The Era of the Overlord: Obama’s Gangland Style
The Bear on May 17 2009 at 7:45 am | Filed under: Politics
Obama thinks he’s still in Kenya and this is his little fiefdom. His third world bullying and Idi Amin-esque tactics echo the same second rate gangland style politics of his homeland countries of Kenya and Indonesia (where he grew up).
Last month, Obamafia threatened CEOs. He actually said, “my administration is the only thing between you and the pitchforks.” That’s not a president, that’s a tyrant. This is an egregious abuse of power. And though exposed, the autocrat’s unchallenged attacks on America proceed unabated.
Robert Tracinski of TIA daily elaborates:
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“The breadth of Obama’s assault on capitalism is breathtaking: from seeking to regulate fine details like credit card fees, to exerting control over major banks, restructuring the auto industry from the Oval Office, seeking to nationalize the entire health care industry, and proposing a national cap on fossil fuel consumption and a thinly disguised system of energy rationing.
“But that kind of sweeping control over the economy is not compatible with a system of government designed to protect individual liberty. America’s traditional legal system is all about laws and rights and contracts—a fine web of protections for the rights of the individual—and that tends to get in the way of vast schemes for government disposal of our lives and wealth.
“So President Obama has decided to throw out that existing legal system and knock down the protections for individual rights.
“Our first major warning of this is the deal being forced on Chrysler’s “secured creditors.” These are institutions that loaned money to Chrysler when it was in trouble; they were willing to take the risk because they were relying on a legal principle which gives them first claim on the company’s assets in case of bankruptcy. Thus, in the worst case scenario, they expected to reclaim as much as 80 cents on each dollar of their investment, limiting their losses.
“But the Obama administration wants them to accept only 29 cents on the dollar, in the name of “sharing the sacrifice.” The beneficiary of this sacrifice is the United Auto Workers, a Democratic pressure group which is being shoved to the front of the line and favored above the secured creditors.”
Read more from Atlasthrugs2000.typepad.com
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