"Gangster Government" In Action
The Patriot Post: "Give President Obama credit -- he at least made the proverbial offer Chrysler's secured creditors couldn't refuse. The way Obama strong-armed creditors who rightfully expected to be treated justly under the law was right out of Juan Peron's playbook. Like the Argentinian strong man, Obama muscled the owners and creditors out of a productive private company and gave it to union leaders, who will then fill his campaign coffers in gratitude for his generosity. The Examiner's Michael Barone -- who has forgotten more about American government and politics than most Washington political experts know -- was correct to dub Obama's Chrysler heist 'an episode of Gangster Government.' Forget what anybody in the White House or what is left of the Chrysler executive corps claims to the contrary because the UAW effectively owns the company now, holding 55 percent of its stock. True, the union doesn't get an explicit controlling majority of the board of directors, but who needs that when you've got the White House guaranteeing your work and the U.S. Treasury Department making sure you never have to worry about the bottom line. ... Contrasting mightily with the Pennsylvania Avenue Gang's thuggery is the quiet confidence of Ford Motor Company's president and CEO, Allan Mullaly. He had the foresight three years ago to strengthen his firm's cash and credit reserves in anticipation of the inevitable decline of auto sales. ... When GM and Chrysler headed hats-in-hand to Washington last fall, Mullaly said Ford didn't want a bailout and then watched quietly as his two cross-town rivals committed corporate suicide. Now Ford is positioned strongly to be the last great American car company. With a guy like that at the helm, it's enough to make people who love American free enterprise go out and buy a new Ford." --The Washington Examiner
Tags: auto industry, Barack Obama, Chrysler, Ford, gangster government, GM, Obama administration, The Patriot Post To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
Posted by Bill Smith at 6:30 PM - Post Link
3 Comments:
Our country is being strong armed by Chicago thugs. I love the Visible Vote. Just heard about it on Fox, Great effort by these guys. Hopefully common citizens will get up and let Washington know we are their employer.
My favorite moment when the MSM showed they were utterly corrupt was when they had on Sec. Bill Daley during the 2000 recount talking about possible election fraud in Florida. They actually asked him serious questions about possible election chicanery w/out once mentioning the only reason he's in office or known at all outside of Crook County is because of the Chicago Machine honed by his father.
When is the last time anyone wrote or called one of his senators or his congressman? Don't wait for someone else to do it!
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