Boortz on Economic Fascism

Neal Boortz stated it about as clear as can be done. While commenting on politicians from both parties demanding to interrogate those evil oil company executives he called what they are doing “economic fascism.”

Nonsense. Corporations are in business to make money. Once earned, corporate profits are “given back” to the shareholders in the form of dividends. There is a word for the national government dictating to companies how their profits are to be spent: It’s economic fascism. How long will it be before somebody calls for the confiscation of all private oil companies by government? Then the price of oil would go down, right? (Sadly, there are probably Americans who actually think that this might be a good idea.)

Neal always has a unique view on issues but on this one he is right on.

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