If anyone thought this bastard was going to slow down his rush toward complete socialist overthrow of the nation, they have far less reason to on this, only his 70th day in office.
In what is a text book example of naked government aggression against our Constitution (which in its near-entirety restricts the federal government to protect individuals and state governments).
It is not just the Oval Office-directed firing of General Motors CEO Rick Wagoner, who spent almost all his adult life with the corporation; Obama also made the decision to reject the company's restructuring plan, and at the same time rejected Chrysler's as well.
It's the wages of stupidity, both should have declared bankruptcy and sought reorganization, the morning of Nov. 4 last.
This is a naked, iron-fisted prelude to the coming fascist state.
The historical cliche is that "at least Mussolini made the trains run on time."
The only thing worse than a union- produced car is one made by federal bureaucrats, most of whom have never actually worked, let alone possess any business experience or understanding.
Moreover, this is also a debt repaid.... from Obama to the United Auto Workers. If government controls and union labor had not existed in the US auto industry for the last 40 years, cars would have cost 30 percent less than today's MSRP; and The Big Three would have continued their preeminent reign, perhaps with Japan a close second.
The reason is that all the capital not wasted on those two free enterprise mill stones, would have gone back into the company and to the stockholders... not into the pockets of the democrat party.
Phase II of this socialist power grab will be to drive up the price at the pump and "force" American motorists into the Obama Motors' version of an Edsel/Prius monstrosity. Gas is now right at $2 again and on the way up.
This will absolutely result in more fatal accidents as the quickest and cheapest way to get closer to State-approved "cafe standards" is to make cars smaller and lighter by using less steel.
Meanwhile tons of cash will be wasted in underwriting the cost the 2012 Panacea -- the plug-in electric car!
Of course none of this was possible before the hard-core left seized control of Zell Miller's democrat party; Miller was so offended and angered that he ended his congressional career, and delivered a fiery speech at the 2004 GOP national convention that was far better than any Republican has made since Dutch left the White House.
He even told democrat propaganda lackey Chris Matthews on national TV that he wished dueling had not been outlawed, because he'd bitch slap Fat Boy and offer him his choice of weapons.
Historians (if any conservatives or neutrals remain) will remember this day as when the the socialists ceased even the pretense following our Constitution.
Ironically, as this nationalization grab was underway, Angela Merkel,Chancellor of German (which was virtually destroyed in WWII because of National Socialism and one madman) sharply dismissed England's and France's plan for a “global new deal” for a $2 trillion-plus fiscal stimulus to end the recession.
Europe, China and Russia... more capitalistic than we?
Remember... and try to get this across to your liberal sister-in-law:
Obama's goal of "fundamentally changing America" is most assuredly not to bring a fast end to the recession; just the opposite. He plans to run the economy into a ditch and carry the redistribution of funds, just as he warned that hew would.
Left in tatters and limping badly, the economy will be more easily controlled by the government and the wealth taken from the producers and given to society's leeches.
Socialism means all suffer equally... except that most of the suffering is poured on the "rich"... those vastly wealthy who make above $200,000.
This will not apply, however, to members of Congress, the federal judiciary and one empty-headed, empty-suited President.