Showing posts with label Chrysler. Show all posts
Showing posts with label Chrysler. Show all posts

Monday, May 11, 2009

Obama's First Nakedly Stalinist Act

It strikes me that the Chrysler bankruptcy matter is B. Hussein Obama’s first nakedly Stalinist action. Not only does Obama wish to redistribute taxpayer wealth and direct it to his cronies, but he is also threatening those with legitimate claims in opposition to his position with unleashing the fury of the Executive branch of the U S Government against them. These are the actions of a Chicago gangster – it is markedly un-Presidential behavior.

Let us not forget the Stalin was one of the most organized criminals in history. Why should we be surprised by the thuggish actions of a street “organizer”? When you elect an organizer to the White House, you get organized crime.

Sunday, May 10, 2009

An $8,000,000,000+ Fleecing of Taxpayers

Candidate Barak Obama said in his convention speech "Our government should work for us, not against us. It should help us, not hurt us." He was lying when he said this, and he knew it.

President B. Hussein Obama now says that the $8 Billion in loans provided by American taxpayers to Chrysler should be discharged in bankruptcy, effectively becoming a gift to the UAW and Italy's Fiat Group.

Candidate Barak Obama also said "Our government should ... ensure opportunity not just for those with the most money and influence, but for every American..."

Apparently, the UAW's money and influence over Barak Obama was a temptation too great for the "messiah" to resist.

The Obama Presidency is a continuing disaster to American taxpayers. It cannot end soon enough.

Monday, May 4, 2009

Just Another Chicago Thug


Word has leaked that the Street Hustler/Community Organizer B. Hussein Obama is threatening/strong arming/blackmailing the non-TARP investors in the Chrysler bankruptcy proceedings.

This is typical Chicago political thuggery. Why should anyone be surprised? You should be outraged that the boss of the chief law enforcement officer of the United States wants to abrogate the law so blithely, but you should not be surprised.

http://www.youtube.com/watch?v=KpqKNZ3km3c

Tuesday, March 31, 2009

The Statists' Next Targets

Still in his first 100 days as president, B. Hussein Obama has moved to Socialize first the banks, then the entire financial industry, and now the automobile manufacturers and their warranties. What is next for this Statist agent of “Change”?

My prediction is that Obama will next move to nationalize two items: health care and private pensions. Obama will use the nationalization of the auto industry to do this.

The single biggest reason GM, Chrysler, and Ford are not profitable is the unreasonable employee expenses the manufacturers are saddled with by the United Auto Workers. The two most expensive components of this expense are the long term obligations associated with health care obligations (including for retirees) and their pension plans.

As part of Obama’s effort to make the US autoworkers lead the world in producing “clean cars” instead of cars consumers want to buy (see, for example, the F150), Obama will propose to “relieve” the auto manufacturers of these pension and health care obligations and nationalize the same. This will be the springboard to nationalize health care and pension plans for all citizens.

Hillary Clinton, who has had a weak performance as Secretary of State, will likely be named the first National Health Care Czar, a job she plainly would relish.

The Statists are on the (Long) March. Make no mistake in believing that the Transformative One will settle for nationalizing only the financial and car industries.