Federal Takeover of GM and Chrysler

Today I was pondering the possible implications of the Government’s ownership of two of this nation’s largest auto manufacturers. Part of having a realistic outlook on any situation is being able to see the possible long-term effects of a given decision. Unfortunately the Washington establishment can not learn this lesson. All they seem to care about is what works right now and screw the future effects.

First of all Obama has stated that the federal government (except when it comes to the “most important” decisions in the company) will stay out of the way of the new GM execs. I say, FAT CHANCE. Does this sound like the federal government to you? All citizens have been saying for decades is stay the heck out of our business yet the government encroachment on our lives has only grown. This is a pipe dream, Obama. Anytime the government is given an inch it will always, without fail, take a mile.

Second of all it has been promised that the $50 Billion in taxpayer dollars that has gone toward this effort will be paid back. That of course is another Obama pipe dream in itself. But this also means that the government (namely Obama because it could effect his political legacy) has a direct stake in making sure the new GM is a success. And with the U.S. Treasury backing him there is no limit to the money Obama could throw at the new GM. Our money.

And with the U.S. Treasury backing the new GM this means the company can undersell any other non-government-controlled company. And with political success hanging in the balance the government has motivation to see to it that it does. Imagine an America where Toyota, Honda, and other foreign auto makers have pulled out of the American market because they can not compete against “Government Motors.” And where domestic auto makers like Ford have been sunk for the same reason. Who will we buy cars from? Let that sink in.

I know God is in control. I am not afraid of what the future holds. I just can not understand which part of “obey the constraints of the Constitution” is so blasted hard to understand.


3 Responses to “Federal Takeover of GM and Chrysler”

  1. 1 Angie
    June 4, 2009 at 5:56 am

    I believe it’s already been stated (somewhere) that they will be forgiving the previous “loans” made to GM and Chrysler as part of their restructuring. Yeah, those same billions that were guaranteed to be paid back to us, “with interest.”

    What is most disturbing (to me, anyhow) is that public opinion on the first bailout was a resounding “NO,” yet lawmakers crammed it down our throats anyhow; in much the same way, this happened again with the second “stimulus” package a couple of months later – the very one they did not bother to read before shoving it through in record time.

    We elect these people to represent our collective interests – we have a republican form of government for a reason. When the collective opinion is NOT to do something but they do it anyhow, regardless of voter opinion (and specifically the taxpayers who pay their salaries), without fear of reprimand or retribution (gerrymandering ensures many of them will NOT lose their seats in upcoming elections, regardless of party, level of animosity toward the constituency that put them there, or obvious lack of ethics and/or morals of any sort and they go out of their way to block any attempts at reform or investigation)….

    Do they have any logical explanation as to how they have slid so far from the core principles outlined in that great document they show such obvious contempt for, the Constitution of the United States? Unfortunately, this phenomenon is NOT restricted to the executive or legislative branches, as we see with some of the statements made by “intelligent” judges like Sotomayer.

  2. June 4, 2009 at 11:04 pm

    We need a revolution. And now the federal DOJ has told the state of GA that it must immediately cease its practice of verifying the citizenship of voters.

    What is happening to our country???

  3. 3 Angie
    June 4, 2009 at 11:43 pm

    I’ve long held this mental picture of a Washington, DC-sized toilet, constantly swirling and swirling, members of all 3 branches of our government bouncing quarters to see who got the next turn to start the sucking action, whatever happens to be inconvenient being tossed in from time to time (you know, like civil liberties and all those pesky other things we demand they protect by virtue of our tax dollars)….

    Much like the economy here in Michigan, our hag of a governor standing on top of the tank and pushing the lever nonstop, cackling madly as another chunk of our wondrous state legacy is flushed away unceremoniously like so much poo.

    Even as un-Christian as it would be, a growing part of me would love the chance to give every last one of them a good shove then dance merrily on the lever…. I wouldn’t even charge admission: It would be a free show.

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