Barack Obama’s Radical Socialist Pop Business Bafflegab

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I don’t really blame Republicans for desperately trying to change the subject after the release of the secret Romney fundraising video, but it cracks me up that they’re trying to make hay out of this 1998 statement from Obama:

I think the trick is figuring out how do we structure government systems that pool resources and hence facilitate some redistribution because I actually believe in redistribution, at least at a certain level to make sure that everybody’s got a shot. How do we pool resources at the same time as we decentralize delivery systems in ways that both foster competition, can work in the marketplace, and can foster innovation at the local level and can be tailored to particular communities.

It’s not just that this is 14 years old. It’s not just that Obama extols competition, the marketplace, and innovation. It’s the fact that this is basically buzzword central. I mean, this is a guy who’s obviously trying to make it sound like he has some kind of actual governing philosophy, and tossing in every piece of MBA-speak he can think of to hide the fact that he’s saying nothing. If he had immediately followed this up with a reading of “Jabberwocky” I wouldn’t have been surprised.

And this is supposed to be the evidence that Obama is some kind of radical socialist who hates the free market? Sure. In reality, it’s evidence that he was spending a little too much time back then in the pop business aisle at Barnes & Noble.

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From the desk of Mother Jones CEO, Monika Bauerlein...

Newsrooms can be funded in many ways. One of the most controversial (and volatile) ways is by a for-profit corporation or a billionaire owner. We see it across the headlines on a weekly basis: the claw backs in public media, the gutting of The Washington Post, the bending over backwards to appeal to Trump and his allies.

But not here.

When Mother Jones first started publishing 50 years ago, our founders made a critical decision: to be a reader-supported nonprofit. They knew that no corporate owner would be interested in a muckraking newsroom; they also knew that no muckraking newsroom would be interested in following the agenda of a corporate owner.

And so, we’ve been reader-funded for half a century. We rely on contributions from our readers—readers like you—whether it’s $50, or $15 a month, or whatever fits your budget. People give what they can, and every donation makes a difference for our newsroom, which has grown tremendously—in size and reach and renown—since its inception in 1976.

You may be wondering: What does it take to publish an investigation? And what does my donation actually fund? The answers are one and the same: It takes people, resources, and time. And that’s what your donation funds directly.

Every donation Mother Jones receives from readers fortifies our newsroom, whether we’re covering underreported scandals out of Washington, DC, or the most important news of the day. And right now, each donation will be doubled because of our $50,000 match. So when you make a donation—$5, $50, any amount—it’ll go twice as far.

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