Fascist America

Fascism: "...stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition."

Senate Passes Fascist Financial Regulation Bill: "Restoring American Financial Stability Act of 2010"/"Wall Street Reform and Consumer Protection Act of 2009" - (S.3217/H.R.4173)

"The legislation requires that any business that extends credit, in any form, to clear the loan instrument in advance with the new consumer protection agency."( Link )

"The secretary of the Treasury can arbitrarily seize any financial company (bank or nonbank) because, he decides, it is too big to fail and in danger of insolvency.": "This power can be used for political retribution, pressure for campaign funding, or any other abuse bureaucratic whim or partisan politics can conceive." ( Link )

Try to buy anything on credit and you must wait for a Federal bureaucrat to approve the contract!

More reading: Barack Obama, the Quintessential Liberal Fascist, American Jeopardy: What is Fascism?