They kinda lost me at the end with the bit about Reagan, but I agree with the general sentiment. Reagan's reputation as a defender of capitalism is based on image rather than substance, but in the past 80 yrs he's the only president who even bothered to cultivate the image, making him an icon to some. I don't think he's much of an exception to the trend of the past 100 years, though, in which Republican and Democrat alike have been nudging us along the road to fascism. Obama is simply taking the final step on that road. If you want to try to halt that step, and maybe even reverse the course, hie thee to a Tea Party protest near you on April 15th.
(H/T Rational Jenn)