Saturday, January 19, 2008

Economic Fascism

The link to this article was left in a comment to an earlier post of mine regarding the Fed's desire for a stimulus package. I think it's worthy of mention itself.

The thrust of the article is that fascism is, at its core, a brutal economic system wherein the rich keep the profits and the losses get passed along to the people through subsidies and bail-outs.

That is the model of the Bush Administration. So between their economic polices favoring the rich and their sustained assault on civil rights, liberty, the right to vote and the Constitution, they have firmly entrenched their legacy as American fascists.

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