Keynes ideas work only on paper with certain assumptions in place. It never works in reality or at best, it delays the inevitable direction the market is taking...increasing debt making things all the worse when the market does correct.
Taxpayer-backed loans to solar panel companies, running ALL loans for education, backing nearly all mortgages, determining maximum interest rates, making people buy health insurance...THOSE kind of "protections and infrastructure"??? It's not fascism when you do it, eh?
Most credible economists agree that that in very specific and targeted circumstances, Keynesian economics, applied as Keynes envisioned it, can jump start a sluggish economy. But it isn't just massive government spending but rather spending as Keynes envisioned it--a very short term limited government outlay carefully calculated to generate tax returns that will allow the money to be returned to the treasury quickly where it will be allowed to stay.
Compare that to Obama keynesian economics in which massive government outlays are poured into black holes, many for which there is no expectation of any return of the money, and any money that is returned is treated as a petty cash fund to spend again and again until it is exhausted. No intention of any kind to reimburse the people's treasury with any monies from anywhere. Every dime that comes in, plus two more that will be borrowed, will be spent to increase the power and scope of government.
It is positively nuts.
If I may make one correction: Obama is pouring money into his "corporate buddies" pockets (not black holes) where the money is laundered back into campaign coffers, where the cycle repeats.
LOL, okay a fine distinction.

But since there is no accountability for how the money is used but it seems to just 'disappear' with no mark other than bigger and more crushing debt on the economy, I don't think my 'black hole' metaphor is that far off base.
The numbers are staggering:
From Page 131 of the GAO audit:
Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
and many many more including banks in Belgium of all places
View the 266-page GAO audit of the Federal Reserve(July 21st, 2011):
GAO Fed Investigation
U.S. GAO - Report not Found PDF on GAO server:
http://www.gao.gov/new.items/d11696.pdf
Even Bernie Sanders, registered socialist from Vermont, is getting worried:
Senator Sanders Article:
The Fed Audit - Newsroom: Bernie Sanders - U.S. Senator for Vermont