SOCIALISM Step 9, COMMUNISM Step 2

About: Obama Tells American Businesses to Drop Dead: Kevin Hassett

SLURP!
~
With the bankruptcies of GM & Chrysler the Obama administration now has a proven model of how to takeover a private corporation, replace it's board of directors & dictate what it must make; one slight problem with Chrysler remains with SCOTUS. The model shows that the government can replace a board of directors, CEO, tell the companies what products to sell & give their unions company assets and a seat on the board as well as determine the wages the company can pay. Next in their sights will be the medical industry & probably simultaneously the energy industry. With a success in those there is nothing to stop the cascade into deep socialism.
source: ... I’ve finally figured out the Obama economic strategy. President Barack Obama and his team have been having so much fun wielding dictatorial power while rescuing “failed” firms, that they have developed a scheme to gain the same power over every business. The plan is to enact policies that are so anticompetitive that every firm needs a bailout.

Once that happens, their new pay czar Kenneth Feinberg can set the wage for everybody and Rahm Emanuel can stack the boards of all of our companies with his political cronies.


... Richard Nixon in the '70s tried a freeze on wages & prices & failed. Now we have a czar to do the same.
source: ... Although they have been resorted to often, economists usually agree that price controls don't accomplish what they are intended to do and are generally to be avoided.[2]
...
The rest of the model hangs upon Obama's tax plans. His plans are to suck more taxes from US corporations doing business in foreign countries. The net of that tax hike will be the unintended (or intended?) consequence is that companies like Microsoft will take their employees & business elsewhere. Those companies still left will be ripe for bankruptcy because they will be at a competative disadvantage with foreign countries who take less tax away from corporations & are friendlier to business.  With bankruptcies the Obama Machine goes slurp & more companies enter the model.
Read the entire article for the detail explanations. Apparently Obama's director of economic council is aware of the problem, but economic science notwithstanding, their big government greed for more money to spend can't help itself. No country has ever spent itself out of a recession!

Tags

  1. communism
  2. socialism

Comments


Seth says
This article is pretty much just innuendo not justifying the title.

Mark de LA says
seth 2009-06-09 08:44:38 12072
This article is pretty much just innuendo not justifying the title.
It is prediction based on the course of events since Obama took office. You may like the ultimate destination or not but you can't hide the facts which support the predictions; auto industry takeovers, bankruptcy followed by takeovers, heavy-handed restructuring, product & wage requirements, etc.  Additionally the cap & trade bills & health-care for everyone will bankrupt other companies making these predictions come true. Obama's buddies in Fannie Mae & Freddy Mac & AIG helped bankrupt the banks & mortgage industries with the same results beginning way back in the Clinton administration. (Don't bother re-spinning that one we've already beat that horse to death). O, BTW, did I fail to mention class-envy & tax the rich to support all the bread & circus acts? Go back to history & look at what Marx & Lennon did & currently Chavez in Venezuela if you need a wake-up call.


Seth says
Actually things like the extra scrutiny of bonuses ("wage requirements") probably had a very beneficial effect, it got the bank executives to give us back $68 billion of our money.  Don't go bankrupt and you won't have tha scrutiny.  The rest of your comments, and Newt's speech last night, are the normal uninformative conservative imagination to juice the base into fear mode ... not really something that is worth parsing in detail.  Tell me something that is really happening and you will get my attention.

Seth says
I'm surprised you missed this one about how Obama is scaling back his goals for America.

Mark de LA says
seth 2009-06-09 09:40:38 12072
Actually things like the extra scrutiny of bonuses ("wage requirements") probably had a very beneficial effect, it got the bank executives to give us back $68 billion of our money.  Don't go bankrupt and you won't have tha scrutiny.  The rest of your comments, and Newt's speech last night, are the normal uninformative conservative imagination to juice the base into fear mode ... not really something that is worth parsing in detail.  Tell me something that is really happening and you will get my attention.
It was interesting how some of them were forced to take the TARP money in the first place. Perhaps when they finally get a chance to give it back they jump. You would do better addressing the issues than brushing them off. The Obama-juice cocktail you have been drinking is down to the last few drops & his empire is beginning to crumble. Some of them were forced to take the TARP money in the first place . Did you watch Newt's Speech or are you passing on hearsay?


Seth says
MR 2009-06-09 14:17:59 12072
seth 2009-06-09 09:40:38 12072
Actually things like the extra scrutiny of bonuses ("wage requirements") probably had a very beneficial effect, it got the bank executives to give us back $68 billion of our money.  Don't go bankrupt and you won't have tha scrutiny.  The rest of your comments, and Newt's speech last night, are the normal uninformative conservative imagination to juice the base into fear mode ... not really something that is worth parsing in detail.  Tell me something that is really happening and you will get my attention.
It was interesting how some of them were forced to take the TARP money in the first place. Perhaps when they finally get a chance to give it back they jump. You would do better addressing the issues than brushing them off. The Obama-juice cocktail you have been drinking is down to the last few drops & his empire is beginning to crumble. Some of them were forced to take the TARP money in the first place . Did you watch Newt's Speech or are you passing on hearsay?

Yeah i watched as much of it as i could stomach.  I used to have some respect for the man, but all he was doing was repeating the same old unjustified talking points.  When i hear someone repeat sound bytes that i already know are out of context and twist them to mean something that they don't mean, then i pretty much tune out.  What i'm lookin for is real and information, not made up stuff.

Mark de LA says
Which words of Newt were talking points? unjustified? How were they twisted to mean something other than they mean ? Your generalizations & ad hominem stuff doesn't pass the smell test here.


Mark de LA says
GM & Chrysler(Fiat)-(outsourcing an entire company to Italy?) in the rear view mirror, what's NEXT?


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