Now I Want President Obama To Fail
by James Glaser
March 31, 2009

Some people are saying that President Obama is trying to bring socialism to America with his taking over of GM and firing its CEO. I don't know if that is what he is trying to do, but what ever he is trying to do with that take over.... I don't agree with it.

Here is how the New York Times quoted President Obama on the auto industry.

"And so today, I am announcing that my administration will offer G.M. and Chrysler a limited period of time to work with creditors, unions and other stakeholders to fundamentally restructure in a way that would justify an investment of additional tax dollars; a period during which they must produce plans that would give the American people confidence in their long-term prospects for success," Mr. Obama said.

I really don't know, and I have never heard that Barack Obama has any expertise in business or on how to make automobiles. I do know that President Obama has thrown over a trillion dollars at the banking industry, but he never even hinted at getting rid of a banking CEO. Additionally, neither President Obama nor any one else from Washington has ever asked the workers in the banking industry to take a pay cut or give any other concession.

I can see now that it is true that Barack Obama is an elitist. People who go to work and sweat and get dirty are fair game, but if you work in a suit and tie or a dress and have a collegiate look, then our President will leave you alone. Sharp dressers are Obama's people. Blue collar workers are not, and therefore they are fair game.

It is hard for me to believe, but the President of the United states is forcing an American company to merge with a foreign corporation.

Mr. Obama said Chrysler has been instructed to form a partnership with the Italian automaker Fiat within 30 days as conditions for receiving more government aid.

Does that make you think of a "New World Order?" Is Obama taking the first step toward America merging with the rest of the world? I don't think so, but I don't like what he is doing. On top of that, have you ever thought highly of Fiats?

If a deal is reached between Chrysler and Fiat, the administration says it would consider another loan of $6 billion to Chrysler.

So, if Fiat can work the right deal, Washington will loan them $6,000,000,000.00. If they don't pay that back, what happens? They have to give Chrysler back? Right now you and I (taxpayers) are standing behind the warranties of both Chrysler and GM. If Fiat merges with Chrysler, are we on the hook to warrant their cars too?

Just like all the bank bailouts, Barack Obama decides to take over the largest manufacturing company in America with no public input, no debate, and no Congressional oversight. If you read our Constitution, you will see that it is Congress that is supposed to control our spending, not the Executive Branch.

Yes. If this is the "change" that Barack Obama was talking about when he was a candidate, I want his idea of change to fail. I don't want a dictator, nor do I want us on the road to socialism. With Obama, it appears we have both.




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