Over the years, words lose meaning and often take on new forms that in no way represent their original usage. This can be observed in the now taboo word “fascism.” Fascism is now most closely associated with the system of government that effected the slaughter of over 6 million Jews and other political prisoners. But at its core, fascism is really no more than a system where government, through agreements with the private sector, controls virtually all property and income indirectly.Prosperity and economic growth become the domain of government. The philosophical aim is to eliminate recessions by eliminating robust growth — the underlying philosophy being that if there is no boom, there will be no bust. This system usually appeals to populations coming out of severe economic depressions and upheaval, as in pre-Nazi Germany during the period of the 1930s.…All of Obama’s actions have highly fascist overtones. The fusion of government and the private sector can be observed most clearly in the recent Chicago-style shakedown of BP, wherein Obama forced a private sector company to set up a $20 billion slush fund to be controlled by his team of czars, criminally exceeding his constitutional authority. Only days after it was clear that this action would not be met with legal challenge, Obama succeeded in passing a financial overhaul bill granting him the authority to seize healthy firms if he deemed them to be at risk, outside of normal bankruptcy procedures which exist expressly for that purpose.For any fascist system to maintain control, “the rich” must be indebted to the state, and the poor must feel empowered by the state. Shortly after Obama was elected, he immediately targeted specific affluent persons with proposed 90 percent taxes. Although highly illegal, the effect was the same. Persons with wealth became aware that there was a man in power who would not hesitate to break the backs of the wealthy. The financial interests of the richest one percent became suddenly interwoven with Obama’s success.And what of the poor? The poor, having lost work due to the economically destructive policies of the Obama Administration, e.g. tax increases during a recession and the wholesale banning of lucrative industries, remain utterly dependent on President Obama. The “savior” assures the poor that he “feels their pain” and talks of hard times ahead. As a result, the poor naturally link their destiny to the success of the President. By discouraging investment through higher capital gains taxes, through the virtual prohibition of “risk” in hedge fund and derivatives trading, as well as through hidden taxes associated with mandatory health insurance and the financial overhaul, Obama has created an environment where businesses cannot hire. This leaves the poor in the cold and makes government the sole source of worker empowerment.
It would be educational to read the entire piece.
Hell, it ought to be required reading for all.