Wanna see Fascism at work?

This is Fascism. I would like for any Liberal, Progressive, Communist, Socialist or Democrat point out where in the Constitution the Federal Government has the power to do this.

Then explain to me how this is NOT Fascism.

"NEW YORK (AFP) - The Federal Reserve would be required to approve salaries for tens of thousands of US bank workers, as part of a plan to curb risk-taking at financial institutions, The Wall Street Journal reported Friday.

"The Fed's plan would, for the first time, inject government regulators deep into compensation decisions traditionally reserved for the banks' corporate boards and executives," the report said.

The proposal would see the Fed empowered to ban any compensation policies it believes encourage bank employees -- from chief executives, to traders, to loan officers -- to take too much risk.

"Bureaucrats wouldn't set the pay of individuals, but would review and, if necessary, amend each bank's salary and bonus policies to make sure they don't create harmful incentives," the report added."


6 Answers

  • 1 decade ago
    Favorite Answer

    The problem is most people don't know what Fascism is. So to help those people out I included the definition.

    A political philosophy, movement, or regime (as that of the Fascisti) that exalts nation and often race above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition.

    So fascism exalts nation over the individual. In other words a Fascist government might make a commercial with Hollywood celebrities pledging their allegiance to the President and promising to serve him.

    I think you covered the economic regimentation pretty well so I'll skip it.

    Fascist governments impose social regimentation. For instance they might attempt to control how much energy people can use in the name of the environment. Or attempt to take control of the health care system so that they would have control over every aspect of our everyday lives.

    And last but not least forcible oppression of opposition. We're not quite there yet, but accusing all opposition of racism is only the first step.

    Any of this sound familiar?

  • Anonymous
    1 decade ago

    I'm wondering if you can properly defined what fascism is?

    I ask this because it is very apparent that republicans have the same definition for socialism, communism and fascism (which is on the extreme right).

    Fascism is the belief that one group (their race or identity) must hold and control the power, means and capital over all other groups. As the belief implies, those outside the group are a threat, and in order for their identity to have a guarantee of survival and to be prosperous, it must insure that the rest not survive or be of any threat. Fascist oppose abortion within their own, but favor and encourage it among others. Nationalism and xenophobia is the corner stone of their political rhetoric. Economically fascist are both capitalist and imperialist, with strong support for government.

    Furthermore the constitution doesn't imply anything about what your suggesting.

    @Casey below

    it is obvious that you have no intellectual honesty, and would spin and distort meaning to some how contaminate it to the point of polluting understanding of the facts. While at the same time taking the opportunity to also attack the universal health care reform proposal. Your mixing facts with lies to confuse the reader, I hope they are wise enough to double check for them selves from a non-partisan source.

  • peking
    Lv 6
    1 decade ago

    <ignores use of completely irrelevant term 'fascism'>

    The constitution doesn't say anything about the Federal Reserve at all - the Fed was established in 1913. Have you read the constitution? You should. It grants Congress the power to coin money and control weights and measures. The constitution is not an exhaustive job description.

    And overall, if we're footing the bill to prop up failing private corporations, then as a taxpayer I have no problem with us telling them how they can spend the money.

  • Anonymous
    1 decade ago

    Actually, entities such as the Federal Reserve can do such a thing in Fascist Nations so they are allowed to do that here. Get in the now...we are under a fascist government that can fire CEO's, pass large tax hikes over night (Cap and Trade), intimidate you into getting on their health care plan and watch your every move while you are on the Internet. The constitution is only useful for those who like to see our history at the Smithsonian.

    We let our government become very Orwellian.

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  • Anonymous
    1 decade ago

    didn't risk taking lead to some depressions?

  • 1 decade ago

    That isn't Fascism...

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