Free Republic

Remember the Chrysler "hedge fund investors" that President Obama berated on national TV? Among these people labeled as "no-goodniks" by the President were organizations such as the the Indiana State Teachers’ Retirement Fund, and the Police retirement fund. The President of the United States was trying to intimidate retired teaches from exercising their rights as primary investors. That's the politics of change, screw a bunch of retired teachers to reward the UAW for helping you get elected. Apparently it was not only retired cops, teachers and other primary investors screwed by the GM/Chrysler Bailout deals (along with the American taxpayer),...

More Hope and Change... Rep. Vern Buchanan (R-Fla) lost his Chrysler dealership in Florida. He found out from a fellow colleague. News 10 reported: Even a member of Congress is on Chrysler's dealership hit list. Rep. Vern Buchanan, R-Fla., a businessman who has owned car dealerships since 1992, learned Thursday that his Venice, Fla., Dodge dealership was among those scheduled to be terminated. "It's an outrage. It's not about me. I'm going to be fine," said Buchanan, the dealership's majority owner. "You're talking over 100,000 jobs. We're supposed to be in the business of creating jobs, not killing jobs." Chrysler...

Although Barack Obama is often compared with FDR, the current president is actually more radical than was Roosevelt. That was among my comments when I appeared on a panel this morning on ‘Money For Breakfast’ on the Fox Business channel. Hosted by Alexis Glick, my fellow panelists were Elaine Chao, Labor Secretary‌ in the administration of Pres. George W. Bush, and Al Lewis, of Dow Jones Newswires. My argument on Obama being more radical than FDR was this: Roosevelt created the modern welfare state. Dubious as was that achievement, the change Obama would impose is even more fundamental. He seeks...