The American Thinker shows us the reality of the Obama-Fuhrer’s economic policies. Some people mistakenly believe that fascism lives on the right, but this is a fundamental misunderstanding. As Ayn Rand pointed out so many years ago, communism and fascism are two sides of the same coin. Both are statist and totalitarian. The difference is not in the ends to which they aspire, but the tactics that they use to get there.
Where communists confiscate your property and wealth outright, fascists leave you with the appearance of property. You still have your pieces of paper that say you are the owner, but all of the important decision making power is taken out of your hands and given to the government through regulation, taxation and other forms of social engineering. In the end, you have no real control over your property or your life, and so the same objective has been achieved.
A legacy of the FDR years is the nearly 170,000 pages of federal regulations that exist today and intrude into all aspects of the day-to-day life of every American. However, Barack Obama has not only added to the regulatory burden, but also taken actions which are geared to further establishing a fascist economy.
ObamaCare is not about health care, per se; rather, it is intended to dictate to business and the individual what insurance they must buy, what health care they are allowed to access, and ultimately what behavior is acceptable — all at the whim of a centralized bureaucracy. The Dodd-Frank Bill firmly establishes the concept of “too big to fail” for certain financial institutions, thereby subjecting them to the absolute control of the state while allowing, and in many cases forcing, others to cease doing business, as well as instituting lending and operating policies determined by government regulators.
The Obama regime has thrown out the rule of law when it comes to the rights of private investors by their actions against the bondholders of Chrysler and General Motors, as well as forcefully taking over and operating both companies and others as quasi-private entities. They have chosen which businesses will succeed or fail by the taxpayer financing of companies such a Solyndra among a score of others, others of which have failed. The Obama appointees to the National Labor Relations Board are now dictating to companies where they can locate and are attempting to force their workers into unions without secret ballots.
