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Socialist or Fascist

Lock2 Wrote: Jun 12, 2012 1:03 PM
Dr. Sowell, Those of us that Call the President a Socialist have some basis - who owns AIG? Who Owns GM, who owns Chrysler, who owns shares in many bank holding companies. So, yes he is both a Socialist and a Fascist.
It bothers me a little when conservatives call Barack Obama a "socialist." He certainly is an enemy of the free market, and wants politicians and bureaucrats to make the fundamental decisions about the economy. But that does not mean that he wants government ownership of the means of production, which has long been a standard definition of socialism.

What President Obama has been pushing for, and moving toward, is more insidious: government control of the economy, while leaving ownership in private hands. That way, politicians get to call the shots but, when their bright ideas lead to disaster, they...