Yet the Obama administration, on behalf of American taxpayers, has become -- or will soon become -- the controlling shareholder of General Motors and Chrysler, mortgage behemoths Freddie Mac and Fannie Mae, and insurance giant AIG, not to mention the 29 banks taken over this year by the Federal Deposit Insurance Corp. And that puts the president in the awkward position of balancing public policy goals with the financial interests of taxpayers as investors in these ailing corporations.Fascism plain and simple.
Wednesday, April 29, 2009
Obama,National Socialism,and Control of Big Corporations
The Washington Post has a puff piece on Obama: