“Conservative” Socialism

John Stoehr pulls a reverse Jonah Goldberg:

These conservatives aren’t conservative. The Republicans Party has gone so far to the right that it has arrived on the other side of the political spectrum…Over the years, a series of public policy choices as well as banking and tax legislation has redistributed wealth upwards. The repeal of Glass-Steagall, preferred trade status with with China, the Bush tax cuts, Medicate Part D, and the $7.7 trillion that the Federal Reserve loaned to big banks since 2008 — all of these have sucked wealth from the bottom for the benefit of the rich. Up or down, it’s all the same when government is responsible for moving wealth around. John McCain called it by name in the 2008 presidential race — for the wrong reasons. It’s socialism.