"Economic Fasicism": Socialism with a capitalist veneer. (Not my definition, but a quote).
My definition: Central planning "parntership" between Big Government and Big Business to control almost every aspect of your economic life (see the week ago entry about the "global warming" goal to track the energy use of EVERY individual--presumably with IBM computers).
Yes, this entry is related to the earlier entry today on environmentalists and "global warming". Remember that "cap and trade" "energy" bill that Nancy Pelosi rammed through the House, without anyone even having a chance to read it? Guess what. Nancy Pelosi and/or her family have a substantial investment with T. Boone Pickens. And T. Boone Pickens has been out there campaigning for YOUR MONEY to go into HIS POCKETS--campaigning for subsidies for his "wind farms" and natural gas vehicles. Why does good ol' T. Boone need OUR moeny (government money) if his products are so good?
Welll, the answer came last week. Good ol' T. Boone ABANDONED his plans for a huge wind farm in the Texas panhandle. Turns out that it would cost too much for transmissioin lines from the wind turbines, even if they otherwise woked. And good ol' T. Boone could evidently not get a government to SUBSIDIZE the whole thihng. So he abandoned the project as UNECONOMIC ("We got ahead of ourselves"). Of curse, it was "uneeconmic" only in the sense that ALL of what T. Boone is suggesting is uneconomic: It will not work with GOVERNMENT MONEY Nancy Pelosi has tried to give T. Boone the money, but even the proposed bill was not enough to save the wind farm in the Texas panhandle.
This is what happens in economic fascism. The main source of money is the GOVERNMENT, and the hogs line up at the trough to get the money. T. Boone was an early example of how the hogs line up. IBM ("smart planet") is another example. When the governmment "partners" with Big Business, or any businesses, who loses? Right, the people lose who are not the "favored" people. Everyone is at the mercy of the econoic fascists in total control of our economy, and of our lives.
Yes, it is disgraceful that Nancy Pelosi is influecning government policy when she has a monetary interest in T. Boone Pickens. But that is samll potatoes compared to the overal central planning disaster of econoic fascism. Do you really want Big Bovernment and Big Business in "partnership" to control your life?
If you do like this idea, you are a leftist to your core. President Obama definitely likes the idea (as exhibited by all of these "deals" with entire industries), and he is an extreme leftist to his very core.
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