Glen Beck, on his radio program 20 minutes ago, said this is what a world leader told him President Bush said to him. The world leader declined to go on the air with Glen ...
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. [...] Digg here: http://digg.com/political_opinion/Sovietizing_the_Economy_The_Final_Phase
Market Data 
Markets 
AI
