Why do we worry about a Socialist Obama when we already have…

A SOCIALIST GOVERNMENT!!!!  I have already ranted about Government bailouts here NOW WE HAVE MORE of the same!  The Big 3 are pushing Congress for another $25 billion on top of the $25 billion for retooling to produce more efficient vehicles.  News flash.  This is all a farce!!!  GM claims they won’t have enough money to operate beyond February ’09 (give or take) while Ford says they have enough money to operate well into ’09.  Who knows where Chrysler stands.  What we do know is that the Big 3 are pushing Congress to act now “or else.”  What does this mean?  Scare tactics on behalf of the auto industry?  GM already burned through a little over $6 billion in 3 months while posting a $2.5 billion loss.  Who knows what the clowns at the helm of GM are doing right now.  The auto industry has been losing money since 2006 and somehow they couldn’t read the writing on the wall.  In the CAFE legislation, Congress provided the framework for $25 billion in loans to the auto industry to retool their factories to produce smaller more efficient vehicles.  Well… IT’S A LITTLE TOO LATE NOW!  Another $25 billion to produce excess crap and support a pathetic business model is a serious waste of money.  And this is how socialism destroys an economy.  Government ownership/interference in the public sector = FAIL!

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