A liberal: one who is exceptionally generous with other people’s money

President Obama, in this case, is exemplifying the present-day definition of a liberal: one who is exceptionally generous with other people’s money. He used our money — the American people’s money — to buy into Chrysler (as well as GM and many banks) and is now attempting to restructure those companies. In the process, he is trying to bully other companies and groups to play along with his plan for their money, as well.

This runs the risk of bringing a classic quote to life: Margaret Thatcher’s declaration that “the problem with socialism is that you eventually run out of other people’s money.”