Friday, June 18, 2010

Dictator Obama's Shakedown of British Petroleum

Socialist President Obama brought British Petroleum executives into the White House, after first refusing to meet with them, and DEMANDED that they place $20 billion into a escrow account, controlled by one if his crony appointees, to deal with the oil spill disaster in the Gulf. While there is no doubt that BP is responsible for the cost of the clean up and damages done to states, businesses and individuals, the precedent set by Obama is dangerous to our democracy. We have the rule of law and a court system in the United States to deal with damage claims. BP executives, under threat of nationalization, jail time, or perhaps potential bankruptcy, felt Dictator Obama's boot on their neck so they acted accordingly; though they were prepared to take responsibility anyway. Of course, the federal government is taking no responsibility in this matter, as usual, even though the Department of Interior actually approved this deep water well including its construction.

Obama's use of dictatorial executive power, way beyond anything allowed by our Constitution, is a step too far. Let us not forget that when Obama nationalized General Motors, the President completely disregarded the rule of law and basically stole the assets of General Motors, which belonged to its creditors and bond holders in accordance with the law, and gave them, at no cost, to the United Auto Workers union, big supporters of Obama. This blatant expropriation of assets, that typically happens in banana republics run by dictators, undermines our entire financial system causing investors to be leery of the United States. The long term impact of expropriation will be less investment in the US.

So now, an Obama crony will control this $20 Billion slush fund, provided by BP, that will be used to reward Obama supporters in the Gulf States. And, the government has proven over and over again that it can rarely manage anything very well, i.e. Social Security, Medicare with all of its fraud, the Post Office, Amtrac, Fannie Mae and Freddie Mac, which are all bankrupt. Since history is our teacher, giving a government bureaucrat $20 Billion to manage will only result in corruption and fraud. Further, watching Socialist members of Congress, who are bankrupting the United States, sanctimoniously grill BP's CEO was downright sickening. These Socialist haters of free market capitalism just would not take YES for an answer, preferring instead to grand stand the issue. BP's CEO's has clearly said that they have every intention of doing what is necessary to deal with this oil spill including covering the cost of clean up and damages. What more is there to say!!

Most important, this unprecedented Obama power grab is a clear and present danger to our democracy and the rule of law. The similarities we see between the actions of Obama, Hugo Chavez in Venezuela and other Socialists, Communists and NAZI's throughout history are stark. The President of the United States, who ever that is, must be governed by the powers granted within the Constitution, even during national emergencies. To do otherwise is an assault on our Democracy. BP was fully capable of meeting its obligations to deal with the Gulf oil spill under common liability laws with typical court, or government over view. Obama's Big Brother intervention specific to managing the monies involved is just a big government power grab to reward Obama supporters; the same as occurs in banana republics run by dictators. Obama must be seen as doing something, anything to deal with this oil spill to counter charges of his blatant incompetence.

Socialist Dictator Obama proves every day that we must take back our country in 2010 and 2012 by electing Conservatives who support free market capitalism, limited government, lower taxes and less regulation, a balanced budget, term limits, a strong national defense, including securing our borders and fighting Terrorism, real energy independence and health care reform, the right to bear arms, the sanctity of life and family values. Most important, we must elect Conservatives who support the Constitution, as written by our Founding Fathers, not as contrived by Socialists Obama, Reid, Pelosi, former Presidents, Congresses, or the Courts. We must stop the Obama power grab and all the Socialist Schemes because they are dangerous to our Democracy and our freedoms. We can do it. We will take back our country in 2010 and 2012 for the sake of our children and grandchildren.

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