Here is a good Washington Times piece that draws a very useful parallel between what’s been going on in the US and Argentina under the Peron regime.

Under the fascist (or you could say socialist; they’re twins) Peron, Argentina was turned from one of the strongest economies in the world to an economic basket case. It was the triumph of the takers over the makers. The Argentine economy has been progressive more feeble ever since.

FDR was our original Peron, but the greater strength of capitalism here allowed for economic revival and considerable growth, although our economic performance would have been much better over the decades if it weren’t for the drag of socialistic policies. Obama and his gang are bidding to push us to the point of no return.