Monday, September 7, 2009

Obama and Depression

Obama is accused of making the same mistakes that took the US into Depression during an infamous decade of fascism, the 1930s.

Edmund Conway’s article on the Telegraph.co.uk site even claims the US administration’s policies – allegedly servicing the interests of international banking cartels rather than the national economy – resemble those which bounced Argentina from a first- to third-world country under national-socialist Juan Peron.

Indeed, such fascism seems to be manifesting in different ways both here in the UK and in the US in these recessionary times.

That critics of Obama are automatically branded as racist, terrorist, or both, is an indication of stifled debate and debased democracy.

[Via http://russellcavanagh.wordpress.com]

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