Marxism? Socialism?

These words are thrown around a lot here. I did some further research on the two, its obvious you all have know idea what you're talking about when you invoke these two ideologies. Try wikipedia. Is it a novel concept to know what you are saying before you say someone is a marxist or socialist? I suppose it is

 

Adam Smith and Ronald Reagan, Socialists

 

EXACTLY.

Thanks.

And of course reagan raised taxes to levels lower than Obama is proposing.

 

Maybe we should throw around the word "Communist" to clearly explain Obama's policies.