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Originally Posted by fire121
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You beat me to it Fire. The first paragraph says it all.
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June 8 (Bloomberg) -- I’ve finally figured out the Obama economic strategy. President Barack Obama and his team have been having so much fun wielding dictatorial power while rescuing “failed” firms, that they have developed a scheme to gain the same power over every business. The plan is to enact policies that are so anticompetitive that every firm needs a bailout.
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Is there any doubt about this is what is happening? It may or may not be intentional but it is what is happening nonetheless. I guess the answer depends on your view of Obama. Does he have a master plan to bring as much socialism to the US as possible in 4 years and is executing it flawlessly, or does he really believe in capitalism but has crappy plan execution. I think he wants to bring as much socialism as he can, as fast as he can, and so far he is doing a darn good job at executing his plan.