following up a message from Dan Ceppa to Bob Ackley:

 JM> Tell me how BO isn't moving this country toward Fascism.

 BA> He can't.  The US has *been* a fascist state for decades, people just
 BA> haven't realized it yet.

WOuld agree with that   I hate to say it, but I have to
agree with that.

 BA> Fascism is simply an economic system where the means of production
 BA> are privately owned but are controlled by the government.  As in
 BA> government regulatory agencies, of which there are dozens if not
 BA> hundreds. 
 BA> If anything he is moving *away* from pure fascism by having the
 BA> government buy up equity stakes (with its typical strongarm tactics -
 BA> i.e. 'take the money or else') in private banks and corporations.

PRobably, but the same wall street numbskulls who got us
into this mess are going to keep their toys, and their
positions.  FUnny how that works.


Regards,
           Richard
--- timEd 1.10.y2k+