Socialist Agenda Continues Under Obama

By Dick Morris,Newsmax

 After Healthcare Obama has other socialist proposals in mind

After Obama succeeds in jamming healthcare changes down the collective throats of his embattled constituents,his next move will be to bring overt socialism to the United States in the guise of regulatory reform.

The legislation he seeks to pilot through the Senate (it already passed the House) literally gives the Secretary of the Treasury the power to seize any company in any sector which,in his judgment,is in danger of insolvency and whose failure would cause systemic damage to the national economy (aka too big to fail).

Once the government has seized a private business under this horrific law,the Secretary of the Treasury is empowered to fire its management,replace its board of directors,wipe out the equity of its shareholders,and close any divisions or parts of it he wishes. Fidel Castro and Hugo Chavez would envy such power.

Exploiting concerns that another global meltdown might be around the corner,the Obama legislation effectively brings socialism to the United States.

There’s no other term for it.

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5 comments to Socialist Agenda Continues Under Obama

  • James in Texas

    Obama might want to press on with his socialist agenda but after Scott Brown's stunnning victory in MA I seriously doubt that Obama has the clout to get others to follow him off a cliff.

    http://www.youtube.com/watch?v=ZtcWU1lyssk

  • Cabby - AZ

    Time is of the essence for Americans who want to remain free. Obama has had
    this socialist agenda from Day One and he (backed by the power brokers who
    share the same ideology) is undaunted and will advance his agenda regard-
    less of the Mass. victory by Republicans. This may well be the most dangerous
    year in American history. When one is cornered or feels threatened,one will
    often take drastic action out of desperation. This administration needs to be
    watched diligently in the coming months!

  • PCro

    Fidel Castro and Hugo Chavez should only be looked at as the way to not do things. Socialism,Marxism,Communism,or whatever you call it is a proven failure as these losers exemplify. Capitalism works,unless of course the desired result is a self centered dictatorship;the heck with the citizenry. Obviously this president,and his lemmings,are doing everything wrong,and that's why he wallows in the muck on a continual basis.

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