General Electric has announced the following:
In a letter this week, GE’S Immelt told shareholders that current events present an “opportunity of a lifetime,” because “capitalism will be ‘reset.’ ”
Immelt wrote: “The interaction between government and business will change forever. In a reset economy, the government will be a regulator; and also an industry policy champion, a financier, and a key partner.”
Of course there has been no vote on this, it is just an agreement between big business and big government. Immelt's description of the polity is precisely the definition of fascism. The Bush family set it up, and at best it can be said as president Obama is playing the dupe to institute it under a liberal banner.
Tim Carney has an interesting take...
Tuesday, March 3, 2009
Fascism Exactly
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