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“There are socialist principles to that, yes,” Palin said of Obama’s plan. “Taking more from a small business or small business owners or from a hard working family and then redistributing that money according to a politician’s priorities. There are hints of socialism in there.”
Asked if she thinks the government’s plan to inject billions of taxpayer dollars directly into troubled banks amounts to socialism — a belief held by many conservative legislators, talk radio hosts and bloggers — Palin said, “No, I do not.”
