Fascism is statism that embodies corporatism. Corporatism is an economic structure under which private ownership of the means of production is tightly controlled by the state. In other words, individuals can own and run businesses, but the Leader decides how to use the profits.

In an interview with Glen Beck, Thomas Sowell, a superb economic thinker, said that’s exactly what Obama is implementing in the USA. The President’s goal is to change the basic political and economic structure of the country as fast as he can. Hail, Obama! We love the Dear Leader and the Dear Leader loves his people, who happen to be Kenyan Muslims. Read more >

Environment minister Jairam Ramesh asserted on Sunday in the presence of visiting US secretary of state Hillary Clinton that India would never take legally binding commitments to cut down on emissions.

“India’s position is clear and categorical that we are simply not in a position to take any legally binding emissions reductions,” Ramesh said at conference on climate change he addressed along with the visiting secretary of state to mark the opening of ITC’s Green Centre building in Gurgaon.

His remarks came against the backdrop of growing pressure on India and China from the US-led bloc of developed countries to take quantifiable targets to reduce greenhouse gas emissions. Prime Minister Manmohan Singh alluded to the growing US insistence that India relent on its stand not to accept targets.

Ramesh drew the red lines clearly. “There is simply no case for the pressure that we, who have been among the lowest emitters per capita, face to reduce emissions. And as if this pressure was not enough, we also face the threat of carbon tariffs on our exports to countries such as yours.”

Read India will not take on emission cut targets, Jairam tells Hillary

A chain letter addressed to President Obama from (apparently) a fourth grade teacher in Missouri gives us hope that America may survive the destruction wrought by the Obama regime. It is entirely possible that Obama is but a couple of speeches away from being exposed for the arrogant know-nothing pompous Marxist ideologue that he is. His economic policies and favor-dispensations to ideological buddies are bound to irk many voters. One day we’ll wake up and everybody will know it and the media won’t be able to run cover for him any more. Obama will be just another bumbling socialist, Jimmy Carter with big ears.

The White House
1600 Pennsylvania Avenue NW
Washington , DC 20500

Mr. Obama:

I have had it with you and your administration, sir. Your conduct on your recent trip overseas has convinced me that you are not an adequate representative of the United States of America collectively or of me personally. You are so obsessed with appeasing the Europeans and the Muslim world that you have abdicated the responsibilities of the President of the United States of America.  You are responsible to the citizens of the United States.

You are not responsible to the peoples of any other country on earth. I personally resent that you go around the world apologizing for the United States telling Europeans that we are arrogant and do not care about their status in the world. Sir, what do you think the First World War and the Second World War were all about if not the consideration of the peoples of Europe? Are you brain dead? What do you think the Marshall Plan was all about? Read more >

Watch a master demagogue in action as the Leader tells “his people” that he does not want to run the auto industry, even as he details how he will run it. He will appoint his friends to the Board of Directors. He will dictate engineering criteria (green). He will decide how many plants to close but not which ones (his Board appointees will ensure “friendly plants stay open”). He will hire, fire and set executive salaries (witness the firing of Rick Wagoner as CEO of General Motors and the AIG clawback of earned bonuses). He will select automobile colors (white reduces “climate change”).  Other than that, he will stay out of the way!

Barack Obama took his wife out on a $20,000 date in New York City. Some Conservatives are upset over that. Compared to trillions of dollars for banking fees, medical bills and “climate change” regulations, jointly known as TARP (Troubled Asset Relief Program), this ain’t much. For good measure, Obama threw some change into the Auto Workers Union’s tip jar,  bringing the total amount of funds pledged to the auto industry to $110 billion. To be fair, the Bush administration started the bailouts rolling, but against the lofty new standards the Bushies come across as down right miserly.

On Monday, the Obama regime committed $30 billion to General Motors as it filed for bankruptcy. The additional $30 billion brings the government’s contribution to General Motors’ “former employee health and pension fund” to $50.7 billion (read ProPublica’s report). Separately, the regime committed $15.5 billion to Chrysler. GMAC and Chrysler Financial Services have received pledges of $14 billion. $3.5 billion will go to General Motors part suppliers and $1.5 billion for Chrysler auto suppliers. Read more >

In a style reminiscent of the Third Reich, Obama celebrated his first 100 days in office. The media sycophants tripped over each other with accolades. The Leader graced his people with speeches and smiles. The government presses kept busy minting more money to better bind the people to Him. The alphabet networks called him the greatest president ever, the savior of the common people, just a regular guy who can eat hamburgers with the rest of us. Wow!

In the midst of all the hoopla, we received via email, without attribution, a pictorial ranking on a different scale. It is worth sharing. Below is a ranking of the world’s greatest disasters. Here too, Obama is a winner. Just click on a thumbnail to enlarge the image and read the details.

[Show slideshow]

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A license to print money has definite advantages. The Obama administration understands the power of the minting press. They have embarked on an unparalleled feeding frenzy and have invited all their friends to the trough. If you are not a fanatic Obamanation cult member, you don’t even get to eat the crumbs under the table. No matter how many new dollar bills they print, you get bubkas.

Newt Gingrich identifies some winners and losers in Obama’s remade America.

Are You an Obama Winner? Or an Obama Loser?
by  Newt Gingrich
05/06/2009

If there was one feeling that inspired almost a million Americans to come out for the Tax Day Tea Parties last month it was this:  That our government, supposedly created of the people, by the people and for the people, is busy picking winners and losers.

The feeling that our politics are increasingly rigged against us didn’t begin with President Obama.  Deciding to bailout Wall Street rather than let deserving companies go bankrupt began under President Bush.

But the Obama Administration has elevated rewarding some Americans and punishing others to a governing philosophy.

And as he has expanded the size and the scope of government, President Obama has only increased his ability to reach into our businesses, our communities, and even our homes to separate Americans into two groups:  Those who will benefit from the new order, and those who will pay the bills.

What follows is just a partial list of the winners and losers of the Obama Administration so far, organized by the government policies that will decide their fate: Read more >

New York Times (NYT) 5 Year Stock Chart - High: $47.00 Low: $3.44

President Obama, Ben Bernanke and Warn Buffett declared “war on the economy.” The economy is losing. It is simply not possible for the Fed to borrow trillions of dollars, driving interest rates up, simultaneously printing trillions to push rates back down to the .25% target, without diluting the cash savings of individuals and inflating the prices of everything else. Yet, in the trenches, life goes on. The troops follow old routines as if nothing has changed.

Investors are sitting on cash as a defensive strategy, just like they have always done, unaware that the forces unleashed by Obama’s “war on the economy” are bound to reduce the value of cash on hand. As the newly minted money trickles down from the political classes, through their Wall Street buddies, to main street, there will be twice as many pieces of paper chasing the same assets. Shouldn’t we all be buying assets now, before the wave of Bernanke dollars washes ashore? Read more >

This is getting better by the minute. Founding Bloggers kept their own cameras rolling after CNN turned theirs off. Don’t miss the good parts. Watch the entire video. You almost feel for the entrapped Roesgen. Almost. Clearly people are angry at Obama’s money grab, and that is a good thing.

Oh no, corporate executives seeking profit!? We can’t have that! In a long winded speech that says little about specific policies, then President Elect Obama exposed his extremist world views, fanning the flames of class envy. It is the beginning of the end.

During the campaign the President stated that America cannot continue to consume 25% of the world’s resources when it makes up only 3% of the world’s population. “You think the rest of the world will just sit back and let us continue to set the thermostat at whatever temperature we like?” He asked. Of course he forgot to mention that America also produces 28% of the world’s goods and services. America uses resources effectively!

Obama plans to reduce American resource consumption from 25% to 3%. That will obviously cause a corresponding drop in the Dow. So let’s see, 3 is 12% of 25. 12% of 10000 is 1200. That is were the Dow will be by the time Obama is done.

The CBC has a standing invitation for Stephen Harper to participate in a bizarre ritual they call an “interview.” In the ceremony a CBC “interviewer” uses a sledgehammer to beat the sacrificial Conservative to pulp. How smart is Harper? He has yet to accept.

The Canadian economy is performing surprisingly well relative to the rest of the world. You would think that the Prime Minister would get some credit for, at a minimum, not aggravating a bad situation. Read more >