Obama’s America has more Czars than Imperial Russia. Information Czar , Budget Czar , Energy Czar , Health Czar , Pay Czar , Terrorism Czar , Technology Czar , Car Czar , Green Jobs Czar – I could go on ; the list is long. Here is Glenn Beck’s take ” Know Your Czar’s ” from Glenn Beck Radio:
These Czars work for the White House , accountable to Obama , but are not accountable to Congress. I believe this is in violation of a little piece of paper – called the Constitution.
Obama’s Czars had no senate confirmation nor any congressional oversight. Does CZARS stand for Corrupt Zealots Appearing Really Sinister?
Market Forces ought to determine the Fate of the US Auto Industry – NOT intervention from a government saddled with a record deficit. While White House and congressional negotiators seek an Emergency Rescue for the US Auto Industry here’s what Keith Olbermann & Michael Moore had to say:
It’s looking More & More like All Common Stock Shareholders of GM & Ford are Going to Be Wiped Out – Zero – Zilch – Nada. First a Socialist Banking System – Now a Socialist Auto Business.
A government “Car Czar” will oversee the bailout – new corporate leadership and Concessions by the UAW United Auto Workers union.
Goodbye Free Market Economy Hello USSA : United Socialist States of America.
In exchange for a Multi Billion Dollar Bailout under a plan circulating in Congress the government would order a major restructuring of GM Ford & Chrysler – Detroit’s struggling Big Three Auto Companies.
Any government aid might be ” highly conditional ” and only occur after a
Replacement of current management
Concessions from both the UAW and automakers
A Wipeout of Existing Equity and Debt holders
Nationalization of the Auto Industry to include a ” Car Czar “
A Government-run restructuring would include Massive Downsizing and Labor Givebacks.
Restructure – Reorganize – Get Rid of the Union Contracts bringing them down – A New Business Model and Move Forward
Political Power is Controlled by those who Control the Money Supply.
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