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Sunday, April 5, 2009

We're screwed

It's official, the Obama administration has gone mad with power and we're headed down a path that will make Hugo Chavez look like Ronald Regan. There was a recent opinion piece in the journal stating that Barry Hussein is actually rejecting the return of TARP funds from banks that are of some prestige. One particular bank has been sitting on the cash for months, wanting to write a check including interest, trying to return the nearly billion dollars it got from the government. The Obama administrations response? There will be adverse consequences if the Chairman persists in his efforts to return the taxpayer's money.
Why in the world would the government reject the return of taxpayer funds? It's simple, Stuart Varney says it is because they want to directly control the financial system, and I think he's 100% spot on. Barry just flexed his pimp-hand with GM by firing their CEO. Isn't this the responsibility of the board members? Couple that with the passing of the Pay for Performance bill that gives tiny Tim Geithner the power to set the pay for any employee that works for a company that has received government funds. Then there is the story from Bloomberg  where Geithner says that they are prepared to do more of what was done at GM and oust the senior management and board of any company that receives government assistance.
Simply put, the America you and I love is on life support and Barry and his cronies are itching to pull the plug. Yes comrades, change is coming to America!
I suggest you to head on over to MSNBC and give Barry a grade for his stellar job.

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