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:''Main article'' : [[Obamunism]]

:''Main article'' : [[Obamunism]]

[[File:4135523219 e140763872 o.jpg|thumbnail|430px|A new study demonstrates Obama currently has dramatically fewer advisors who’ve made their living via the private sector than any other [[America]]n President in the last 108 years — since the turn of the 20th century when the business of America became business.<ref>http://www.redstate.com/erick/2009/12/01/obamas-achilles-heel/</ref><ref>http://blog.american.com/?p=7572</ref>]]  

[[File:4135523219 e140763872 o.jpg|thumbnail|430px|A new study demonstrates Obama currently has dramatically fewer advisors who’ve made their living via the private sector than any other [[America]]n President in the last 108 years — since the turn of the 20th century when the business of America became business.<ref>http://www.redstate.com/erick/2009/12/01/obamas-achilles-heel/</ref><ref>http://blog.american.com/?p=7572</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 refer 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>  Concerning the [[Obama administration]]'s [[monetary policy]], the world renowned investor Jim Rogers says the [[European Union]], [[China|Chinese]], and [[Australia|Australian]] central bankers are more competent and honest than [[Federal Reserve]] Chairman [[Ben Bernanke]] who is "throwing gasoline on a fire".<ref>http://www.youtube.com/watch?v=zzTXaAXusiI</ref>.  Under President Obama the American government's share of the national gross domestic product has significantly increased.<ref>http://www.youtube.com/watch?v=kABRyZdQXGw&eurl=http%3A%2F%2Fwww.breakingnews.com%2Fvideo%2Fdick-morris-obamas-waterloo&feature=player_embedded</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 refer 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>  In February of 2010, concerning the [[Obama administration]]'s [[monetary policy]], the world renowned investor Jim Rogers says the [[European Union]], [[China|Chinese]], and [[Australia|Australian]] central bankers are more competent and honest than [[Federal Reserve]] Chairman [[Ben Bernanke]] who is "throwing gasoline on a fire".<ref>http://www.youtube.com/watch?v=zzTXaAXusiI</ref>.  Under President Obama the American government's share of the national gross domestic product has significantly increased.<ref>http://www.youtube.com/watch?v=kABRyZdQXGw&eurl=http%3A%2F%2Fwww.breakingnews.com%2Fvideo%2Fdick-morris-obamas-waterloo&feature=player_embedded</ref>   

[[Wall Street]] firms and banks that were bailed out were among Obama's biggest campaign supporters.<ref>http://www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00009638</ref>  Therefore, the Obama administration bailouts of corrupt, unproductive, and reckless Wall Street firms was hardly surprising, although it certainly was not helpful in making the United States economy more productive and prosperous.  A 2005 study found that government corporate bailouts are often done for mere political considerations and the economic resources allocated exhibit significantly worse economic performance than resources allocated using purely business considerations.<ref>http://papers.ssrn.com/sol3/papers.cfm?abstract_id=676905</ref>

[[Wall Street]] firms and banks that were bailed out were among Obama's biggest campaign supporters.<ref>http://www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00009638</ref>  Therefore, the Obama administration bailouts of corrupt, unproductive, and reckless Wall Street firms was hardly surprising, although it certainly was not helpful in making the United States economy more productive and prosperous.  A 2005 study found that government corporate bailouts are often done for mere political considerations and the economic resources allocated exhibit significantly worse economic performance than resources allocated using purely business considerations.<ref>http://papers.ssrn.com/sol3/papers.cfm?abstract_id=676905</ref>