Economic Fascism – AIG only the most recent example
The imbecilic characterization of business as deceptive and even criminal is crushing enterprise in the US. If only it was not partially true. Right now we have a Joint Venture of Evil between government and industry. If only their activities were as illegal as they are immoral. Unfortunately the foxes are guarding the hen house.
There is enough blame to go around concerning our “financial crisis”. While the efficient (or inefficient) cause of this collapse is expressly government the material causes reverberate throughout the business class and all corporations. I’ve criticized Congress and its circus of clowns, idiots and bearded women, the regulations and bureaucracies that impose mod squad-rule, along with LBJ, WJC, GHWB, GWB and now BHO until I’m blue (State) in the face. It does nothing to address the systematic disease within our economic system.
Is this the end of America? Is answered by Terence Corcoran with a qualified and hopeful no.
One test of whether we are witnessing the end of America is how many more times Americans put up with congressional show trials of individual business people and their employees, slandering and vilifying them for their actions and motives. And for how long will they tolerate a President who berates business and corporations as dens of crime and malfeasance? If the majority of Americans come to accept the caricatures of business as true, then America is closer to the end of its life as a global leader, as a champion of markets and individualism.
No one is clean and pure as the wind driven snow. If only business were able to distinguish itself from government in some significant fashion. As far as I am concerned our economy has slowly been co-opted by the State. While we were battling for the soul of our country her arms and legs were severed. Our large business superstructure is as corrupt, if not more so as the government leach who sucks the life out of our marketplace. There is no difference between parasite and host at this stage.
When Obama and so many others dip into the troth of populism they draw on our national pastime – a critical eye on power brokers and elites. By spinning a lie with some truth they can construct further disillusion with our managed economy. Ingratiating themselves with the masses they address inequity with further slanted and disproportionate responses that drive us further into the lap of the mega state. Leviathan is right around the corner…
It was the keepers of the shop that accepted the extortion of the street thugs instead of fighting back who are ALSO responsible for our present demise. Haven’t you seen this pattern repeated throughout history?