Sowell's credentials are those of an ultra-right wing laissez-faire economist. His standing with the Hoover Institute and Chicago School of Economics is consistent with that. So Todd's characterization of Sowell as not smart is off base, but labeling the article as a POS is a fair opinion. Sowell stretches, if not distorting, the meanings to make it fit his negative opinion of Obama. Sowell asserts that Obama is moving toward government control of the economy. That's a jingoistic allegation. Obama lacks the power to generate that movement. Why? Because Obama has the exact same cadre of sonsabitches running the economy that Bush/Cheney did and Clinton, Bush, Reagan before that.
I see however, that I was mistaken about facism. I mistakenly thought facism was gov't. in bed with business, or in contemporary terms, in bed with multi-national corporate conglomorates. I find odd humor with writers like Sowell who are all about the money, and can be so anti-Obama, but so pro-Bush or Reagan, when it is the same reprobates running the national economy regardless of which puppet leader occupies the White House.
So I don't know what form of gov't. we have. It ain't a democracy. It ain't a democratic republic. And apparently it ain't facist. It looks like it is mutlti-national corporatist, where corporations are persons and can buy elections, and can steer the national, if not global, economy independent of Republicans and Democrats.
I think we in WA state should reserect the 1970s OWL party and throw the rascals out.
Sg