Obamaville

An Obamaville is a tent city created by homeless people. Critics of the Obama administration have coined the word "Obamunism" to describe Barack Obama's 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's corporate bailouts as being "fascism light" in nature). Obamunism can also refer to Obama's ruinous fiscal policies and reckless monetary policies. In February of 2010, Jim Rogers, the world renowned investor, said concerning the Obama administration's monetary policy, that the European Union, Chinese, and Australian central bankers are more competent and honest than the Federal Reserve. Furthermore, Mr. Rogers asserted that Federal Reserve Chairman Ben Bernanke, whom President Obama re-appointed to be the Chairman of the Federal Reserve, is "throwing gasoline on a fire" via his inflationary policies which are debasing the United States dollar. Under President Obama the American government's share of the national gross domestic product has significantly increased.