Wednesday, April 21, 2010

Who's is the least qualified man in American government to run a business?

The government is trying to take over business. Hidden somewhere inside the 1,300 page "Wall Street Reform" bill that nobody has read, is a provision whereby the executive branch of the federal government can take over any company it deems to be acting recklessly. Who knows what "acting recklessly" means. Knowing this crowd, not contributing the maximum allowable contribution to the DNC and all Demo-Dope candidates might be considered "acting recklessly."

But ponder this. The executive branch is the president. So we've got the guy who hasn't run anything but a campaign and a midnight basketball program ready to take over American businesses. Isn't that how Hugo Chavez got started - taking over the oil companies. Who can forget MaxiDope Maxine Waters in this golden oldie. It sounds funny. Why the government would never dream of taking over the oil companies. The government taking over the auto industry probably sounded just as funny before it took over GM and Chrysler.

This is scary stuff. The price of oil is set skyrocket this summer. Prices in lowly Ft. Wayne, IN where common sense abounds, are nearing $3 already ($2.75 - $2.84). If this bill passes and we have a spike in gas prices over $3, what do suppose the government will do? It will exercise its power to nationalize the oil companies. Depending on how high the prices go, the government might even enjoy popular support for such a move. They will lower prices just in time for the mid-terms staving off a Republican landslide. Then just after the elections, prices will rise as a means to pay down our debt. But the debt will never get paid down.

I know. It sounds crazy. But what has P-BO done in the last 15 months that a year and a half ago, didn't sound crazy? The point is that bill makes such a scenario possible.

Oh yeah, anyone who thinks that this Goldman Sachs law suit is a coincidence is more naive than a five year old at a magic show. That whole thing was timed purposefully to enrage the public against Wall Street. The reason I know this for certain is that on the Monday after the SEC's announcement on GS, the communist front group AARP started running an ad against Wall Street. That in itself wasn't so eerie. But the production quality of the spot was such that it had to have been in the can months ago. It was no simple voice over the the usual dramatic music. It had an original song and score and a voice over. They did not put that piece together over the weekend. They were ready for the precipitating event.

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