Fascism in the Modern world!

Why bring up an archaic economic / political system in today's world? First lets examine Fascism in its actual definition. We have imposed a false definition of Fascism to be synonymous with Nazism. That is not what Fascism is and never was. The Nazi's adopted Fascism to split the difference between the socialism that was prevalent in Europe and the threat of communism which was gaining popularity. Among the nations in the 1930's who had adopted Fascism were Italy, Germany, Spain, and Greece.

So what is fascism? Fascism is an economic system that gives the facade of free markets but is actually controlled by government. It took the form of private ownership of business but government control of labor, production, distribution, and credit (Flow of money). They first eliminated small businesses by setting minimum funding requirements, abolishing all small business that did not meet these minimum standards. They then took virtual control of private business by setting up "Advisory" boards that controlled everything from wages to production. The government decided who worked where and what they were to be payed and what products they had to produce.

Fascism also virtually took control of business and private property by making the rule that all activity of a business or private individual had to be done with the good of the masses as the first priority.

So why bring this up now? Glad you asked. We currently have a President of the United States that has fired the CEO of one of our major manufacturers and replaced the board of directors with a hand picked group. The new CEO has said that his new boss would be the "Automotive task force". His reall boss should be the stockholders (owners of the company). This automotive task force has also decreed at the order of the President that in the future General Motors will have to produce "Green Cars" that no one wants to buy. So we have the government control of private business, the means of production, wages through the National Labor Relations Board and the flow of money to General Motors.

This brings us to the banks. The Government through the Treasury department and the Federal Reserve board has effectively taken control of the banks. In order to accomplish this they did not need to take over all banks. By controlling the larger banks IE Citigroup, Bank of America, Morgan Stanley Chase. They can take virtual control of all other banks. This is because of the methods used to flow the money supply from the Federal Reserve bank to the smaller banks. As long as the government has the TARP money in the larger banks they control the flow of money to private enterprise. So far the government is refusing to allow the Banks to repay the TARP money guaranteeing the government control of the banks.If the current trend in the United States continues using crisis after crisis to take more and more of our liberties and taking more and more control of our economy we will end up in a full fledged Fascist system. Here is a link to a good explanation of Fascism and the eventual outcome of such a system.
http://www.econlib.org/library/Enc/Fascism.html