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Economic Fascism Like the National Socialists, Democrats want to maintain the fasade of private ownership while putting control in the hands of the state. Whether a business prospered or failed in the Third Reich depended on political pull “ how close industrialists were to the Nazi leadership. Similarly, the Obama administration has come more and more to resemble œcrony capitalism it denounced in 2008. Companies whose executives made lavish contributions to the Obama campaign ended up with contracts worth hundreds of millions for products that couldnt possibly be manufactured with private financing. Solyndra is the most glaring example. The private/government partnership typical of fascism is taken a step further. In January 2011, Obama appointed General Electric CEO Jeffrey Immelt head of his jobs council. Need you ask which candidates executives will invest in next year to keep their jobs?