Word: socialist
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...temptation to tax the wealthy, both individuals and companies, is a healthy part of the egalitarian spirit that has long been a part of both democracies and socialist states. There is nothing wrong with this system, if the government can make it work...
...least since the founding of the Fed, our banking system has been a public-private partnership. Apart from a few on the libertarian right who think we'd be better off with no government involvement in banking and an even smaller group on the socialist left who would like to see complete government control of the financial system, almost everyone seems to be in favor of continuing that partnership. What confronts us at the moment is not so much a philosophical debate over nationalization as a practical discussion about how best to put the banking system back on its feet...
...political consideration, Chile must emulate the values that it seeks to achieve. It is therefore counterproductive to honor the oppressive without recognizing the oppressed. Since Augusto Pinochet was removed from power in 1989, Chile has been working to stabilize its democracy. The last Chilean president to visit Cuba was socialist Salvador Allende, who considered himself a great friend of the dictator, Fidel Castro. Bachelet’s administration has consistently shown its eagerness to boast of its democratic achievements, but improving relations with a regime that categorically opposes and publicly criticizes these democratic goals is a step in the wrong...
It’s hard to say which is more famous, Venezuelan President Hugo Chávez’s radical socialist policies, or his notoriously exaggerated personality. Chávez’s constant interruptions of the Spanish prime minister in late 2007 at a summit in Chile brought the king of Spain, a normally soft-spoken man, to shout, “Why don’t you shut up?” Yet Chávez will not be shutting up any time soon. On Monday, Venezuela passed a national referendum that removed term limits for public...
...Eliminating term limits brings Venezuela further from democracy and closer to a one-party socialist dictatorship. In any country, incumbents enjoy a huge advantage in name recognition and free media coverage that puts legitimate challengers at a disadvantage. Term limits also help prevent a trend toward career politicians who can grow complacent or unresponsive to public need...