Power grab

Jewish World Review ^ | June 12, 2009 | Linda Chavez

[reaganaut1]

The Obama administration is engaged in the most sweeping power grab in modern American history, but few people seem to care. In barely four months, we've witnessed the president and his minions taking over insurance companies, banks, and car companies, forcing private companies to sell off assets, appease unions, and stiff bondholders. Administration officials have insisted some companies take government handouts even if they don't want them and told others they can't pay back the money they've borrowed until the government gives them permission. Now, the president has decided he'll appoint a "compensation czar" whose job it will be to decide what constitutes fair pay for corporate executives. Why stop there? And, of course, they won't.

The latest move — the appointment of Washington lawyer Kenneth Feinberg to oversee pay of the top employees at seven companies that have taken government funds — may not seem radical, but it is. Earlier this year, in response to public criticism of the retention bonuses paid to some executives at the troubled insurance giant AIG, the administration proposed capping executive pay at $500,000 at firms receiving government assistance through the Troubled Asset Relief Program. But Treasury Secretary Tim Geithner abandoned that plan when he finally figured out that the execs would simply bail on the company, leaving the government without experienced and talented hands on deck.

So now the administration is moving to Plan B: Forget about pay caps per se but appoint a government overseer to set pay individually. Until now, in publicly traded companies that job fell to the board of directors and its compensation committee, whose legal and fiduciary responsibilities entail acting on behalf of shareholders.

[Erik Latranyi]

I am probably stating the obvious, but I firmly believe that we will find out that executives who contribute to the DNC will have higher pay than those who contribute to the RNC.

[G Larry]

To emphasise:
Obama has taken over:
Insurance companies, (AIG)
Banks,(CITIGROUP)
Car companies,(GM & CHRYSLER)
Payed off Unions,
Violated Contract law and stiffed bondholders.
Is in the process of:
Destroying Healthcare in America,
(No matter the lies Obama tells, his actions WILL cause rationing of healthcare and destruction of medical research.)
Detroying America’s Energy industry and drive energy costs through the roof.
And before it is all over, he will use the resulting anger of Americans as an excuse to confiscate your weapons.
Print this checklist and write down the dates they occur.

[silverleaf]

Just wait until the political squeeze comes to force CEO’s and companies to continue sending financial contributions to the democrat party, even as it cuts their throats

As Ken Lewis testified yesterday- the obama adminstration, cabinet, appointees and rest of democrat party is evolving into one huge ACORN

[Boiler Plate]

BTT

[coydog]

It’s like he’s itching for a civil war.

[MrB]

The left historically kills their political opponents.
Obama also has a racial chip on his shoulder, as well as the inherent leftist blood lust.

So, he, and the left, are looking for an excuse to kill (white) conservatives.