In the United States, economic corporatism involving capital-labor cooperation was influential in the New Deal FDR Economic Program of the United States in the 1930s as well as in Keynesianism from England. Ideas sound a little familiar? They should. A guy that's been trying for nearly four years to do it again is our moribund POTUS Obama in terminal decline on the verge of his own political extinction with failed economics.
The fact is that Obama is less a socialist than a corporatist. His aim is not for government ownership, but government management. To control the economy— and all of our lives — he needs to get rid of small banks and small businesses and merge it all into a few big banks and big corporations; hence his friendliness to Goldman-Sachs, General Motors, General Electric and SEIU - Service Employees International Union.
When wealthy tycoons go to dinners and give Obama $35,000 donations, they know what they are doing. It is not liberal Democratic masochism at work, it is a conscious investment in central planning where big labor, big government, big business with the big banks meet. The term "Neo-Corporatism" describes three-way bargaining between government, labor unions and big business. They divvy up the pie just as they do in many European Countries.
In this high-stakes Obamopoly game, Obama was the rank amateur, a "community organizer", that exhibited no business experience, no understanding of American history and no appreciation of entrepreneurial spirit that has built the United States of America. Although, Obama had some "Monopoly real estate experience" when he bought a house before his presidential run. Its financing was cloaked in a shady real estate deal hidden by a "blind trust" Obama had set up to hide the sale of the transaction.
Obama & Rezko Lots In 2005, the Obamas sold their ground-floor flat for $415,000, property records show. They moved into a spacious mock-Georgian mansion and paid $1.65 million. Luckily, tongue-in-cheek, the adjacent house garden property which was to be sold with the house for a total selling price of $2.3 million, instead was sold by the same seller on the same day to Rita Rezko, the wife of Mr Obama's longtime friend and Syrian-born, political fixer, fundraiser Antoin “Tony” Rezko, then on trial for political corruption in Chicago, was now tying the Democratic front-runner to himself with this deal.
Rezko also was friendly with Obama in the past — offering him a job when he finished law school, funding his earliest political campaigns and then purchasing the lot next to Obama's house. Aside from his Obama dealings such as steering state contracts to Rezko’s businesses in exchange for fundraising assistance and campaign contributions, Rezko was later convicted by the jury and went on to prison while the voters instead pardoned Obama and elected him the next President of the United States. LOL!
Obama, himself, called the transaction a “boneheaded mistake” and donated $150,000 in campaign contributions linked to Mr Rezko to charity. Obama strongly denied that he received any discount in the transaction even though Mrs Rezko paid the full asking price of $625,000 for the garden, while the Obamas paid $300,000 below the asking price for their house. Looks like Obama got a pass for "Community Chest" twice to get his sweetheart deals. LOL!