Obama’s Fascist Economy

September 21, 2011 03:56

.. the economic philosophy that is fascism is alive and well and being pursued in the United States by those whose desire it is to control the people of the country and reinforce their domestic power base .. – American Thinker

By Steve McCann at American Thinker


Socialism/Marxism seeks the total control of a society’s economy through complete state control of the means of production and income.  Fascism seeks that same control, indirectly by the state domination of private ownership, as well as controlling individual income and wealth through taxation and regulation.  Jonah Goldberg’s masterpiece Liberal Fascism convincingly demonstrates the progressive roots of fascism.

Mussolini heaped praise upon FDR’s New Deal as “boldly…interventionist in the field of economics.”  Roosevelt was not reticent in his compliments to Mussolini for the latter’s “honest purpose in restoring Italy” and acknowledged that he kept “in fairly close touch with the admirable Italian gentlemen.”  Yet it is generally recognized today that by pursuing these policies FDR prolonged the Great Depression by another 5-7 years.  (See Amity Shlaes: The Forgotten Man.)

The Obama administration has, through the Justice Department and other agencies, behaved exactly as many quasi-fascist regimes in the past — almost all of whom have been governed by groups of friends and associates who appoint each other to government positions and use governmental power and authority to protect themselves and their friends from accountability.


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