03-30-2009, 04:58 AM
No Use for Donk Twits
Member Since: Jul 2005
Location: Costa Rica bound
A Whiff of Fascism from Obama's White House
The American Spectator : AmSpecBlog : A Whiff of Fascism from Obama's White House
There is a whiff of Fascism emanating from the Obama White House. |
Reports say that the head of GM is quitting under duress from the Obama administration:
General Motors chairman and chief executive G. Richard Wagoner is resigning at the request of the White House, clearing the way for the Obama administration to offer the company more federal aid. Although there have been some incidents of government exercising minor control over industry during wartime, this aggressive assault on American capitalism is unprecedented and should give all Americans who care about freedom pause.
On Monday, President Obama is expected to unveil his plan to prop up General Motors and Chrysler, offering them more money if the companies agree to shrink and refocus their businesses.
Wagoner's resignation was one of the White House conditions for more federal aid. "He agreed and will do that," a senior administration official said Sunday evening.
Wagoner, 56, joined the company in 1977 and has been chairman and chief executive since 2003. [...]
Strict government control over businesses is the essence of Fascism, or more precisely, Mussolini-style corporatism. As Mussolini said, "Fascism should more appropriately be called corporatism because it is a merger of state and corporate power." Corporatism boils down to this: government tells industry (and labor) what to do and they do it for the supposed good of the country.
And the entitlement class believes this is a GOOD thing.
Admittedly, all of the above is a product of my deep-seated and virulent racism. /sarcasm
[ Reply w/Quote ]