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Note: the original doc. athttp://freeassemblage.blogspot.com/2009/03/america-is-now-communist.html contains hyperlinks to references.America Is Now Communist Michigan Gov. Jennifer Granholm said the governmental firing of the CEO of GeneralMotors turned him into a "sacrificial lamb". The White House asked Rick Wagoner tostep down as a precondition for government aid.Get used to it. Wagoner was no sacrificial lamb; he was merely the first to fallin the huge government take over of the entire American economic system. It is nolonger capitalistic, but it hasn't been for decades. Now it is no longer even the"pretend capitalism", called the "mixed economy", that we have had for decades.Now it is communist.Communist? Why not socialist? Socialism is when the government controls industry.Communism is when it also owns it. Now the government owns it, and the governmentis not listening to We, the People.Why should government listen to We, the People? It has no reason to. It can now dowhat it wants. But first it had to ignore We, the People, pleading with Congressnot to pass the bail out; then pleading not to give money to Detroit; thenpleading not to pass the stimulus package; then pleading not to pass the budgetthat was filled with over 8000 earmarks. We couldn't plead with them not tomonetize the deficit by printing $1 trillion out of nothing, because we were nottold about it until the last minute.No, Rick Wagoner was the first, but he will not be the last. The Obamaadministration now controls the entire American manufacturing and marketingmachine, and it intends to set the agenda for the post-capitalist world bydetermining what products We, the People wish to buy, ought to buy, and can buy.Do you think this opinion goes too far, that it can't or isn't true? TreasurySecretary Timothy Geithner said "the market will not solve this", meaning thecountry's economic mess cannot be fixed the old fashioned way, by the verymechanisms that have worked for the last 400 years.Geithner said the US needed to target reckless risk-taking with "better, smarter,tougher" regulation. (March 27, before Congress) At that same time he also said,"To address this will require comprehensive reform, not modest repairs at themargin, but new rules of the game."However, we now have the same administration who actually forced bail out money onbanks who didn't need it and said no, and who now find they cannot easily returnit, firing the CEO of a major manufacturer."The centrepiece of the reform package -- and the only element presented in anygreat detail -- is a proposal for a new 'super' regulator to provide enhancedoversight of all systemically important firms -- be they banks, brokerage houses,other financial services firms, hedge funds or insurance companies."http://www.theaustralian.news.com.au/business/story/0,28124,25252187-36418,00.htmlBut many critics say it won't end there, that in the future any business sectorthat gets itself into trouble in such a way that would create financialdifficulties for other sectors, would come under the "super" regulators clutches.I have no doubt that is what will happen, because that is the historical story of
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cecilq

When the goverment controls industry, and also owns it, its just a another form of CAPITALISM, perhaps not the nicest one, but then, capitalism was never meant to be nice.

reply09 / 29 / 2009
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