Politifact.com: Sarah Palin is “Pants on Fire” Wrong — Barack Obama Would Not “Experiment With Socialism.”

“Sen. John McCain’s campaign has seized on Sen. Barack Obama’s offhand remark that he wants to “spread the wealth around” to allege Obama is a socialist. Even in the context of a heated presidential campaign, that’s a remarkably incendiary accusation. It’s become a standard part of the McCain campaign rhetoric, uttered by surrogates and candidates alike… So no, Obama’s tax increase on those making more than $250,000 would not represent a transformation of the U.S. system of government. His desire to ’spread the wealth’ through progressive taxation makes him no less a capitalist than McCain, or Lincoln. Palin’s allegation that Obama wants to ‘experiment with socialism’ seems designed less to inform than to inflame. That’s Pants on Fire wrong.” [Politifact.com, http://politifact.com/truth-o-meter/statements/826/]