Obama is a wartime president after all.
That may seem surprising, since Obama has decided that the war on terror is over (at least until America inevitably gets attacked again). Obama's administration is working on plans to release GITMO terrorists on U.S. soil and support them on welfare, freeing them up to devote all their time to their next terror plot. The U.S. has announced that we're not prepared to stop North Korea from launching a missile capable of reaching Hawaii, and as for stopping Iran from completing development of nuclear weapons -- it's not even on the radar.
Obama can't be bothered with enemies who are plotting ways to kill innocent Americans and decapitate its leadership. He has his hands full with a more important war -- the war on American business.
Obama's War on Business is going exceedingly well.
Obama hasn't found Osama Bin Laden yet, but he is proud that he has just executed a surgical strike against the head of General Motors. Of course, the victories in the war on business don't stop there. With the help of his comrades in Congress, Obama has forced top leaders in the insurance industry to return their entire bonus compensation (which in some cases was their entire hard-earned compensation for the year).
In record time, Obama has also injected fear and chaos into the banking industry, where many banks are trying to find a way to return their TARP money now that the strings attached have come to light. Obama has also thrown more than one large monkey wrench into the energy industry, and he is already creating unease in the health care industry.
But the impact doesn't stop there. The entire stock market is rattled. Every business in America is at risk of having its fortunes upended at the mercurial whims of Obama and his buddies in Congress. In fact, everyone's compensation is at risk, since the committee run by Democrat Barney Frank has already approved a bill to impose government controls on the pay of all employees (not just top executives) for any business that has received a capital investment from the U.S. government.
In all of this Obama has carefully avoided acknowledging the role that Democrats in the United States Congress have played in creating each of the supposed crises that the government now pretends to solve. From Barney Frank's open rejection of the Bush administration's repeated calls for reform of Fannie Mae and Freddie Mac, to fuel efficiency mandates and pro-union rules that have brought the automobile industry to the verge of bankruptcy, to Democrats' blocking of domestic oil drilling, to the massive expansion of public benefits combined with an open borders policy that is now bankrupting American health care -- big government's liberal fingerprints are everywhere there is systemic trouble.
The War on Business is a war that Obama has seemingly prepared for all his life. His associations with resentment-mongers and anti-American preachers and radicals have prepared him beautifully. In hindsight, his lack of executive experience makes perfect sense. When you're waging a war on business, that's the last thing you need.
The war on business is a war Obama thinks he has the skill, the determination, and the unrelenting will to win. With the help of Democrats in Congress, he may be right.
Well, when Obama gets his 40+ MPG mandate, it will require 2 cars to transport a family of 4.
Ford should prosper under this scenario.
Posted by: btenney | March 31, 2009 at 10:29 AM