Tuesday, March 31, 2009


The government is taking over.

If there was an lingering doubt, the events of the last two days will have removed it for all thinking human beings.

In the short span of those two days we have witnessed the ousting by the Obama Regime of the CEO of a major American corporation, Rick Wagoner of General Motors; and now Barney Frank's House Financial Services Committee's empowering of the Treasury Secretary to impose the 1984esque Pay For Performance Act Of 2009.
According to this legislation, the Secretary would be empowered to use his subjective judgment in determining "reasonable compensation" for ALL employees of companies receiving bailout funds.

As if there weren't enough reasons already to end and rescind the bailouts, here now is the most pernicious to date.

The exact intent of this legislation is difficult to determine.

Unless it is as it's author Alan Grayson says, "to protect the public's money."
Well, if that's the intent, then please just return the money to the public.
You should never have given it away to begin with.

Or, perhaps, the purpose is, according to Grayson, to "show which Republicans are so much on the take from the financial services industry."
Maybe it will show precisely that.

But what it already shows is that liberal Democrats continue apace to implement their own brand of fascist economics on the American people.

We will be poorer for it.

In fact, we already are.

No comments: