Cronyism 101 in the Age of Obama.
Actually, it's more like Managerial Socialism, but that's sorta-kinda redundant.
UPDATE: Already have received a couple of e-mails asking for clarifications, such as "Who is James Burnham?", and "What does he have to do with Obama?". Okay, here's some background:
James Burnham and the Managerial Revolution
Here's what George Orwell had to say about Burnham.
Read, and expand your horizons.