Kick the Anthill

Last week (has it really only been a week?), I made a rather long statement about the dangers of the Treasury Dept having the ability to take over “non-banking” financial firms.  While there were a couple people who commented (comments that I simply deleted, because they didn’t follow our comment policy), suffice it to say that people thought I was overblowing it a bit.

All I can say is, to put it bluntly:  Nyah nyah nyah nyah nyah nyah!!!!

True, GM wasn’t taken over by the Treasury Dept.  I will grant you that.  However, according to The Hill, Teh One just made a call, and, in the blink of an eye, Rick Wagoner, CEO of GM, was gone.  Our illustrious prez didn’t even ask anyone about it.  He informed them.

“He didn’t ask us about it, he informed us,” Levin told reporters in a conference call Monday afternoon. “The president said he’d already decided.”

Levin said he and three other lawmakers were informed of the decision in a phone call Obama made from the Oval Office. Obama told the members of Congress that Wagoner needed to resign so that the administration could show the public it was making an effort at a fresh start with helping the auto industry, according to Levin.

 So, I guess any company that has received bailout money is now run by His Highness?  I mean, he’s blackmailing Chrysler into merging with Fiat.  He’s withholding bailout money–technically our grandchildren’s tax money–and he won’t give it to Chrysler unless they merge with Fiat.  Which strikes me as both funny and sad, considering that Fiat is an Italian company.  So it seems like he doesn’t really care whether or not our American companies stay our American companies.  Doesn’t appear that he’s all for keeping American jobs American jobs.  But whatever.

I also thought it was rather interesting that he rejected GM’s restructuring plans.  Who does he think he is?  Is he the head of the Board of Directors??  Nope.  He’s just the PotUS.  I thought that the PotUS was just the PotUS.  Apparently, he can also be the head of the Board of Directors of pretty much any company he wants to be, too.  I wonder if he’s drawing a paycheck?  Most people on the Board of Directors does.  Even though it’s not called a ‘paycheck’ per se.

If he’s using our money to do these things, don’t we get a say in what happens with that company?  Hmmmm…. GM makes Chevys AND Pontiacs.  I’d like a 2009 Corvette, a 2009 HHR LT, and a 2009 Pontiac Solstice Roadster, or else! 

It’s just idiocy that this man can do whatever he wants and there’s not a thing we can do about it.  He can push through a crap sandwich bail-out bill, a 3 TRILLION dollar budget, who knows how many trillions in spending, and we are powerless to stop him.

This sucks.  Big time.

I’m certainly glad I didn’t vote for the guy.  And people still say that McCain and Palin would have been a worse choice?  Excuse me while I laugh hysterically.

Exit question:  if he can do these kinds of things, why didn’t he do it with AIG before the big pile of bantha poodoo happened with their bonuses?  Just asking…  You’d think he wanted that to happen so he could justify this bit of socialism.