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To: CTrent1564
"So according to you, all forms of business regulation and rules that relate to Industry are “facist”." ...full and fair disclosure in Annual Reports is “facist” Having appropriate regulatory oversight over Accounting and Reporting principles is “facist”. So all forms of Regulations are “facist”

No.

"Requiring Health Care coverage is facist."

Yes.

"Facist policies involve controlling private industry for the good of the state, while allowing limited private ownewrship of Industry from those in the private sector. But the dictates of what is to be produced is from the state.

Fascism is socialism with limits on democratic corrective action. That includes limits that might be imposed by a democratic majority.

"So by your definition, Ronald Reagan giving targeted investment tax credits and R&D credits, etc for firms in the Defense Industry would also be “facist” as he used federal tax laws and policy to direct billions of federal dollars toward defense related industries.

Depends on the details... The only legitimate justification for govm't is to protect rights. Defense is a legitimate purpose. The spending depends on the scale of the threat to freedom only. Denying freedom to protect freedom is ridiculous.

191 posted on 07/01/2012 10:19:41 AM PDT by spunkets
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To: spunkets

spunkets:

Ok, so at least you are not for no regulations and rules of law in the market place, so banking regulation, the Securities and Exchange Commission, etc do form legitimate roles in making sure insider trading and fraudulent behavior is curtailed, to some degree, and those are part of the Federal Government’s laws and dictates.

Now, lets look at Health Care coverage and Reagan’s policies. Reagan did in fact cut the Corporate tax rate and Individual tax rate [a good thing] but he did proceed to put more money in defense than the baseline that the Pentagon established during that era and federal spending as a % of GDP under Reagan was over 22% versus the historical mean fo 20% for the 30 year period from 1970 to 2009. I think Obama is now approaching 28% of GDP, which is unsustainable. Now, I agree the role of the Federal Government is for National Defense, but lets also realize that Reagan did lower Corporate Tax rates while simultaneously increasing Defense to levels we have not seen since WWII so Defense industries and Stocks directly benefited from Reagans Policies.

I have no problem with trying to reform Health care, which is now approaching 20% of the U.S. GDP, so the ends of Health Care Reform does not bother me, I think it is a good think, it is the means to th end that I don’t like which is the Obama model of Health Care.

I think Nixon’s plan was a good one and had Watergate not occurred, I think Nixon’s policy would have been passed and we would not be dealing with Obamacare today.


192 posted on 07/01/2012 12:06:57 PM PDT by CTrent1564
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