If you don’t live under a rock (and frankly a rock wouldn’t be a bad place to live under these days), you’ve no doubt heard that Obama has fired CEOs, picked board members, altered bankruptcy proceedings, and has refused to allow banks to repay their loans without ridiculous conditions being imposed. He is also moving toward regulating the pay of executives even if their companies didn’t take bailout money. You might have heard how Obama has bullied and threatened hedge funds that demanded that their legal rights as secured Chrysler debtholders be recognized and respected as their money is given to unions in a clear case of political payback.
And if you have any understanding of American history at all, you should realize what a massive abuse of power all of this is.
Obama can say whatever he wants about not wanting to control the economy. But actions in this case scream far louder than words. On front after front (e.g., industry, banking, health care, energy, education) his administration is engaging in a naked grab for unprecedented power and control.
FDR doesn’t even come close: the New Deal in inflation adjusted dollars cost an estimated $500 billion; Obama has spent or committed $12.8 TRILLION so far.
There is so much federal government money going to who-only-knows that it boggles the mind.
And Obama – who has already demonstrated that he is perfectly willing to abuse his power – is at it again.
The People’s Republic of California – like many other failed liberal utopias – is on the fast track to insolvency. And you can bet that that outcome is going to be significantly expedited if the Obama administration follows through on its threat to cut off stimulus funding unless California does things the way Obama wants.
The state of California enacted measures in order to save $74 million, but state governments have apparently forfeited all sovereignty under Obama rule.
Reporting from Sacramento — The Obama administration is threatening to rescind billions of dollars in federal stimulus money if Gov. Arnold Schwarzenegger and state lawmakers do not restore wage cuts to unionized home healthcare workers approved in February as part of the budget.
Schwarzenegger’s office was advised this week by federal health officials that the wage reduction, which will save California $74 million, violates provisions of the American Recovery and Reinvestment Act. Failure to revoke the scheduled wage cut before it takes effect July 1 could cost California $6.8 billion in stimulus money, according to state officials.
The news comes as state lawmakers are already facing a severe cash crisis, with the state at risk of running out of money in July.
The wages at issue involve workers who care for some 440,000 low-income disabled and elderly Californians. The workers, who collectively contribute millions of dollars in dues each month to the influential Service Employees International Union and the United Domestic Workers, will see the state’s contribution to their wages cut from a maximum of $12.10 per hour to a maximum of $10.10.
The SEIU said in a statement that it had asked the Obama administration for the ruling.
Now, the person with brain wave patterns above those of a corpse have to recognize that Obama – who has already literally given the previously privately-owned farm to UAW union members is imposing his will on California in order to reward the big labor movement that so rabidly supported him.
As a Senator Obama got on his moral high horse and preached one sermon after another about how Bush had violated executive power, and how he would be a president who “respected the law.” And he has already revealed that he is cut from the same cloth as Stalin: all he needed to show his true colors was the opportunity to seize control.
I’ve written about this before. Just over one year ago I wrote on the subject of how postmodernism leads to fascism. I said in part:
Already some postmodernist sects explicitly advocate and demand such measures; all they lack is the power to impose their will.
And now they are accumulating that power.
Democrats and liberals are postmodernists; and postmodernism contains all the underlying philosophical presuppositions essential for fascism to rear its monstrous head yet again.
Liberals are becoming flat-out fascists now, and that is “change” that you should always have “believed” would come if they accumulated enough power.
Just keep sitting around doing nothing, and keep watching your boob tube while your new Fuhrer takes away one thing after another that this nation always intended for the people to be able to choose for themselves.
Tags: abuse of power, bankruptcy, banks, California, Chrysler, fascism, loans, Obama, power, SEIU, stimulus, UAW, unions
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