Terrence Corcoran of the National Post weighs in...
There can now be no mistake who's in charge of GM, despite Mr. Obama's protestations that "the United States government has no interest or intention of running GM." If that's the Obama administration's true intent, yesterday's policy moves are an odd way to express that. The president of the United States is now in de facto control of GM, with the company falling under the overall stewardship of his task force.
(If you read all of Corcoran's article, you'll learn of how worthless and incompetent this "task force" actually is, and "worthless and incompetent" isn't an exaggeration by any means, as not a single member of it knows a bloody thing about automotive stuff and the automotive industry, and it shows)
Corporate bankruptcies, while messy and often prolonged, at least have the merit of working toward business-like resolutions of complicated corporate and economic matters. But under Mr. Obama's control, the GM and Chrysler bankruptcy procedures are destined to become the first industrial strategy bankruptcies in U. S. history. In other words, the companies will be allowed to wipe out creditors and reorganize their affairs -- but only along lines dictated by the government.
"Dictated by the government". Isn't that scary? And Obama actually personally called journalists who inquired as to his socialist nature and said he was surprised and doubted they were serious. But can there be any doubt that Obama is a socialist... in fact, a National Socialist? What, then, is the definition of National Socialism, if not national government control over the economy? To control most of the U.S. auto industry, the biggest industry in America, well, what's that, then? Oh, I'm sure Obama's teleprompter will come up with a good B.S. answer that fools too many folks...
Whenever he gets to talking about the auto industry, Mr. Obama waxes lyrical about strategic and industrial dreams that cannot possibly be fulfilled without continuing extensive government management of the industry, especially GM. He's making promises that can't be kept.
No kidding. Making promises he can't keep. And one of the reasons he can't keep promises he made is because he's very busy with his hidden agenda of keeping promises he never made, if you know what I mean (regular readers of this blog are likely to know).
The auto industry, Mr. Obama said, is "like no other, an emblem of the American spirit; a once and future symbol of America's success." He talked of "a new beginning for a great American industry; an auto industry that is once more out-competing the world." It will "lead the world in building the next generation of clean cars." It will, he said, be "manufacturing the fuel-efficient cars and trucks that will carry us toward an energy independent future."
Yeah, yeah, yeah... yadda, yadda, yadda... next thing you know, he'll personally design a cute, little, grossly underpowered, barebones buglike (probably won't even have a frickin' heater!) thing of an urban runabout for the masses and call it "The Peoples' Car"...
Obamalandlied!
Obamaland, Obamaland ueber Alles...
Above and below: Obama supporters giving their Messiah an evocative salute. Evocative of what? Well, in the older photograph below, do you notice the Germanic script? Oh, yes... that was a salute given by none other than another infamous National Socialist, back in the latter part of the first half of the previous century... and those hands belong to you-know-who. Why the same salute??? Why are they imitating one of the most horrible monsters in history?
