Thomas Sowell Tells Glenn Beck U.S. Moving Toward "Facism" Rather than "Socialism" - Video 7/14/09

Here is video from yesterday of Thomas Sowell talking with Glenn Beck about the condition of Capitalism in the United States. Sowell essentially says America is moving more toward "Facism" than "Socialism." In socialism, the government takes over the means of production. In facism, businesses are still owned privately, but the government tells the owners what to do. He feels that is more what is happening with the Obama Administration today.