America, You Asked For It!

Political News and Commentary from the Right

GM, Amtrak and an Increasingly Fascist America

by Ron Paul on Campaign for Liberty

Last week, General Motors finally declared bankruptcy. Many in government thought $20 billion in taxpayer dollars would save the company, but as predicted, it only postponed the inevitable. The government will dump another $30 billion into GM and take a 60 percent controlling interest for it. Public officials are now involving themselves in tactical business decisions such as where GM’s headquarters should move and what kind of cars it will build.

The promise that this is temporary and will eventually be profitable is supposed to ease the American people into accepting this arrangement, but it is of little comfort to those who remember similar promises when the American taxpayers bought Amtrak. After three years, government was supposed to be out of the passenger rail business. 40 years and billions of dollars later, the government is still operating Amtrak at a loss, despite the fact that they have created a monopoly by making it illegal to compete with Amtrak. Imagine what they can now do to what is left of the great American auto industry!

In a truly free market, GM would get your money one way and one way only — by selling you a car you want, at a price you are willing to pay. Instead, the government is giving public money to a private company in spite of the market signals it has been sending. Throwing money at GM does not stop it from being an engine of wealth destruction; on the contrary, it simply gives it more wealth to destroy.

Had it been allowed to fail naturally, the profitable pieces of GM would have been bought up and put to good use by now. The laid off employees would likely have found new jobs and all that capital would be in private hands, reinvested in companies that produce products demanded by consumers. Instead, we are all poorer now.

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June 10, 2009 Posted by | Obama, Socialism | , , , , | Leave a comment

Former CEO to Obama: You Scare Me

The following letter was written by former Proctor & Gamble CEO Lou Pritchett.  Pritchett says he submitted the letter to the NY Times, which neither acknowledged nor published the letter.  Once again, the MSM seeks to protect the President from concerned Americans who disagree with his Socialist policies.

Dear President Obama:

You are the thirteenth President under whom I have lived and unlike any of the others, you truly scare me.

You scare me because after months of exposure, I know nothing about you.

You scare me because I do not know how you paid for your expensive Ivy League education and your upscale lifestyle and housing with no visible signs of support.

You scare me because you did not spend the formative years of youth growing up in America and culturally you are not an American.

You scare me because you have never run a company or met a payroll.

You scare me because you have never had military experience, thus don’t understand it at its core.

You scare me because you lack humility and ‘class’, always blaming others.

You scare me because for over half your life you have aligned yourself with radical extremists who hate America and you refuse to publicly denounce these radicals who wish to see America fail.

You scare me because you are a cheerleader for the ‘blame America’ crowd and deliver this message abroad.

You scare me because you want to change America to a European style country where the government sector dominates instead of the private sector.

You scare me because you want to replace our health care system with a government controlled one.

You scare me because you prefer ‘wind mills’ to responsibly capitalizing on our own vast oil, coal and shale reserves.

You scare me because you want to kill the American capitalist goose that lays the golden egg which provides the highest standard of living in the world.

You scare me because you have begun to use ‘extortion’ tactics against certain banks and corporations.

You scare me because your own political party shrinks from challenging you on your wild and irresponsible spending proposals.

You scare me because you will not openly listen to or even consider opposing points of view from intelligent people.

You scare me because you falsely believe that you are both omnipotent and omniscient.

You scare me because the media gives you a free pass on everything you do.

You scare me because you demonize and want to silence the Limbaughs, Hannitys, O’Relllys and Becks who offer opposing, conservative points of view.

You scare me because you prefer controlling over governing.

Finally, you scare me because if you serve a second term I will probably not feel safe in writing a similar letter in 8 years.

Lou Pritchett

June 10, 2009 Posted by | Liberal Media, Obama | , , , , | Leave a comment

“Cold Cash” Jefferson jury selection underway

Yet more evidence that political corruption pervades the party that planned to “drain the swamp,” as the dishonest Democratic House Speaker Nancy Pelosi put it.

Here’s a taste of Michelle Malkin’s latest column laying out the case.

Cold cash, hot Democrat mess

Remember William “Cold Cash” Jefferson? House Speaker Nancy Pelosi and the Clean-Up Crew hope you’ve forgotten. Jefferson is the former Louisiana congressman caught with gobs of money in his freezer nearly four years ago in an FBI sting. He finally went on trial this week on a multitude of federal bribery and racketeering charges.

Refresher: FBI agents confronted Jefferson with video showing him accepting $100,000 in marked bills from a government informant. Prosecutors say he took the money to bribe a Nigerian official in a business deal. “We got to motivate him real good,” Jefferson told the informant, according to a Justice Department transcript. “He’s got a lot of people to pay off.”

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June 10, 2009 Posted by | Corruption | , , , , | Leave a comment