Obama the Auto Industry Dictator

Obama the Pompous, US Dictator-in-Chief, has done it again.

King Obama proves his contempt for businesses on the heels of firing the CEO of General Motors a few days ago.

Now is he dictating  to General Motors what kind of vehicles he will and will not allow them to build and sell.

If I were on the Board of Directors of either Chrysler or General Motors I would opt for immediate bankruptcy and get Obama and the UAW both the hell off the back of my company once and for all or just go out of business and let Obama go into the vehicle manufacturing business since Obama thinks he can do a better job.

The economic credit crunch combined with $4 a gallon gasoline wacked the auto business.

Following is a news release detailing what is transpiring in the King’s Chamber  of the Obama Palace in Washington, District of Obama.

Obama takes step over the line that separates government from private industry

His automaker bailout plan wades into ‘industrial policy,’ in which government officials, not business executives or the free market, decide what products a firm makes and how it charts its future.

Washington Times
By Peter Wallsten and Jim Tankersley
March 31, 2009

Reporting from Washington — President Obama’s plan to save failing U.S. automakers — and make them the instruments for creating a cleaner, greener transportation system — marked a major step across the line that traditionally separates government from private industry.

His announcement Monday of a new position on bailing out Detroit went beyond a desire to be sure tax dollars were not wasted in bailing out struggling companies. It put the Obama administration squarely in the position of adopting a so-called industrial policy, in which government officials, not business executives or the free market, decided what kinds of products a company would make and how it would chart its future.

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  Chrysler says it has framework for…

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  Stocks fall as White House rejects GM,…

His automotive task force concluded, for example, that the Chevy Volt, the electric car being developed by General Motors Corp., would be too expensive to survive in the marketplace. It declared that GM was still relying too much on high-margin trucks and SUVs, and that Chrysler’s best hope was to merge with a foreign automaker, Fiat.

Judgments like those are usually rendered in corporate boardrooms or announced in quarterly reports. But this time they were coming directly from the White House.

The notion that it was the president, not car company executives, who would pick such a course drew immediate criticism, especially from conservatives.

“When did the president become an expert in strategic corporate management?” said Rep. Tom Price (R-Ga.), chairman of the conservative Republican Study Committee. “The federal government is famous for its mismanagement, yet this administration continues to demonstrate its certainty that Washington always knows best.”

Sen. Bob Corker, a Tennessee Republican, called it a “power grab” that “should send a chill through those who believe in free enterprise.”

And Rush Limbaugh declared in his daily radio broadcast, “There’s always been a line, ladies and gentlemen, over which no president would cross with respect to the distinction between the public and private sectors. Obama has now crossed that line where there is no limit to government’s destruction of private activity or control over it.”

Rep. Jane Harman (D-Venice) defended the administration, suggesting that Detroit had had its chance. “My feeling is that we were too tolerant for too long and this is the tough medicine the taxpayer wants. And we have to reinvent our auto industry, or it will die.”

Other Obama defenders pointed to historic precedents for intervening in the auto industry.

Obama’s actions are “consistent with the pattern of presidents acting during economic crises,” said Allan Lichtman, a professor at American University and an expert on the presidency. “And it’s absolutely consistent with patterns of presidents intervening to make sure major components of the economy don’t fail.”

With farmers crippled by the Depression, for example, Franklin D. Roosevelt put in place limitations on agricultural production in a bid to boost farm prices. In 1971 Richard Nixon sought to roll back inflation by imposing a freeze on wages and prices. During the Reagan administration, bank regulators ousted 10 members of the board of Continental Illinois Bank of Chicago, the nation’s eighth-largest bank and recipient of a federal bailout.

Nevertheless, the White House was admittedly wading into politically challenging waters Monday. Administration officials sought to downplay the notion of an Obama-led takeover of the auto industry.

“We inherited a really difficult situation, and so in that context are focused on the best options consistent with the president’s goal of supporting the auto industry and being good stewards of taxpayer resources,” said one senior administration official, who spoke on the condition of anonymity despite conveying official White House talking points.

The official sought to distance the auto industry assessments from the administration’s environmental agenda, adding that the carmakers were “positioned to lead in helping manufacture the next generation of clean vehicles.”

“The government doesn’t have any interest or capacity to re-engineer these companies,” the official said.

Beyond such denials, the administration’s aim of reshaping the industry in what it considers a better form could be seen in documents released Monday by the White House. They summarized the conclusions of Obama’s auto task force, which has spent weeks consulting with outside analysts and experts assessing the viability of plans submitted last month by GM and Chrysler.

The task force noted, for instance, that GM earns a “disproportionate share of its profits from high-margin trucks and SUVs and is thus vulnerable to energy cost-driven shifts in consumer demand.” Moreover, according to the summary, “absent the successful introduction of a number of new-generation nameplates,” GM is “more vulnerable” to heightened fuel-efficiency standards.

Such heightened mileage standards are being pushed by the Obama administration.

Some participants in the deliberations, speaking on the condition of anonymity because of White House restrictions on allowing people to speak freely, said the task force operated from an underlying belief that consumers would ultimately be attracted to more fuel-efficient cars despite current data showing many such cars languishing on dealer lots.

“Philosophically they blame these companies for not having produced enough responsible small vehicles,” said Dan Luria, research director at the Michigan Manufacturing Technology Center, a consulting firm for automaker suppliers. “But they don’t deal with the fact that the companies would have been insolvent years earlier if they had done that.

“As bad as the management of these companies has been, it’s dwarfed by the complete lack of courage in U.S. energy policy, which is what created the problem in the first place.”

peter.wallsten@latimes.com

jtankersley@tribune.com

Times staff writer Peter Nicholas contributed to this report.

article source:

http://www.latimes.com/business/la-fi-gm-policy31-2009mar31,0,6371904.story

Obama success not likely getting UN sanctions against Iran and N. Korea, so says SOD Gates

Mmm… Seems Defense Secretary Robert Gates knows a thing or two about the ineffectiveness of Barack. I can not help but wonder how much longer Gates will last on  Obama’s team.

According to the Wall Street Journal article which I have included below, Obama is going to come up on the short end of the YES WE CAN stick when it comes to extremely important foreign policy issues.

Gates is predicting Obama the UnBush, who travels to Europe next week, will fail to secure sufficient UN Sanctions against Iran and North Korea needed to dissuade these two renegade nations to stop their head long pursuit of holding the world nuclear hostages pursuant to their maniacal plans for distruction of other nations. Iran and N. Korea, with back door goading from Russia and China, will use nuclear weapons and let the chips fall where they may.

And you thought the economy was a problem. We have a Socialist president who thinks everyone is his to control. Well, Iran informed the world his feeble attempts at “I am the UnBush”  Diplomacy BS was just that… BS. These two countries could care less what Obama says.

Gates: Sanctions Are Most Effective Way to Press Iran, North Korea

MARCH 29, 2009, 4:24 P.M. ET

By NEIL KING JR.

Defense Secretary Robert Gates on Sunday said only economic sanctions, and not diplomacy, hold any promise of getting North Korea and Iran to back off their nuclear aspirations.

The Obama administration has in particular sought to use overtures of openness and dialogue to persuade Iran off the nuclear course. But Mr. Gates, speaking on “Fox News Sunday,” said “the opportunity for success is probably more in economic sanctions” in both Iran’s and North Korea’s cases “than it is in diplomacy. … What gets them to the table is economic sanctions.”

The last two administrations have worked steadily to try to squeeze both countries with international economic sanctions in a bid to get them to scrap their nuclear programs. But the sanctions have had limited success. In the case of Iran, few experts hold out much hope that the Obama administration will be able to persuade European allies, along with Russia and China, to impose a new round of restrictions on trade with Iran.

Getty Images

U.S. Secretary of Defense Robert Gates, left, speaks with Fox News Sunday’s Chris Wallace on Sunday in Washington.

Mr. Gates said he was confident that North Korea would soon launch a communications-satellite rocket, which he called “a mask for the development of an intercontinental ballistic missile.” He added that there was nothing the U.S. could do to deter the launch, and that it would seek to intercept the rocket only if it appeared to be headed toward the U.S.

North Korea has said it is ready to launch a satellite into space early this month.

Addressing Afghanistan, Mr. Gates dismissed suggestions that President Barack Obama had not given the Pentagon all the troops it had requested for the ongoing surge in that country. “The president has approved every single soldier that I have requested,” he said.

Mr. Gates said the U.S. was aware of continued contacts between Pakistani intelligence and groups that are working alongside the Taliban in Afghanistan. The administration is working to convince the Pakistanis that “these groups are now an existential threat to them,” he said.

President Obama is heading this week on his maiden presidential trip to Europe. Mr. Gates suggested that Mr. Obama was unlikely to be able to persuade the Europeans to send more ground troops to Afghanistan during a summit of the North Atlantic Treaty Organization.

At best, the NATO allies will send more civilian experts, Mr. Gates said.

Write to Neil King Jr. at neil.king@wsj.com

article source:

http://online.wsj.com/article/SB123833742430666695.html?mod=googlenews_wsj

Rahm Emanuel Linked To Freddy Mac role in Econ Mess

Rahm Emanuel, Obama’s Chief of Staff, turns out to have been a well paid Member of the Board at Freddy Mac, the housing loan financing company, during a period of shameful behavior by the Mortgage Giant.

That shameful behavior, which occurred while Emanuel was one of the passive Directors, resulted in a scandal over financial accounting practices that resulted in a shake-up in management along with hefty fines being levied and tremendous censuring of Freddy Mac Passive Directors by a top federal regulator.

Apparently, for a sum in excess of $300 Thousand dollars in pay, Mr. Rahm Emanuel provided Freddy Mac a path between Washington and Wall Street that helped fuel the nation’s current economic mess.

See the Chicago Tribune news article which goes into depth on this situation:

http://www.chicagotribune.com/news/local/chi-rahm-emanuelmar26,0,1946702.story

Obama Destruction of the Dollar; It is Deliberate

Know what “Debt Monetizing” means?

It is what started lass week as of the date of this report. Obama & Company issued two IOUs and started printing $2 Trillion Dollars worth of money out of thin air to use to buy up “toxic assets” and other debt.

That act is an intentional and seriously destructive act that devalues all dollars globally… it means every dollar everyone has in the world become lesser than face value. That Folks… Is INFLATION.

The US Dollar is the international trade currency by which all countries trade with each other. That started after World War Two when the Dollar was backed by gold at Ft Knox. That is what gave the Dollar its value; otherwise it is just basically worthless paper. Then in 1972 the US Government decided to do it differently and stop backing the dollar with gold or silver… and talked other countries into going along by offers of international trade with them and promises never to do what Obama & Company started doing last week… “Debt Monetizing” meaning printing money out of thin air. If you or I did that it would be called counter-fitting. While Debt Monetizing in a temporary way and backed up and replaced with real dollars say from obtaining credit or from tax sources is not a bad thing. But that is NOT what is happening in this case.

Well Folks… World leaders are not going to stand for their dollars they possess and use being devalued by Inflation which is the result of Obama’s move to “Debt Monetize.” And, China and other countries just started calling on each other to dump the US Dollar as the World Trading Currency… foreseeing it value becoming more worthless each day as a result of the Obama $2 Trillion Dollar printing of what is essentially Funny Money.

Now you can ask yourself… is this being done because Obama is on a roll of a Socialist Takeover which requires that first the US to either go bankrupt or suffer an Economic Collapse? Or… is it because this is a tool to further the Orwellian “NEW WORLD ORDER” and replace US Sovereignty with what Socialists call “Responsible Sovereignty,”…or, is it because Obama & Company are totally out of their league and do not know what the hell they are doing? Or… is it a combination of two or more of these reasons?

Why don’t you figure it out for yourself  like people who think as independent thinkers not stuck on Brand Loyalty or Brand Hate?

Sovereignty Verses so-called “Responsible  Sovereignty”

“Responsible Sovereignty“ is the new Socialist code phrase for a destroyed US Sovereignty as an Independent Nation in the World and in charge of its own affairs with it’s own Constitution and Laws, that will be replaced with being under internal control of the UN and a set of laws created by Foreign Governments, ala the UN,  to destroy existing US Sovereignty and delete the current US Constitution as a force of law.

You are living during a part of American History that is leading to the end of the United States of America as a Free, Independent, Democratic, Non-Socialist, Capitalism-Based World Power and Obama is smiling in your faces as he pipes the Pied Piper’s Pipe with dreams of Ideals and something-for-nothing lures.

Either sit back and watch it happen or start speaking up and saying your mind publicly. It is individually up to you as an Amrican Citizen… After all it is just another country like Zimbabwe or Greece, right?

Obama Iran Video considered BS by Iran Supreme Leader

Well folks… looks like Iran’s Supreme Leader, Ayatollah Ali Khamenei, thinks Barack Obama’s Iranian Video speech is BS as does those who did not vote for Barack. Gee… go figure. How long are you going to play the NIH game with running the Oval Office, Barack? …Four years? NIH means “Not Invented Here,” meaning if Barack didn’t think it up it has no merit.

The White House Video of Barack Obama trying to trot his Campaign-esque Speech Style over to Iran with a “new beginning” repackaging of Obama’s chant of “Hope We Can Believe In” was met with a swift and expected live televised response from Ayatollah Ali Khamenei:  that it would take more than “changes in words” to change the relationship between Iran and the US. …that Obama & Company will only be judged by his actions not by his words in speeches. …that Iran continues to see Obama’s led US as hostile to Iran by their actions of  reaffirmed U.S. sanctions against Iran.

“They [Obama] chant the slogan of change, but no change is seen in practice,” said the Ayatollah. “We are observing, watching and judging. If you change, we will also change our behavior. If you do not change, we will be the same nation as 30 years ago.”

The  Ayatollah explained in his televised Obama rebuttal that OBama’s action of affirming unwavering US support for Israel is an act of continuing Obama hostility towards Iran.

So…. Mr President… they threw that video in your face… learn anything? Or are you needing more lessons in reality? How many lessons is it going to take before you admit to yourself you don’t know what the hell you are doing?

Obama’s Socialist Slights of Hand

We can not exist as a solvent nation with an outstanding loan of $13+ Terra Dollars borrowed over the next ten years. We will go bankrupt. And, that is what the Socialists plan to do.

Obama & Company last week pulled a typical socialist slight of hand by moving to plunge the government into an alarming deficit while deflecting public attention away from that and towards… towards AIG bonuses that are legal and binding per legal contracts that Tim Geithner, Obama’s Secretary of the Treasury was responsible for by his approving of it back in 2008.

That Geithner says he didn’t know about it till just recently showcases Geithner’s glaring Incompetence or that he is a Liar or both.

Now… last week was important folks, not for legal contractual bonuses for capitalist executives, rather for the unconstitutional attack on people who received the bonuses.

I expect a challenge in the Supreme Court if Congress passes a bill to deny any or all legal contractual bonuses of employees of businesses that have been nationalized in part or in whole.

That bonus attack action is an Obama slight of hand to deflect attention from the real problem Obama and Company is creating for America.

What is the real issue? Obama’s 2009 and 2010 deficit jacking budgets and the deficit jacking projections from Obama’s economy destroying deficit spending orgy.

The obvious (to me) Obama & Company goal is to bankrupt the government in order to stage a complete socialist take over per the Pevin – Clown Strategy of destroying a capitalist based society and waging weath spreader class warfare by the redistribution of wealth via the Obama  Pigzilla Porkathon Spending Orgy.

Watch the numbers of the deficit under Obama’s plans and goals and watch his tactics to get his way.

Lies, denials, deflections of attention are all part of the Obama play book and Obama forges ahead like a run away freight train hell bent on a Socialist takeover.

Obama is refusing to veer from his mega-deficit creating spending spree of over $13,000,000,000,000.00 ($13 Trillion) dollars over the next ten years. That is over $13 Terra Dollars, $13,000 Giga Dollars, $13,000,000 Mega Dollars, $13,000,000,000 Kilo Dollars.

That $13+ Terra Dollars of borrowed money, if divided by the population of 320 million Americans, is a debt owed by each man, woman and child living today of over $40 Thousand dollars that must be paid back to China and the other lenders of the money.

That $13+ Terra dollars is BORROWED MONEY!

Because it is borrowed money, the interest payment yearly, via collected higher taxes, on that loan is $780 Billion dollars a year at 6% simple interest. It is not free money and taxpayers are stuck with the interest payments and additionally paying down the principle. WOW!!!!!!!!!

We can not exist as a solvent nation with paying yearly interest and paying down an outstanding loan of $13+ Terra Dollars.

We will go bankrupt… and that is the Socialists’ goal.

Obama’s Greatest Fear Has Come: Obama Voter’s Opened-Eyed Regret

Obama’s Greatest Fear Has Come
Obama Voters’ Opened-Eyed Regret

Allow me to start off with saying… there will always be those who will support Obama to the ends of the earth and nothing will ever change their minds or their outright devotion to this man, Obama. Some are so obsessed, he is the first thing they think about when they wake in the morning and when they go to sleep at night. Many dream of him.

With that said… To the folks who saw through Obama from the beginning, hold out your hand to Obama Voters who are now shocked into Opened-Eyed Reality in the realization of the real definitions of the fuzzy undefined “Change” chant used by Obama to hype his way into the White House.

It is one of the oldest political tricks in the book but it works in a time of crisis and dissatisfaction with government.

Obama’s now revealed “Changes,” with more to follow, are no longer fuzzy and without form… they are for real and foreboding… a Socialist Takeover of the government, if not slowed down and stopped in it’s tracks, will be to the detriment of not only America but to a world of people who depend on America to stabilize the world and give the Democratic and Capitalistic leadership they seek.

I urge people to reach out and show your respect for the courage of former Obama Voters who are now saying… just wait a damn minute! That Change is not The Change I, as an American, need or want. It is an attack on Capitalism and a level of domination of Americans by their government that is not going to be tolerated.

You have a rapidly growing number of moderate DEMs, GOPs, Libertarians, and Independents who, although voted for Obama on faith, are not chained to the Ideology of Socialism and a big brother government controlling their lives and spreading wealth at the whim of the government.

These former Obama Voters are NOT Happy Obama Campers and more of them are admitting it daily. Others of them who have not spoken yet… will eventually do so.

Obama can fool Some of the People All of the time.

Obama can fool All of the People Some of the Time.

But, Obama can not fool All of the People All of the Time.

Forget the “I told you so” mentality and take their hand in yours in solidarity… American to American and tell this government who is boss and who are the servants of We the People.

Take Charge of your Country… or the Government will take charge of everything you are and have and there be no getting it back.

I’m Baaack! hahahaha!!!!

Hi Everyone and a special welcome to all my friends and foes from iReport.com.

As before, I welcome supporting and opposing views and comments.

But trolling and abuse is subject to My Censorship here.

To comment on any of my articles here just click on an article title or on the article name listed under Blog Post List and it will take you to that article’s page and its comment section (newest at the top of the list).

I have turned my back on using iReport and will not look back; rather I am looking straight ahead!!! Who needs the trolls and CNN’s political censorship by their permissive wink and nod approval of Left Wing trolls and using flimsy excuses for deleting members who oppose Obama? There has been a clear shift of thinking at iReport.

Too bad… but that is their sand box. I really believe while Obama was thought to be the golden boy who could do no wrong, we who oppose Obama were tolerated and thought harmless… but now with daily Obama & Company screw ups? It is a different world. That is my thinking on that.

I will continue with my articles of fact based events with my commentary as I did at iReport and you can too! You can get started by clicking the  wordpress.com listed under Links shown on the right here.

WordPress is very similar to iReport and has a community of thousands just like iReport has. One of the huge differences is… WordPress is very feature rich thus a bit more complicated to get up to speed with but very do-able. I will be enhancing the look and feel of this website more and more as I get further up to speed but I was able to create this blog site within minutes of joining WordPress knowing nothing about it before hand and posted an article on Obama which is as mirror of my last viewable iReport.

Non-Wordpress members can leave comments, unlike iReport and like iReports you can join and have your own identity and your own website like this one, yet still be a member of the community here at the same time.

Search tags work pretty much as they do at iReport and there are blog article listings similar to Newsiest, Most Commented, etc, but with more sophistication. I am confident that getting up to speed with WordPress is the way to go.

Compared to iReport, WordPress is a whole new wonderful and rich world to say your say and make friends within the community here and view those who either support Obama or the Socialist Agenda. It is friendlier here in that you have control over people’s comments and can lock out trolls from commenting if you so wish.

iReport is easy to do and learn but the price of using it is being under the thumb of CNN who takes political sides with Obama and Pelosi ,et al, yet pretend not to.

Who needs that? I say let the Socialist iReport Trolls have iReport to themselves. What are they going to do without us? Suck their thumbs and have group prayers to their Man-God? Obama the Worshiped One?

HAHAHAAAA

This is a whole new ball game! I invite you to join WordPress and move into the big leagues.

To those who left comments on the Hello World! article… very sorry your comments are gone but I needed to delete that Hello World! article as it was an automatic newbie default article and it should have been deleted right away since it really had no function after I posted my first article. I promise I appreciate your supportive comments and invite you to visit and comment away.

Again, click on an article title to begin commenting on that article.