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Teabagging? I object to the misuse of my user name. For the record I have never been a member of the Teaparty... and to 'teabag' is not a verb!
BTW - What a flame war. Those on the extreme left and extreme right are often not willing to listen to anything that differs from their narrowly defined world view. 'I know what I like and I like what I know'.
I'm not stepping into this name-calling marathon - other than to say, that based on world history and societies that are successful, the answer lies in the middle - a mix of capitalism and socialism. Extremes on either side are either poverty stricken police states or basketcase nanny states.. and sometimes both!
Just be glad we live in a free society where differing opinions are tolerated..
Actually, "teabagging" is a verb: http://www.youtube.com/watch?v=JQjPoiVPf2Y&feature=related
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