Progressive Revival

Teddy Roosevelt.jpgJohn McCain says he is the new TR. And Barack Obama is a socialist who wants to “share the wealth,” as he told the now (in)famous Joe the Plumber (or whatever). But check out Teddy’s “New Nationalism” speech of 1910, and this excerpt via Mark Silk at Spiritual Politics:

No man should receive a dollar unless that dollar has been fairly earned. Every dollar received should represent a dollar’s worth of service rendered–not gambling in stocks, but service rendered. The really big fortune, the swollen fortune, by the mere fact of its size, acquires qualities which differentiate it in kind as well as in degree from what is possessed by men of relatively
McCain grin.jpgsmall means. Therefore, I believe in a graduated income tax on big fortunes, and in another tax which is far more easily collected and far more effective–a graduated inheritance tax on big fortunes, properly safeguarded against evasion, and increasing rapidly in amount with the size of the estate.

Maybe McCain meant he’s the new Franklin Roosevelt?