Jim Rogers, the CEO of Rogers Holdings said on CNBC Europe’s “Squawk Box Europe” that “America is more communist than China is right now,” He went on to say “You can at least have a free market in housing and a lot of other things in China. And you can see that this is welfare for the rich. This is socialism for the rich. It’s bailing out the financiers, the banks, the Wall Streeters.”

Damn.  I hear that.

But he kinda has a point.  Seems like our “less government” Republicans are the ones who are pushing us more and more toward the “socialist utopia” that they accuse Obama of proposing.

That’s my beef with the GOP.  They’re a bunch of frickin’ hypocrites.  I’m not saying that the Dems are any better…but the Dems don’t come off (to me at least) as a bunch of “my way or the highway” kind of people.  The Republicans are so black and white on everything.  Life isn’t that simple.

http://businessandmedia.org/articles/2008/20080908171808.aspx