The article: "It's not about socialism, it's about rescuing capitalism" by Harold Meyerson of The Washington Post is basically talking about President Obama being a socialist, and also saying that we are also socialist by creating the problem, but the reason why the arthor wrote this about socialist is because it seems that more people are worried more about bailouts and stimlus packages, than the economy being in shambles, this is directed towards the citzens because we are the ones to blame this uprising of socialism instead of blaming the president for the stimlus bill that was recently passed.
The basic argument the arthor wants to make is rising of socialism, and why should we bailout capitalism, and social capitalism is another thing blaming the failures of Wall Street and the worldwide crisis of commercial banks; the collapse of Japan, German and American exports; the decline of the U.S. auto industry; the failure of the Stock Market, and the low percentage of jobs at a all-time high I guess that social capitalism is blowing up big time and it is taking the whole world for a ride.