Mar 31 2009
When we look back on the administration of President Obama we will find a duplicitous man in everything he said. He will not be “hope and change” but the epitome of the two faced politician who says one thing and does another. His record so far is pretty damn stunning.
Candidate Obama railed against NSA-FISA rule changes implemented by President Bush in the wake of 9-11 to rally his liberal base. Yet, when the hour to stand up and be counted came Senator Obama flip-flopped and voted to make the changes permanent.
His biggest laugh line these days is his calls for responsible spending and living within ones means as he produces as much debt in 10 years as the nation has produced in its entire history, bringing our debt to 80% of our GDP (if not higher).
His fix to the banking mess is not to reward responsible behavior, as he campaigned on. It rewards cheating and greed. His lobbyist free administration is full of ‘one time’ lobbyists exceptions. His transparent administration has been anything but transparent. His promise to go line-by-line through the budget to remove pork was DOA when he handed his budget to the spend-drunken liberal Congress.
I mean it is probably more accurate to predict the man’s possible actions by looking at the opposite of any one of his promises and platitudes.
The world of automobile making – an industry this nation founded on planet Earth – was rocked yesterday as President Obama required extreme measures for Chrysler and General Motors to avoid bankruptcy. Even going so far as to put a banker (remember these greedy crooks?) at the top of GM. What this has actually done is ensured bankruptcy now that the failed federal government is now standing behind these US car brands.
Outside of the military, the government is not known for quality or cost effectiveness. In fact, I wrote about the result of such action a while back:
For those too young to remember the Soviet Union and its government run industries the one thing the USSR proved is howÂ bureaucraciesÂ can destroy an industry. It takes bureaucracy so long to make changes (every decision is by committee and analyzed to death) that it doesnâ€™t take long for the â€˜government run industryâ€™ to fall hopelessly behind the commercial competition.
The auto workers unions know what has happened here. They know that Obama and the Dems have given the kiss of death to GM (and maybe Chrysler).
Many assembly line autoworkers reacted with skepticism and anger Monday to the Obama administration’s tough tactics, which stoked long-simmering feelings that the people who put the country on wheels get treated differently than the wizards of Wall Street.
“It’s the age-old Wall Street vs. Main Street smackdown again,” said Brian Fredline, president of UAW Local 602 at a plant near Lansing. “You have all kinds of funding available to banks that are apparently too big to fail, but they’re also too big to be responsible.”
“But when it comes to auto manufacturing and middle-class jobs and people that don’t matter on Wall Street, there are certainly different standards that we have to meet — higher standards — than the financials. That is a double standard that exists and it’s unfair,” Fredline said.
The demand that Chrysler be sold to European car maker Fiat (not the best of the best in my book) is another sign that the rewards will be flowing out of this country to distant shores.
I don’t know too many people who will risk their hard earned money for very long on cars from companies that are heading for bankruptcy – or worse, will be government run experiments in politically correct social engineering.
But the bottom line as noted by the auto workers is 100% correct. Obama and his Wall Street buddies are sucking the treasury dry after they tanked this nation’s economy on risky investments. The auto workers – need to find work with the Italian managers at Fiat.
There’s your Hope and Change for you. Wait until we get another round of unemployment numbers and we face tax day this bleak year – then we should see a sea of change across this country.