Posted by
Bill Crawford on Tuesday, March 31, 2009 9:33:26 PM
With all the things passing from the TV into my living room this week to put me into shell shock, the living end was Tim Geithner telling us what kind of "super regulator" was needed at Treasury.
The Treasury Department is trying to hide the man behind the curtain by saying that the Federal Reserve is not really part of the Executive branch, but then why on earth would it's head be coordinating policy with the White House?
Consider what they are contemplating here: choosing executives to run companies (talk to GM about this one), setting pay levels and craziest of all, having the government step in and renogotiate or abrogate standing contracts between private parties? Even after you digest how directly unconstitutional that is, if the government has the power to do that, what is to stop them from coming after your job? Your pension or IRA? Your small business?
This is just nuts. The left doesn't have a problem with this, because they regard the Constitution as a 'living document', and only use it as a defense mechanism when policy proposals contradict their priorities. This explains why the two most dangerous Presidents in history (from a libertarian stand point) were both Democrats: Woodrow Wilson and FDR.
Obama is a dangerous man, and he must be stopped. If I sign a contract and it can be redone or revoked at the will of the White House, somebody has way too much power.