Quote:
Originally Posted by onwebcam
It's not Fascism it's called
Despotism
Despotism is a form of government by a single authority, either an individual or tightly knit group, which rules with absolute political power.
http://en.wikipedia.org/wiki/Despotism |
Actually what is happening is called corporatism and is quite common in Asia and Europe where the government has a very large influence over the private sector (think Japan).
Of course it flies in the face of everything that the US is and should be a about. Not surprisingly it was a HUGE mistake to allow the treasury to have a $700 billion slush fund to dole out to whomever is favored by the powers that be. The result is not very surprising with every corrupt state bureaucrat and incompetent CEO greasing their favorite federal politician to try and get a piece of the action.
