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Location: Pantego, Texas, United States

Thursday, July 02, 2009

A lot of people think that Wal Mart represents a capitalist success story. But to a large extent the Wal Mart success is a story of Corporatism. It is no suprise that Wal Mart joins companies such as GE, Shell Oil, BP, Duke Power, etc. in hopping on the Obama bandwagon. They know Obama is a fascist, and they are willing to cede control to him for the regulatory and other advantages that working with him will gain for them over their competitors. This is an example of the danger of fascism to free market capitalism. Here is a discussion of why Wal Mart has signed onto Obama's public option health care plan.

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