Bachmann: Financial reform is like Mussolini’s Italy

By Andy Birkey
Thursday, May 13, 2010 at 7:52 am

Rep. Michele Bachmann. MnIndy file photo

During a Tuesday night webcast with Ensuring Liberty, a Tea Party PAC, Rep. Michele Bachmann likened the financial reform bill that is being debated in Congress to Mussolini’s Fascist Italy.

“Let’s remember really what this is. This has a lot in common with Italy in the 1930s and they way Italy dealt with economics,” she said. “It still continues private ownership of business but government is in control.”

She continued, “So government control of the private business, while it’s private ownership, that’s still at the end of the day the federal government virtually having a say over private business. We lose freedoms; we lose economic competitiveness.”

“And don’t forget,” she added, “Italy is in tough shape financially, and that’s not what we want for the United States.”

Italy was ruled by the Fascists under Benito Mussolini in the 1930s. Today, the country has the seventh largest economy in the world, according to three sources: the World Bank, the International Monetary Fund and the CIA World Factbook.

President Barack Obama is trying to use financial reform to centralize American industry under the thumb of the federal government, she added, similar to moves made by Mussolini.

“It’s a very deliberate move by this administration to centralize power and have the government own or control the means of production,” said Bachmann.

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Comments

39 Comments

Eric
Comment posted May 13, 2010 @ 9:58 am

Let’s see, rebuild the Roman Empire, march around in pretty black shirts, regulate naked CDS’s. Yep, same thing.


Dan
Comment posted May 13, 2010 @ 10:01 am

Thank you, Minnesota, for electing this barking-mad, dishonest lunatic. In these troubled times, you have given the rest of the country something to laugh at.

Keep up the good work.


Unrepresented
Comment posted May 13, 2010 @ 10:03 am

Wow…just wow. Let’s keep financial companies who almost destroyed our economy running just the same! She is so clueless it’s embarrassing.


Randy W
Comment posted May 13, 2010 @ 10:28 am

To be sure, they are similar, in that they’re both things that Bachmann has heard of but has no understanding of and an inclination to open her ignorant mouth about.


Don Berghuis
Comment posted May 13, 2010 @ 10:44 am

To compare the US economy in 2010 to that of Italy in 1930 is ridiculous on the face of it. But the so is Bachman


Mill
Comment posted May 13, 2010 @ 11:03 am

Perhaps the more appropriate comparison is between the rhetoric of Republican Michele Bachmann and that of Goebbels, the Minister of Propaganda in Nazi Germany.

Both Michele Bachmann and the Nazi criminal Goebbels use the BIG LIE approach – the bigger the lie, the more that people tend to believe it, because they tend to want to believe their leaders are telling the truth, would spin such outrageous falsehoods. Of course both leaders are perfectly willing to spin those falsehoods for personal gain

Only a fool would advocate that Wall Street continue to trade in financial derivatives in the unregulated fashion that nearly caused a global collapse of the financial system. Apparently Mrs. Bachmann qualifies though


Mill
Comment posted May 13, 2010 @ 11:05 am

oops – edit error above … should read, “…their leaders are telling the truth, and wouldn’t spin such outrageous falsehoods”


Jay
Comment posted May 13, 2010 @ 11:45 am

Having lived in Minnesota I just don’t understand how usually intelligent people even voted for this wacko. I certainly hope the people of Minnesota show much better judgement when it comes time for elections again.


Alex Frank
Comment posted May 13, 2010 @ 12:14 pm

To borrow the words that Keith Olbermann reserves for Soundbite Sarah, this woman is an idiot!. How Minnesotans can put up with a knuckle-dragging reactionary like this is beyond human


Eric
Comment posted May 13, 2010 @ 2:05 pm

Jay, Dan, the explanation for Minnesotans electing her is she needs to get elected in just the most conservative one-eight of the state. There’s another district she would probably win, and another one two where she would have an outside chance. Statewide, she’d be a joke of a candidate.


Philip Avon St. Cyr
Comment posted May 13, 2010 @ 3:00 pm

Bachmann illustrates the quintessential problem with todays messaging systems: they are all one-way. Whatever happened to debating, in person or in pro/con articles? If Bachmann had to actually answer to an opposing view, she’d have to moderate her statements.

Media, are you LISTENING????


Zera Lee
Comment posted May 13, 2010 @ 4:43 pm

I see that she picks and chooses what parts of history to misunderstand, just like she picks and chooses from the Bible.

A religious fanatic accusing someone else of being fascist – (your incredulity here)


Dennis
Comment posted May 13, 2010 @ 4:54 pm

I know! Let’s have the government run all the businesses! Yeah, that’s the ticket. Private enterprise is for suckers. And Obama and his crew have way more experience running things than the heads of these corporations do.


Randy W
Comment posted May 13, 2010 @ 5:25 pm

Straw man arguments are for suckers, too, Dennis.


Eric B
Comment posted May 13, 2010 @ 7:50 pm

Don’t the Republicans favor similar regulation of big financial firms, just wo/robust consumer protection? Are they in league with the Black Shirts?


wayne
Comment posted May 13, 2010 @ 8:16 pm

Michele Bachmann, yeah like the United States is not in a tough financial position. Bachmann you are hot but you are just too stupid to be anything more than a tea party talker.


Jimmy
Comment posted May 13, 2010 @ 11:17 pm

As usual Michele is spot on; she’s pinned the tail on the proverbial donkey. Socialist Mussolini pulled power into the central government just like our democrites. The outcome will be similar. We’re going to see once again that socialist anti-economics spread pain far and wide.


Matthew
Comment posted May 14, 2010 @ 12:50 am

Dearest Dan and Jan,

Perhaps a refresher course in civics would help to remind you how voting for HOR seats goes down. This is not a senate vote, therefore, saying “Minnesotans” voted for her, while technically correct, is also more incorrect. Only a part of the state voted for her. If she tried running for senate, she wouldn’t even make it out of the primaries. Every state has a section where people enjoying living within the lie.

Jimmy,

Tee-hee, you’re funny what with your retrograde amnesia. I understand that you haven’t gotten over the election of Obama, but you probably need to make sure that the crap you are claiming doesn’t apply a wee bit more to the guy who was in office before Obama. You’re statement makes you look uneducated at worst, and selectively indifferent at best.


Stanton
Comment posted May 14, 2010 @ 7:59 am

Your willful ignorance of history saddens me, Jimmy. Because you’ve got an axe to grind, you piss on the graves of the victims of Mussolini and his Blackshirts, and for what? To score insignificant political points in the comment field of some blog? From behind your veil of anonymity, you probably think it’s all a gas — bad word choice: probably shouldn’t trigger your inevitable Obama/Hitler comparisons — but… do you ever, in your quiet times, wonder if you’ve got a soul anymore?


James Lindsey
Comment posted May 14, 2010 @ 8:01 am

Some of us would prefer the alleged Democratic centralization of American industry to the Republican/big Business plan of shipping it and all our jobs overseas.


Blitz Bachmann: Help us Blitz Michele Bachmann with a Million Messages of Truth! › Bachmann likens US to Fascist Italy
Pingback posted May 14, 2010 @ 10:28 am

[...] the United States to that of Mussolini’s Italy on Tuesday at an online Tea Party meeting.  MN Independent has the quote: “Let’s remember really what this is. This has a lot in common with Italy in the 1930s and they [...]


gws
Comment posted May 14, 2010 @ 1:16 pm

all you people are idiots.

you believe there is a dimes worth of difference between republicrats and demlicans? ha!

When is Obama gonna stop the war again? What campaign promises did he keep? None.

The great aduacious hope himself hasn’t turned one GW Bush policy around, in fact, he has strengthened them.

But you have the temerity to try to pile on to a bachmann basher like Birkey, who is a globalist, is anti-american?

You people make me sick…puking on birkey’s shoes.


gws
Comment posted May 14, 2010 @ 1:18 pm

Hegelian Dialectic has you all trained to act just the way you are acting.

Divide and conquer…wake up folks, we have little time left.


Andy Birkey
Comment posted May 14, 2010 @ 1:22 pm

Me? A globalist? Anti-American? Please cite the source of this information, GWS.

I heard you were the globalist and Anti-American, GWS. That’s what I heard.


Paul Schmelzer
Comment posted May 14, 2010 @ 1:56 pm

I’m just worried about your shoes…


Ms. Priss
Comment posted May 14, 2010 @ 6:15 pm

GWS:

Apparently, we have a MSM news blackout:

http://news.yahoo.com/s/ap/20100418/ap_on_go_ca_st_pe/us_us_iraq

http://www.upi.com/Business_News/Security-Industry/2010/04/09/Leaving-Iraq-US-Armys-herculean-task/UPI-88171270837966/

By now every American should know, our MSM is not going to report anything positive about President Obama.


albert kapustar
Comment posted May 15, 2010 @ 10:12 am

Bachman is a fool just like those who elected her.Italian Facism has always been defined as the control of the country by corporations.Bachman isn’t even smart enough to realize what facism is.The Republican supreme courts decision to let corporations buy candidates is what facism is about.The corporations put Mussilini in charge,just like they have put republicans in charge and now unfortunately my party the Democrats.To stop someone from gaining absolute power isn’t facism,its democracy, a concept Republicans don’t understand.As one letter writer said absolute power and deregulation almost lead to our financial collapse,allowing corporations to combine and form monopolies as republicans have always done and Democrats are doing gives them complete economic control of your lives.this is Facism Bachman,real facism like Italy had and the republicans want


Jimmy
Comment posted May 15, 2010 @ 12:12 pm

Communism, socialism, and fascism are three heads on the same monster. They differ a little at the top, but really they are the same thing.

Democracy doesn’t withhold absolute power; it’s just tyranny by the majority. The only system that prevents absolute power is capitism, laissez faire style. Under such, people have exclusive right to their property and can’t be taken away unless the owner agrees or injures another person’s property.


Zera Lee
Comment posted May 15, 2010 @ 5:00 pm

Witness the return of McCarthyism and the renewed entrenchment of the military/industrial complex – complete with it’s own political party. Theocracy at no extra charge.

The party who’s leader once warned us of corporate takeover of politics now fully embraces that scenario over “We the people”. And they call themselves “patriots”.


Dave
Comment posted May 16, 2010 @ 10:42 am

Bachman basher? All one has to do is report some of the stupid crap that regularly falls like drool out of her mouth, and her supporters call you a “basher”

Would you like a little cheese with that whine?


Dave
Comment posted May 16, 2010 @ 10:54 am

Here’s another one:

“The only system that prevents absolute power is capitism, laissez faire style.”

Only a parrot could say that with such sincerity.


Jimmy
Comment posted May 16, 2010 @ 11:37 pm

Dave, why do you hate freedom? I think you lust for power over your fellow citizens. You can’t articulate that lust so you vomit terms like parrot and whine. You’re fooling no one.


Glynis
Comment posted May 17, 2010 @ 7:07 am

Jimmy and Bachmann whine about losing freedom because of government telling businesses what they can do yet I’m sure they are all for the religious right lobbying states to tell private insurers that they can’t offer abortion coverage through the insurance exchanges. They are against it only when they don’t agree with it.


Jimmy
Comment posted May 17, 2010 @ 10:21 am

Abortion has nothing to do with religion. If humanity needed a deity to order them not to kill children, we’d be a hopeless case indeed.


Karen
Comment posted May 17, 2010 @ 2:44 pm

I was getting worried that there were less people with like minds. Bachman and Palin give women a bad name. I am going to use a cliche and say they are their own worst enemies. Keep up the good work girls! /sarcasm


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