Are you comfortable with Obama Running the Auto Industry?

Published on March 30, 2009 By Island Dog In Politics

Obama has to be one of the most power hungry politicians in recent history. In his stort time as communist-in-chief, he has managed to shove government right into private business.

Obama has made the CEO of GM leave by threatening to withhold federal money, so basically Obama is manipulating companies to bend to his demands.

"In this context, my administration will offer General Motors adequate working capital over the next 60 days. And during this time, my team will be working closely with GM to produce a better business plan."

Ah, so the community organizer is going to write business plans now. First the banks, now the auto industry.....what's next?

Are you really comfortable with the way this government is headed?

Comments (Page 4)

Ziggystyles

on Apr 05, 2009

I mean, the private business could always refuse the federal money and try to make do on its own, but when someone is giving you a handout they are well within their right to give certain stipulations.

Im just scanning over the replies as this caught my eye, so did your reply here. the drudge report had linked to an article which shows how the banks are being rejected when they try to pay back the TARP money, WITH interest. The government is not allowing the banks to send the money back, which forces them to keep it...forcing them to do whatever the feds tell them to do, because 'they recieved the money.' This isnt something the banks had a choice in. They were forced to take it, and now that they have it, they can't give it back.

ParaTed2k

on Apr 06, 2009

Kingbee, I saw it, I just wondered why you can't defend Obama's actions using the US Constitution.

Adventure-Dude

on Apr 06, 2009

They were forced to take it, and now that they have it, they can't give it back.

And that's the concern I have. While they may not be 'intending' to enslave these companies to Gov't control this can easily be shifted at the Gov'ts convenience too easily. All in the name of 'protect the public.'

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