Posted tagged ‘Economics of Fascism’

Thomas Sowell – Obama’s Failed Economic Policies.

September 3, 2013
Fascism Anyone? The 14 Defining Characteristic...

Fascism Anyone? The 14 Defining Characteristics of Fascism by Dr. Lawrence Britt (Photo credit: watchingfrogsboil)

This short video below, from libertypen.blogspot.com, is a 2010 interview of Thomas Sowell  talking about the Presidents economic policies and their consequences. The most interesting thing from the video is when he is asked, “Let’s talk about President Obama, do you think he is a socialist?“, He responds, “Not technically I suppose, because socialist usually means Government ownership of the means of production. The pattern he is following is much more like that of the fascists, where the Government leaves the means of production in private hands and the politicians tell them what to do. And that’s much more politically viable because after the Government forces (more…)