Sorry, I do not view govt. take over of health care and private enterprise as nit picking. THese things are govt controlled now.
What you are arguing with the dictionary. the word itself, and you are using peoples interpretation of that word, IE 14 characteristics of fascism as the definition. That is not the definition.
Obama’s administration is keeping open the option of forcing management changes at banks getting substantial government aid following the release of “stress test” results.
White House press secretary Robert Gibbs said yesterday that federal officials will want to make sure that financial institutions determined to have insufficient capital have a sustainable plan to go forward.
“The government has, in each of the current and past administrations, weighed in on changes at the CEO level and at the board of directors level” at auto companies and financial institutions needing federal aid, Gibbs said at a White House briefing. In those cases the government wanted to make sure “that the management was in place to remedy the situation and ensure long-term viability without continued government assistance.”
The message was reinforced by Treasury Secretary Timothy Geithner. “We’ll have to make judgments about whether the quality of leadership of those boards is strong enough so that again our interests are met best,” Geithner said in an interview with Charlie Rose broadcast last night on PBS.
“As the government increases its direct ownership stake in these banks, it gets harder and harder to make the case that the government shouldn’t have some say,” Ely said.
"The “judgment call” on whether to fire the CEOs of bailed-out banks should be made by the regulators, not the White House, said William Isaac, a former Federal Deposit Insurance Corp. who now is head of Secura Group, a consulting firm in Vienna, Virginia. "
taken from http://www.bloomberg.com/apps/news?pid= … gMvyRoFoP0
not really sure how you can not come to the conclusion that this is govt. taking over.
and per the definition of fascism a govt. controlling private industry is fascist. Really no way around that. except through emotional outbursts of Hitler and Mussolini references, which I am not referencing.
What you are arguing with the dictionary. the word itself, and you are using peoples interpretation of that word, IE 14 characteristics of fascism as the definition. That is not the definition.
Obama’s administration is keeping open the option of forcing management changes at banks getting substantial government aid following the release of “stress test” results.
White House press secretary Robert Gibbs said yesterday that federal officials will want to make sure that financial institutions determined to have insufficient capital have a sustainable plan to go forward.
“The government has, in each of the current and past administrations, weighed in on changes at the CEO level and at the board of directors level” at auto companies and financial institutions needing federal aid, Gibbs said at a White House briefing. In those cases the government wanted to make sure “that the management was in place to remedy the situation and ensure long-term viability without continued government assistance.”
The message was reinforced by Treasury Secretary Timothy Geithner. “We’ll have to make judgments about whether the quality of leadership of those boards is strong enough so that again our interests are met best,” Geithner said in an interview with Charlie Rose broadcast last night on PBS.
“As the government increases its direct ownership stake in these banks, it gets harder and harder to make the case that the government shouldn’t have some say,” Ely said.
"The “judgment call” on whether to fire the CEOs of bailed-out banks should be made by the regulators, not the White House, said William Isaac, a former Federal Deposit Insurance Corp. who now is head of Secura Group, a consulting firm in Vienna, Virginia. "
taken from http://www.bloomberg.com/apps/news?pid= … gMvyRoFoP0
not really sure how you can not come to the conclusion that this is govt. taking over.
and per the definition of fascism a govt. controlling private industry is fascist. Really no way around that. except through emotional outbursts of Hitler and Mussolini references, which I am not referencing.