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Politics : President Barack Obama
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To: ChinuSFO who wrote (134163)5/29/2013 10:21:23 AM
From: Wharf Rat  Read Replies (1) of 149317
 
"What you say is communism."

Socialism is an economic system characterised by social ownership of the means of production and co-operative management of the economy.[

en.wikipedia.org

"I am a Sen. Bernie Sanders type of a guy"

Not entirely. He's pro union.

"In socialism there are rules and regulations that free enterprise need to follow such as in Obamacare where insurance companies are mandated to use 85% of our premiums for the care of those insured."

That's just regulated capitalism.

socialized medicine...

The original meaning was confined to systems in which the government operates health care facilities and employs health care professionals. [10] [11] [12] [13] This narrower usage would apply to the British National Health Service hospital trusts and health systems that operate in other countries as diverse as Finland, Spain, Israel, and Cuba. The United States' Veterans Health Administration, and the medical departments of the US Army, Navy, and Air Force, would also fall under this narrow definition. When used in this way, the narrow definition permits a clear distinction from single payer health insurance systems, in which the government finances health care but is not involved in care delivery. [14] [15]
en.wikipedia.org
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