The battle for Barack Obama's economic soul is on in earnest, and it has nothing to do with the "European socialism" that John McCain attempted to use as an epithet against him. The Republican quickly dropped that line of attack, perhaps because the European Union's brand of democratic socialism has proved more effective in regulating the rapacious financial markets at the heart of the economic meltdown. Besides, the socialist British Labor Party has been President George W. Bush's ...

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