A Republic, if you can keep it

[NYBob]

Sovietizing the Economy: The Final Phase (by Will Grigg)

http://www.dailypaul.com/node/75892
Posted December 12th, 2008 by JKap

Sovietizing the Economy: The Final Phase

In just the past three months, the Bush Regime –
with the conspicuous support of Mr. Bush’s successor –
has appropriated the equivalent of half our Gross
Domestic Product to bail out Wall Street.
Obama apparently seeks to pick up the spare, as it were,
by putting the rest of the economy under the control of
the political class – for our own good, of course.

The plan is to put people to work on projects ordained
by Obama and his omnicompetent vanguard of visionaries.
The immediate priority would be “Green jobs, health-care
technology and infrastructure,” one aide informed
the Tribune.
The paper ominously notes that “Obama aides have
been privately consulting a range of interest groups
about economic recovery.”

The New York Times uncharacteristically told something
close to the truth when it observed that the Obama plan
“would be in part a government-directed industrial policy,
with lawmakers and administration officials picking
winners and losers among private projects and raining
large amounts of taxpayer money on them.”

Of course, a “private” project that receives taxpayer funds
is now a government program.

During the reign of Bush the Lesser, this approach was
called “privatization,” an artfully dishonest term
that effectively inverts the truth.
Who knows what tortured neologism will be coined
to describe that process under Obama.
But the substance of the matter is this:
Bush presided over the most radical expansion of
government control over the American economy in history,
and Obama promises to regiment whatever embattled
remnants of the private economy Bush may have
overlooked.
[...]
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