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Obama has just nationalized Chrysler. Are we on our way to the USSA?

Read this article. It details the power that Obama now has over a major US Corporation.

http://news.yahoo.com/s/ap/us_chrysler_analysis

I can see him doing this to GM as well, and then driving Ford out of business (after all we only really need two car companies).

Next will be the banks, and so on. Will we be seeing Obama's five year plan next year?

By the way, the Senate is moving to control the what foods can be in the schools. No more Assault foods such as twinkies and ding-dongs.

Update:

For those of you who do not read the article, it points out that Obama just replaced two of the members of the Chrysler board of directors. He is fully in charge of the company and answerable to none.

16 Answers

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  • 1 decade ago
    Favorite Answer

    Tracygav writes: "Nationalizing companies for a SHORT period of time is a bit different from a Communist country."

    Its NEVER a short period of time whenever government gets its hooks into an industry.

    Will H writes: "What planet do you people live on? He forced Chrysler into bankruptcy, so they could restructure."

    We live on planet earth. What planet do you live on? Because if I recall correctly, the bailout was supposed to PREVENT bankruptcy! The GOV’T told us they just could NOT go into bankruptcy... “who would buy a car from a bankrupt company?” Remember you liberals asking that question during your support of the bailouts??? You're doing a 180.

    And Chrysler doesnt need to go bankrupt to "restructure", (which by the way neither you or Obama has a clue as to what that means or entails).

    This was and is all about payback to the unions for getting him elected.

    "By the way this what Republicans have whined about and wanted since they destroyed the economy."

    No, we did not want this.

  • 1 decade ago

    I bet he wanted to be the CEO of Chrysler instead of governing the country. USSA is about to be implemented in full force . Now I believe that Obama is a socialist. Obamas shady past that the left wing mainstream media did not cover during his candidacy, are emerging little by little ( you can only read it in the internet during that time). That's too bad because most of the people who voted for him because of his charm , good looking ,eloquent speaker. He wants to be the CEO of Chrysler while the CEO of the Country will be a disastrous mix up. He doesn't have a management training , how could he manage both? Hire more people to keep expanding the government?

  • 1 decade ago

    You have a long way to go until you get like the United Kingdom - with the NHS and BBC. However this often can help society by forcing up standards and improving competition. With Chrysler being nationalised, they will have more of a duty to make good, sellable cars. However if they fail to make money, your government will waste millions in subsidies - like our failed Coal industry. It can work both ways!

    Back to the original question on the USSR.. no, I would imagine America would be the last country to turn Communist.

  • 1 decade ago

    Chrysler got huge amounts of cash back in 1979... and emerged independent.

    They only way to prevent this in the future is to end the UAW's contract and for Chrysler to build good, fuel efficient vehicles.

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  • 1 decade ago

    What planet do you people live on? He forced Chrysler into bankruptcy, so they could restructure. By the way this what Republicans have whined about and wanted since they destroyed the economy. The government's only role will be to guarantee warranties so people are not afraid to by their cars and won't be able to get them fixed. God Conservatives are really clueless and much more stupid then I originally thought. Stop watching FAUX NEWS and listening to a drug addict and serial groper.

  • DOOM
    Lv 7
    1 decade ago

    No, communism is defined by state-owned industry. Fascism is defined by state-controlled industry. Obama has taken control of Chrysler, just none of the responsibility.

  • ?
    Lv 4
    5 years ago

    definite he might want to have. the single element I talked about in mass abundance in the course of the marketing campaign referring to to Obama supporters replaced into that that they had no theory of what he replaced into actually declaring and featuring. I challenged them oftentimes to contemporary the recommendations of why they were voting for this guy, or to describe particular coverage proposals and statements. The solutions got here back very nearly uniformly as platitudes like "definite we are able to" or "substitute". They couldn't even quantify what might want to signify substitute previous the plain substitute from Republican to Democrat. regrettably even contained in the face of disastrous coverage being pushed with the help of this administration many nonetheless favor to proceed to be uninformed.

  • 1 decade ago

    No, Obama wants to lead the car industry into success!

  • Anonymous
    1 decade ago

    somebody needs to remind Obama that it is not him that owns it it is the tax payer, and he is the leader of the democratic party not the leader of the taxpayer,....that is what the constitution was made for...the taxpayer rules ..not government......stand up americans and demand your rights....why let government take them away....you paid for the control of the auto industry , you need to take your place on the board of voters for what is best for the company.........otherwise you are all pansies....

  • Already there. Congratulations, Comrade. Let's enjoy a vodka and sing praises to the state.

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