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May 14, 2009
EDITORIAL EXEGESIS
EDITORIAL EXEGESIS
The Washington Examiner via The Patriot Post
"Give President Obama credit -- he at least made the proverbial offer Chrysler's secured creditors couldn't refuse. The way Obama strong-armed creditors who rightfully expected to be treated justly under the law was right out of Juan Peron's playbook.
Like the Argentinian strong man, Obama muscled the owners and creditors out of a productive private company and gave it to union leaders, who will then fill his campaign coffers in gratitude for his generosity. The Examiner's Michael Barone -- who has forgotten more about American government and politics than most Washington political experts know -- was correct to dub Obama's Chrysler heist 'an episode of Gangster Government.'
Forget what anybody in the White House or what is left of the Chrysler executive corps claims to the contrary because the UAW effectively owns the company now, holding 55 percent of its stock.
True, the union doesn't get an explicit controlling majority of the board of directors, but who needs that when you've got the White House guaranteeing your work and the U.S. Treasury Department making sure you never have to worry about the bottom line. ... Contrasting mightily with the Pennsylvania Avenue Gang's thuggery is the quiet confidence of Ford Motor Company's president and CEO, Allan Mullaly. He had the foresight three years ago to strengthen his firm's cash and credit reserves in anticipation of the inevitable decline of auto sales.
When GM and Chrysler headed hats-in-hand to Washington last fall, Mullaly said Ford didn't want a bailout and then watched quietly as his two cross-town rivals committed corporate suicide. Now Ford is positioned strongly to be the last great American car company. With a guy like that at the helm, it's enough to make people who love American free enterprise go out and buy a new Ford."
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Wild Thing's comment.......
Obama is on the side of the Unions, he probably celebrated his vicotry with all of this with the Unions getting more power then even before.
....Thank you Mark for sending this to me.
Mark
3rd Mar.Div. 1st Battalion 9th Marine Regiment
1/9 Marines aka The Walking Dead
VN 66-67
Posted by Wild Thing at May 14, 2009 05:45 AM
Comments
We will continue to buy only Ford trucks.
God, how can so many people not see the thugacracy here??
Oh yeah. They went to public schools during the last few decades. They know nothing of our Constitution. Nevermind.
Posted by: yankeemom at May 14, 2009 07:36 AM
Of course he is for the unions! They got him elected. I'll wager to bet Obamanation has never read the Constitution and has little knowledge of what the Bill of Rights really are. He's a conniving snake in the grass with delusions of Godhood. I wish I could afford to send my 7 year old to a private or parochial school, but I can't. Obama is taking everything I make to give to some lazy bones who won't get off his butt and get a job.
Posted by: Lynn at May 14, 2009 08:18 AM
Fords or foreign only from now on.
Of course the government fleets will be GM or Chrysler products only as the government buys from itsself. There will be massive cost overruns and quality control problems. I wonder what happens when the unions go on the inevitable strikes, this time against themselves. Oh boy, we are in for a circus, a bad circus.
Posted by: TomR at May 14, 2009 12:20 PM
I wonder why so many cophragia suffering Dhimmocrats are driving Volvo's if they are so concerned about American made, they are supporting Sweden with an apocalyptic drop of 99.7% of Volvo sales in Europe. Oh dear, I forgot it's all about the Unions.
Posted by: Jack at May 14, 2009 03:27 PM
Jack, you never cease to amaze me with some of these words, amazing...I knew there had to be a word for what the democrats do.
Bill Engvall told a story about his dog who was a Cophragiac and the vet told him to sprinkle some of this medicine on his food.
So what does that do for it, the Vet said it makes it taste bad.
Yup looks like Fords from now on. I mean who's gonna be in charge of the Mr. Goodwrench department from now on ?
Maybe the democrats can form a new Lobbyist group called 'PEA' short for 'Poo Eaters anonymous'.
Posted by: Mark at May 14, 2009 04:03 PM
The Unions keep forgetting that those are not their jobs. The jobs are the companies and if the company is not healthy the jobs disappear.
Posted by: Avitar at May 15, 2009 02:00 PM
