was a one time fix, not an ongoing program.
With Obama, its intended as a long-term, if not permanent, policy of extensive government intervention in the free market and massive wealth redistribution.
