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?
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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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