Fascist Trends in the Democratically Controlled Obama Government

Obamanomics II

Frank Zappa one of Americas best musicians, once said,” Politics is the entertainment branch of industry.”

It has become big entertainment to watch the public enraged over AIG bonuses while big firms who received federal Troubled Asset Relief Program, TARP moneys, Wells Fargo, B of A, and JP Morgan Chase dished out thousands to politicians on both sides of the isle.  Many will not concede to open their books as to how they spent their bailout funds, but as the Chinese say, “no tickie no laundry!” This is only the beginning of the public’s understanding the corruption in government and industry and how each is dependent on the other to receive cash, in the most unethical ways.

Remember the campaign promise Comrade Obama made, to appear publicly ethical, that there would be no lobbyists in his administration? Mr. Obama’s nominee for deputy secretary of defense, William Lynn, has been a lobbyist for the defense contractor Raytheon, and his nominee for deputy secretary of health and human services, William V. Corr, lobbied for stricter tobacco regulations as an official with the Campaign for Tobacco-Free Kids.

Where is the same outrage over bailout moneys being placed in campaign coffers through lobbyist to members of the House and Senate banking committee members?  Senator Chris Dodd, received AIG bonus money before it was bailed out to make it to the Chairman’s seat, then paid back his supporters with the TARP amendment to make sure those same folks received their bonuses.  Since no one was given time to read the legislation, what a surprise to find it blow up in his face when the public got wind of paying bonuses with public funds.

Yet, what has happened in this new age of Obamanomics?  Government is biting the hand that feeds it, and industry is waking up to the fact that it has opened Pandora’s box and let a Marxist style fascism out!  Banks are rapidly moving to give back TARP dollars, “Signature Bank of New York; Old National Bancorp of Evansville, Ind.; Iberiabank of Lafayette, La., and Bank of Marin Bancorp of Novato, Calif. – said they had bought back a total of $338 million in their preferred shares, which had been sold to the government in the fall under the $700 billion, or TARP, in exchange for capital.

Generally, these banks have come to realize that the Government restrictions imposed by TARP “don’t quite fit their business model” which means that they want to be able to recruit and keep their talented banking professionals, without who they cannot chart the course through the ever changing financial disaster that has now become our economy. Is it safe to say that this will be a trend as industry cannot be competitive with a government monkey on its back, that is if we are still in a competitive capitalistic society.

Lets take another look and Obamanomics 101 where the latest Obama-Geithner plan to create public-private partnerships to take up the $1 Trillion in toxic mortgage assets off the banks books and sell them in an effort to unfreeze the credit markets.  Just how is the private sector to be compensated when they are using taxpayer money with minimal if no interest, but with some participation by government in the return on invested capital?  No answer on this question nor will we receive one on the pay back   to our elected officials who are actively moving to create a new democratic fascist regime out of the United States.

The new Obamanomic fascist government is a movement that opposes capitalism because fascists do not want to give power to the individual, and they understand they can only maintain power through a single party system.  The public-private partnership fits this model well for developing the economic ground rules for the Comrade Presidents next assaults on American Democracy.

Any attempts detrimental to national security like capitalism and conservatism that may seek to provide privileges to an wealthy class, or institutions or cultural values that fascism seeks to control will be dealt with accordingly.  Obamanomics will use taxation of the rich, a new fairness doctrine to muzzle conservative talk radio, restrict free business operation through monopolistic and counterproductive restrictions, as well as federal funding of groups such as ACORN and youth employment  to secure and maintain its ideology.

Like capitalists, fascists believe that only the strong survive and they will promote and enrage violence like the public display of outrage against AIG bonuses.  Comrade President Obama fanned those public fires and used his leadership not to bring peace to society but to impose a direction for congress to create a new unconstitutional law that would target a specific political faction of society from receiving bonuse pay even though that pay was contractually obligated and known before hand to his administration, namely Treasury Secretary Geithner.

Americans are now seeing the use of their traditional government rules of operation turned not to deliver freedom, liberty and prosperity to the individual but the creation of an Orwellian-fascist economic model.  This bastard vision is being forged by a willing media, unethical legislators and the government financing of interest groups with an idyllic allegiance to political power as it emanates from the messiah, our Comrade President Obama.