Monday, June 01, 2009

U.S. government carjacks automotive industry

GM Files for Bankruptcy Protection - WSJ.com
Monday, U.S. President Barack Obama defended government intervention in GM as the auto maker enters Chapter 11 bankruptcy, saying the actions are part of a 'viable, achievable plan that will give this iconic company a chance to rise again.'

Which article of the Constitution authorizes the government to use public funds to "rescue" a private company?

This administration -to some extent like its predecessor- has an insatiable and rapidly growing appetite for expansion of its powers without regard for constitutional limits.

The American dream of liberty, self-reliance, and freedom from undue government intrusion, is being transformed systematically to a bleak, marxist nightmare in which the entire economy -and every aspect of life- is subsumed under government control.

When will the American public wake up and begin to exert pressure on Congress to stop this headlong race to a totalitarian future?

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