Capitalism vs Marxism in 2012 in the US

The alternate media must warn the populace that Obama is implementing policies which can bring about Marxism here. Explain what this means to our nation and the difference between a Capitalist and Marxist economy. A relevant context may be:

• BO directed export import bank to provide a $2 billion loan to Brazil (guaranteed by the US) so they can drill where BO forbids US companies to drill. Can anyone justify BO here? BO publically stated that he wants US to be Brazil’s best customer. What about US energy corporations that hire US workers?
• Rumor has it that GE will relocate an XRAY division from Wisconsin to China and invest $2 billion there. GE CEO Jeff Imelt is head of BO Jobs council. Indications are that BO is ok with this.

What can explain these two scenarios?

There are 2 complementary ideologies that I believe are inspiring Obama:

1 – global wealth distribution: BO still views both Brazil and China as a “have not” nations. The “haves”, per Saul Alinsky and thus his key disciple BO, ripped off the “have nots”. The US is still the worlds #1 “have” per BO. So the policy is global wealth distribution.

2- Marxist US Economy: Saul Alinsky advocated destruction of current economic system and creating a new one – his updated version of Marxism. BO subscribes to this version of “creative destruction”. I define it as purposely totally destroying the US economy with propaganda that capitalism does not work anymore.

** What can we do? Explain this to friends, relatives and acquaintances. Risk being called a conspirator and a loon. I have been but have also opened some minds. Also encourage the alternative media to expand on this message that BO is a Marxist out to replace our economic system with his version. That is “change we can believe in”. Let us reach out to Mark Levin and Sean Hannity this week regarding this.

“Rules For Radicals” by Saul Alinsky


About economics501

1 - free market Capitalist; 2 - Fitness Entrepreneur; 56 years old, VP at an Investment Bank in NYC, ex Venture Capitalist, happily married with 2 girls. Education: Rutgers and NYU. I allow Ted Hruzd, my friend to blog at will here. He has many posts here. I have known Ted since we were both students at NYU. Ted also works for an Investment Bank as a VP in Equity Global Markets. ------------------------- I was very very Socialist leaning as a 22 year old. I then strongly believed in Gov role in helping the poor. However, as a USDA Child Nutrition Programs, I personally accounted for millions of fraud, abuse, and waste of tax payer money. I came to believe that the poor would be best served with less Gov programs and more with direct aid via tax system. Then after 5 years I became a free market capitalist, was a venture capitalist in 2007 and helped start 2 high tech companies. I dedicate this site to champion free market capitalism as the best road to Prosperity. Please join in. If you disagree, fine, but please post with dignity and class and be civil. Argue with facts always.
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