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	<title>Velvet Howler &#187; mortgage crisis</title>
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	<link>http://velvethowler.com</link>
	<description>So much more than you wanted.</description>
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		<title>Chomsky on the&#160;Economy</title>
		<link><![CDATA[http://www.youtube.com/watch?v=kTtPYM8RSDE]]></link>
		<comments>http://velvethowler.com/2008/10/21/chomsky-on-the-economy/#comments</comments>
		<pubDate>Tue, 21 Oct 2008 16:29:38 +0000</pubDate>
		<dc:creator>Mark Elliot Cullen</dc:creator>
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		<category><![CDATA[Chomsky]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[mortgage crisis]]></category>
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		<description><![CDATA[Chomsky on the credit crisis. 

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			<content:encoded><![CDATA[<p>Chomsky on the credit crisis. </p>

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				<content:encoded><![CDATA[<br />&nbsp;<a href="http://velvethowler.com/2008/10/21/chomsky-on-the-economy/">&#9733;</a>&nbsp;<br />]]></content:encoded>
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		<title>The Economics of&#160;Fascism</title>
		<link><![CDATA[http://en.wikipedia.org/wiki/Economics_of_fascism]]></link>
		<comments>http://velvethowler.com/2008/09/29/the-economics-of-fascism/#comments</comments>
		<pubDate>Tue, 30 Sep 2008 02:18:56 +0000</pubDate>
		<dc:creator>Mark Elliot Cullen</dc:creator>
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		<category><![CDATA[economics]]></category>
		<category><![CDATA[fascism]]></category>
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		<description><![CDATA[Wikipedia on The Economics of Fascism: 

<blockquote>
  Fascism also operated from a Social Darwinist view of human relations. Their aim was to promote “superior” individuals and weed out the weak.[15] In terms of economic practice, this meant promoting the interests of successful businessmen while destroying trade unions and other organizations of the working class.[16] Historian Gaetano Salvemini argued in 1936 that fascism makes taxpayers responsible to private enterprise, because <strong>“the State pays for the blunders of private enterprise… Profit is private and individual. Loss is public and social.“</strong>[17]
</blockquote>

So that we&#8217;re all aware, we&#8217;re not looking at a socialist economic bailout, but a <em>fascist</em> one.

<em>Note: <a href="http://www.velvethowler.com/author/admin/">Bryan</a> posted this already in the <a href="http://www.velvethowler.com/2008/09/26/fascism-1975-and-1993/#comment-3812">comments section</a>, but I think it&#8217;s extremely relevant to our current national predicament so I&#8217;m posting it again. Plus I think Digg and Reddit are going to eat this up.</em>
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			<content:encoded><![CDATA[<p>Wikipedia on The Economics of Fascism: </p>

<blockquote>
  <p>Fascism also operated from a Social Darwinist view of human relations. Their aim was to promote “superior” individuals and weed out the weak.[15] In terms of economic practice, this meant promoting the interests of successful businessmen while destroying trade unions and other organizations of the working class.[16] Historian Gaetano Salvemini argued in 1936 that fascism makes taxpayers responsible to private enterprise, because <strong>“the State pays for the blunders of private enterprise… Profit is private and individual. Loss is public and social.“</strong>[17]</p>
</blockquote>

<p>So that we&#8217;re all aware, we&#8217;re not looking at a socialist economic bailout, but a <em>fascist</em> one.</p>

<p><em>Note: <a href="http://www.velvethowler.com/author/admin/">Bryan</a> posted this already in the <a href="http://www.velvethowler.com/2008/09/26/fascism-1975-and-1993/#comment-3812">comments section</a>, but I think it&#8217;s extremely relevant to our current national predicament so I&#8217;m posting it again. Plus I think Digg and Reddit are going to eat this up.</em></p>
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				<content:encoded><![CDATA[<br />&nbsp;<a href="http://velvethowler.com/2008/09/29/the-economics-of-fascism/">&#9733;</a>&nbsp;<br />]]></content:encoded>
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