Friday, May 8, 2009

American Dream or Nightmare

This is not a sales pitch, but an observation.

Americans are about to own a great deal of Chrysler and much of GM. Ford has made it on their own - that is American. Aware of the Union's historical tactics to get their way, and now seeing the tactics of the new Administration to subvert the Rule of Law (as well as bend to the financial support received from the Unions), buying anything other than Ford is like buying from Obama motors or the UAW. The other alternative is to buy a car "made in America" by private enterprise. In some cases that may be a car with a Japan based owner or German. Made without the assistence of the Federal Government shares the American dream of independence, freedom, and without a dependence on a Union or Administration of questionable promise. Obama may be working hard to change that dream, but for some it is becoming a nightmare. The decisions made to this juncture may reflect on the decisions made in the manufacture of the Detroit-UAW-Fed-Admin-Obama (the new "DUFAO")automobile. I wish I were a cartoonist and could draw it for you. How can DUFAO fail? We - Americans - will be supporting every bad decision they make, just to save face for Obama. But every car sold will have a few of our dollars under the drivers seat.

George F. Will in a recent editorial in a number of national newspapers, under the heading, Sunbeams from Cucumbers notes, "Buyers should choose Ford Motor Co. This is so because Ford has, so far, avoided becoming an appendage of the government. And because national interests will not be served by GM and Chrysler flourishing." He likens what is transpiring in Washington as "the Academy of Obama." Obama, it seems, views honest investors, which he now seeks (needs) to invest in the Banks and other enterprises the governement wishes to save, as second class citizens, often as the ones to "blame for problems," the perfect scapegoat. Take those that can profit from whatever they do (even as a saver/investor)and suggest they do so at the expense of innocents, on the back of innocents, and do so in a mean, callous, selfish fashion. For any of us that want our hard earned money safe, invested for gain, Obama has little or no respect.

Capitalism is under attack by Obama - to be used as needed, and to be abused whenever it makes Obama look good. Some of those he calls hedge funds and whom he has tried to command take less (from the Chrysler cadaver) than they deserve, even when they are in line for whatever remains in the order established by the government (rule of law line-up),have teachers, workers from various industries, self-employed persons IRA's, and thousands upon thousands of employees pensions under their care. When it is advantageous 'investors' are good, otherwise they are transmogrified into 'speculators', a convenient Jekyl and Hyde transformation. Obama appears to be fronting his interest in the Unions for their financial support for his election (past and future). This seems more like Chicago politics. Obama may have learned well from his local activities in that City.

It is true that most voted for Obama - but not all. When the Administration mouthpieces make claims that the direction they are heading America is supported by the "vast" majority, I have my doubts. What about you? Time to think 2010.

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