“Mommy, he called me a socialist!”

The presidential election has taken on the quality of an insane asylum run by the inmates. Obama, who is to the left of socialist senator Bernie Sanders, mocks McCain for calling him a socialist. McCain says in speeches, “My friends, my opponent wants to take your money and give it to people who haven’t earned it.” But that’s exactly what every Republican administration has done all of my life. And what was the $700 billion bailout that McCain supported?

I refer my readers once again to Sheldon Richman, the economics writer who understands it all and makes it plain.