Irenaeus, Siteadmin, Check users, oversight, Administrators
351,415
edits
Changes
Jump to navigation
Jump to search
Line 8:
Line 8: + +
→Barack Obama and socialistic and "fascist light" policies
If our government is to continue spending 40 percent of our GDP, we will morph into the European model of a socialist democracy. But if we can roll the spending back to 30 percent, while holding taxes level, we will retain our free market system.<ref>http://townhall.com/columnists/DickMorrisandEileenMcGann/2010/04/24/the_silent_killer_obamas_vat_proposal</ref>}}
If our government is to continue spending 40 percent of our GDP, we will morph into the European model of a socialist democracy. But if we can roll the spending back to 30 percent, while holding taxes level, we will retain our free market system.<ref>http://townhall.com/columnists/DickMorrisandEileenMcGann/2010/04/24/the_silent_killer_obamas_vat_proposal</ref>}}
Critics of the Obama administration have coined the word "[[Obamunism]]" to describe Barack Obama's [[socialism|socialistic]] and "[[fascism]] light" [[economic planning]] policies ([[Benito Mussolini]] defined fascism as the wedding of state and corporate powers. Accordingly, trend forecaster [[Gerald Celente]] labels [[Obama administration corporate bailouts|Obama's corporate bailouts]] as being "fascism light" in nature).<ref>http://www.thebigmoney.com/articles/daily-intel/2009/07/20/obamunism-inc</ref><ref>http://www.smallbusinessadvocate.com/small-business-interviews/gerald-celente-6944</ref> Obamunism can also allude to Obama's [[Obama administration fiscal policy|ruinous fiscal policies]] and [[Obama administration monetary policy|reckless monetary policies]].<ref>http://seekingalpha.com/article/120883-monetary-policynot-obama-s-stimulusis-what-needs-watching</ref><ref>http://www.nypost.com/seven/05172009/postopinion/editorials/bams_wise_words_169731.htm</ref><ref>http://blog.heritage.org/2009/03/24/bush-deficit-vs-obama-deficit-in-pictures/</ref>
== Influence of Russia on socialism ==
== Influence of Russia on socialism ==