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Monday, December 08, 2008

Obama, Dodd Provide Glimpse of Coming Socialism

Both Barack Obama and Senator Chris Dodd (D-CT) stated on Sunday that GM's CEO needs to be replaced.

Well, hot damn!

Who died and made the great Obama and Dodd god?

Government has no business telling business who should hold the top positions in their various enterprises...that is, unless that government is rank Socialist.

The person who holds the reigns at GM is a decision made by the Board and the major stockholders. The stockholders own the company, not the government. Therefore, government has absolutely no role in dictating to a business who it should choose as its CEO.

The statements of Obama and Dodd on Sunday are merely a foreshadowing of things to come. The government has not given the Big 3 automakers a single dime of bailout money, yet they are already dictating management decisions.

Just think of what they will do once they get their foot in the door of the Big 3 with a hefty multi-billion dollar bailout--complete with enough strings attached from Washington to fly a billion kites.

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