Whats a few hundred billion among friends?

Seriously. $50 Billion to a bank here (Citi), $100 Billion to a doomed auto maker there (GM), and lets not forget, $170 Billion to an insurance company (AIG). The government has a controlling stake in GM and and AIG, and can basically tell the Citi board what to do. Yet, according to Obama, the government will not interfere in day to day operations of the companies. How then, does one explain Obama's phone call to the mayor of Detroit, assuring him GM headquarters will remain in Motown? Is that not the job of the company's CEO?
Well, I guess America is becoming a socialist regime. Hey, no wonder Obama befriended Chavez-they have both taken to the idea of nationalizing non-government companies!!

Is there any other citizen nauseated by the idea that our tax money is going to reward the Obama voters at GM?

And those banks that have been trying for months to repay their TARP loans? The government keeps on adding new measures to delay the repayment, in order to hold on to the control it has over these companies. JP Morgan, AMEX, Goldman Sachs have all realized the government choke-hold, and they have been attempting in vain to repay these loans for months!
Lets not forget the plan to raise taxes in order to reform healthcare. Granted, healthcare is expensive and needs to be fixed. But now? Raising taxes when people are making less?! Really, is he serious???

Coming soon..."Reverse Racism-is it fair?"

"Someone finally has the balls to confront Obama"

'nuff said

GM-Disaster or Affliction?

What are they thinking?????
If your house was on fire, would you add fuel?

If you saw a pile of money on fire, would you prevent it from spreading, or throw in additional cash?

Obviously, a sensible person would isolate the disaster and let it die. Right? Wrong!

The government has already pumped $20.4 billion into GM and associated companies...and it doesn't end there. It seems the government will pump another $30 billion+ into a company that may not survive. $50 Billion in tax payer, on a bet with bad odds.

Obama needs to reward his constituents at the UAW. Instead of punishing a union that was the cause of these problems in the first place, he rewards them by giving the UAW a significant stake of ownership in a company backed by the government.

Coming tomorrow

GM-A Bottomless Money Pit Or...A Bottomless Money Pit?

Openings...

I'll just jump right in. I'm a frustrated Republican. Granted, it doesnt help that I live in New York, but it is what it is. Day after day, I grow even more frustrated with the ruling party of this great country. This blog will convey my thoughts on daily goings-on in the federal realm, and lets just say, November 2012 cannot come soon enough.