Tuesday, May 26, 2009

New York Times Denounces Socialism
"Sadly, however, it was September 1913 when the paper did this. The editorial was reacting to a platform of Teddy Roosevelt that included an income tax, a central bank, and curbs on competition. The NYT said that the American people are too intelligent and have too much common sense to be deluded by the "shallow sophistries of Roosevelt Socialism."