In 2015, the largest neo-Nazi organization in Scandinavia, The Nordic Resistance Movement (NRM) registered as a political party and entered electoral politics in Sweden. Utilizing qualitative content analysis, the current work explores changes in NRM's rhetoric from before the party entered politics in 2010 and five years later in 2018. Focus centers on NRM's ideology, what or whom they frame as their threat, and their suggested solutions for constructed problems. Results show fascist rhetoric in both time periods. An argument is made that there is no actual moderation in NRM's politics by liberal democracy. Rather, far-right extremism is a threat to liberal democracy, as we know it. Implications of the growth of the far-right, and the future of liberal democracy are discussed.