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Socialist or Fascist

Ugh! Wrote: Jun 13, 2012 11:07 AM
Government should regulate industry. Its when they start choosing winners and losers that there is a problem. GE comes to mind. If there is a problem, create a regulation, then (here is the rub) enforce the regulation! Instead of enforcing, Government, as a way to look like they are doing something either holds hearing (yawn) or creates more regulation. Only the ethical companies comply until the regulation is so ridiculous no one can comply or it gets too costly to comply. Government then says, "We have to take over." Can't believe people still don't see this! Amazing set of rose-colored glasses you must have!
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...