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Ron Paul says Obama is a corporatist, not a socialist

ShareDr. Paul argues that Republicans and Tea Party supporters are inaccurate when they ridicule Obama as a socialist. Instead, Congressman Paul claims Obama, like George W. Bush, should be deemed a corporatist.
So, what’s the difference between socialism and corporatism? Paul writes:
Socialism is a system where the government directly owns and manages businesses. Corporatism [...]

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