Dec 09 2008
Nationalization And Destruction Of America Continues
The U.S. Government is getting ready to purchase Michigan’s auto industry. Who is leading the charge? None other than those failed congressional leaders responsible for this financial crisis we currently find ourselves in. The very congressional leaders, with no business experience, that now control many of our banks and now are trying to get substantial ownership in these companies under the guise of yet another bailout.
This is a Nationalized takeover of the auto industry at its finest. The predator is seizing its prey-just as they did with Wall Street.
Rush said it best. The Democrats are copying Russia’s Putin, as they move in to claim private industries.
… Just listen to the story here. Headline: “‘In Hard Times, Russia Moves In to Reclaim Private Industries’ — In late October, one of Vladimir V. Putin’s top lieutenants abruptly summoned a billionaire mining oligarch to a private meeting.
The official, Igor I. Sechin, had taken a sudden interest in a two-year-old accident at the oligarch’s highly lucrative mining operations here in Russia’s industrial heartland.
Mr. Sechin, who is a leader of a shadowy Kremlin faction tied to the state security services–” just call it the KGB, New York Times. They don’t call it that now, they call it something else, but it’s the old KGB.
“Mr. Sechin –” this is Putin’s top lieutenant “– said he was ordering a new inquiry into the mishap, according to minutes of the meeting. With a deputy interior minister who investigates financial crime at his side, Mr. Sechin threatened crippling fines against the company, Uralkali.
Startled, the oligarch, Dmitri E. Rybolovlev, pointed out that the government had already examined the incident thoroughly and had cleared the company of responsibility.
He further sought to fend off the inquiry by saying he would pay for some of the damage to infrastructure from the accident, a mine collapse that injured no one but left a gaping sinkhole.” They have a picture of it here, it is a huge sinkhole but nobody got hurt.
“His offer was rebuffed, and it seemed clear why: the Kremlin was maneuvering to seize Uralkali outright. Mr. Putin, the former president and current prime minister, has long maintained that Russia made a colossal error in the 1990s by allowing its enormous reserves of oil, gas and other natural resources to fall into private hands.
He has acted uncompromisingly — most notably in the case of the Yukos Oil Company in 2003 — to get them back,” under Soviet, I mean, Russian control.
“Now, the Kremlin seems to be capitalizing on the economic crisis, exploiting the opportunity to establish more–” you can’t make this stuff up.
This is right out of the Rahm Emanuel school. This is a chicken and egg question. Did Rahm Emanuel come up with this or did communists come up with this, and who’s copying who?
The Kremlin seems to be capitalizing on the economic crisis. Rahm Emanuel says this crisis is too good to waste.
“Now, the Kremlin seems to be capitalizing on the economic crisis, exploiting the opportunity to establish more control over financially weakened industries that it has long coveted, particularly those in natural resources.”
Any of this sound familiar? Does some of this sound familiar to you folks out there? Andrew Cuomo saying no to your bonus, Mr. Thain; Chris Dodd telling Rick Wagoner you gotta go; Barney Frank, the Banking Queen, telling everybody how they must spend their money.
Russia retaking — I know there’s a big difference here. Russia, the communists are retaking theirs. We’re just doing this for the first time here. But it still means we’re copying them, still means what it means, it means American liberals and Russian communists have quite a lot in common. American liberals are just a little late on the draw.
And it keeps getting better. We shall be getting a “Car Czar” that will be in charge of this colossal nationalization of the Detroit auto makers. Kenneth Feinberg, who oversaw the 9/11 victims compensation fund, is said to be a top contender.
Czar, it even sounds Russian.
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Funny you should mention that it sounds Russian. Using the word czar in American politics goes back to 1832, and if memory serves me-something that is failing me lately- our man Nixon appointed the first drug czar. There were nine czars in the Bush white house, including a ‘war cazar’ and a ‘propaganda czar’. The way I understand the bridge loan for the carmakers it will hardly nationalize them nearly as much as what has happened with Wall St. Oh, and the ‘car czar’ was a condition by Bush- he gets to pick the guy. It was one of the only ways he’d go along with giving the carmakers even four percent of what he gave the suits in the stockmarket.
Rush is fine and all, but you said the people who have spent their entire lives in Washington dealing with this crap don’t have the experience to solve the problem. That would lead me to believe that you would think some guy on the radio has even less experience. And the only preadators during the Wall St bailout so far have been Paulson and the republicans in the house that needed an extra 160 billion in pork before they’d pass the bailout bill.
Hey Rex, thanks for visiting.
You are absolutely correct about the title “Czar.” I hate the word and always have. It sounds so ominous.
As for the choice being made by Bush- so what. Bush is wrong on the bailout also. This is CONSERVATIVE Politics Today, not REPUBLICAN Politics Today.
Lastly, that “guy on the radio” runs a successful multi-million dollar industry. He is the epitome of experience and proven success, and our congressional leaders would be wise to consult him.
Because the free market has been working oh so well lately. Your team is so preoccupied screaming, “The Reds are coming! The Reds are coming!”, that you fail to notice the economy’s falling apart from its seams and it can all be blamed on Reaganomics.
The only “guy on the radio” who should have a legitimate voice in American politics is Howard Stern.