The Patriot Post® · Obama Threat to Capitalism

The battering of freedom, faith and the economy under Barack Obama has been relentless. It has been a busy first term for the President. Obama is learning that no man, president or king, can neither dictate faith nor douse the flames of freedom in America. Obama’s severest blow to the nation has been, thus far, economic. As one destructive regulation after another emanate out of the Obama White House, businesses across America realize that they are under siege. Question: What is it about free-market capitalism that Barack Obama so dislikes? The answer: It isn’t socialism.

Socialism is the government forcibly taking from those who have earned what they have and giving it to others. Crushing initiative, innovation and self-reliance, it foments class envy, racial strife and government welfare as it devours a nation. A Socialistic government controls the economy, property and natural resources to the exclusion of individual prosperity and achievement. Socialism leads to other oppressive forms of government. Communism requires class warfare. Nazism requires race warfare. Socialism requires a combination of both class and race warfare. All suppress rights and freedoms. If left unchecked, all lead to fascism with government’s iron-grip controlling all facets of life, both public and private.

If given a second term, Obama will finalize his attack on American capitalism, replace it with a repressive form of Socialism and finish the job he has begun. Free-market capitalism is the opposite of oppressive systems. Unlike Obama’s economic policies, free-market capitalism is the real “stimulus” for jobs and national growth. So, what is the appeal of Socialism to Barack Obama? For starters: Control. Power. Authority over who succeeds in the marketplace. Limitation of rights to those voicing opposition and elimination of Constitutional checks and balances by the judicial and legislative branches of government. Obama’s ultimate goal is to bring America, its citizens, its resources, its laws, its courts and its Constitution under a one-world, socialistic government. First, he must kowtow the American people. If re-elected, that strategy will emerge in 2013 to be implemented by his 40-plus politburo of unelected Czars.

Seeking to grow big government, Obama calls for more government jobs. He callously brushes off the anemic, over-regulated private jobs sector as he declares it is “doing fine.” Stanley Kurtz of National Review reports that Obama’s hostility to free-market capitalism was evident in the mid-1990s: “On the evening of January 11, 1996…Barack Obama formally joined the ‘New Party,’ which was deeply hostile to the mainstream of the Democratic Party and even to American capitalism. In 2008, candidate Obama deceived the American public about his potentially damaging tie to this third party.”

What this president cannot hide is his penchant for crony capitalism. He has been quick to award business contracts and “redistribute” tax monies to his friends and political cronies. Evidence of that are his disastrous forays into monumental “green” failures. CBS News reports that, “At least 12 of Obama’s favored clean energy companies are in financial trouble after being collectively approved for more than $6.5 billion in federal assistance. Five have filed for bankruptcy.” Bankrupt Solyndra reportedly shed $528 million and 1100 jobs in 2 years. Is Obama’s Justice Department doing an earnest forensics audit of these companies’ books to follow the money? Will the White House continue to ignore Congressional subpoenas and withhold documents amid speculations that possible illegalities may lead to political slush funds? Are Obama’s cliquish pet-projects-among-friends above the law?

A powerful element of Socialism is that those in power can be selective about enforcement. Earlier this year, it was revealed that Obama’s EPA Region 6 administrator, Al Armendariz, gave a 2010 speech about his “philosophy of enforcement” against business owners that are not compliant with the Obama administration’s stringent regulations: “It’s kind of like how the Romans used to conquer little villages… They’d go into little Turkish towns, they’d find the first five guys they’d run into, and they’d crucify them and then, you know, that town was really easy to manage over the next few years.” Then, there is Ron Bloom, Obama’s first Manufacturing Czar, who held powerful influence with the President, who said on video, “Free enterprise is nonsense.” Additionally, Bloom commented that: “We kind of agree with Mao [murderous Communist Chinese dictator Mao Tse-tung] that political power comes largely from the barrel of the gun.” And, as always, there is Van Jones. Jones is the hand-picked, self-professed Communist who Obama chose to head-up his national green jobs initiative that is at the heart of Obama’s economic “recovery.” What is it about a self-professed Communist, anti-capitalist, heading up his national jobs recovery plan that Obama does not get? Is it ignorance or premeditation? Revealing a pattern that is anti-business and deemed politically risky during Obama’s bid for re-election, all three men have been eased out of their positions under Obama.

One of Obama’s staunch supporters, leading Senate Democrat Charles Schumer (NY-D) inadvertently warned American tax-payers and businesses of what is to come if Obama is re-elected. In regard to increased taxes on the rich, Schumer declared, “You’ve got to start somewhere,” signaling that higher taxes on middle-income Americans will be levied post-election. If history is any judge, Obama will dole out middle-income tax revenues to big unions and crony capitalists while leaving government fraud and waste unchecked. Schumer and his fellow Progressive-Democrats refuse to acknowledge that when rising taxes exceed the capacity for businesses and citizens to pay, the money eventually runs out for all dependent on government – including government workers and civil union employees such as police and fire fighters. Under Obama’s plan, all will eventually share the equal deprivation that is Socialism.

In The Freeman Ideas on Liberty, published by The Foundation for Economic Education, Mark J. Perry wrote:

“Socialism is the Big Lie of the twentieth century. While it promised prosperity, equality, and security, it delivered poverty, misery, and tyranny. Equality was achieved only in the sense that everyone was equal in his or her misery. In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may show early signs of success. But any accomplishments quickly fade as the fundamental deficiencies of central planning emerge. It is the initial illusion of success that gives government intervention its pernicious, seductive appeal. In the long run, socialism has always proven to be a formula for tyranny and misery.”

The axiom that, “Insanity is doing the same thing over and over and expecting different results” does not apply to the Obama administration. By doubling down on its failed programs and policies, it is getting exactly the results it wants – the transfer from free-market capitalism to socialism. That it does so in pursuit of unrestricted power reveals that Obama elevates his socialist ideology above the well-being, prosperity and security of all Americans.

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RELATED INFORMATION: YouTube – Barack Obama aligns with U.N. for a Socialistic, one-world economy at the expense of America’s sovereignty. Click here.

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Sharon Sebastian (www.DarwinsRacists.com) is an author, writer, and contributor to various forms of media including cultural and political broadcasts, print, and online websites. In addition to the heated global debate on creation vs. evolution, her second book, Darwin’s Racists — Yesterday, Today and Tomorrow, highlights the impact of Social Darwinism’s Marxist/Socialist underpinnings on the culture, the faith and current policy out of Washington.