Obama, Chrysler and the WTO

Here’s a good question for the Obamafia:

The WTO was engineered to ensure that companies whose governments subsidized them could not unfairly compete against privately-owned companies (basically so that European companies could not beat American private enterprise through government subsidies).


Now that the US Administration owns a significant part of Chrysler — is that ownership a violation of the WTO accords?

(http://detnews.com/article/20090513/OPINION01/905130323/1008/Uncle-Sam-throws-wrench )


Of course it is.

The government owns 80% of the company (and unconstitutionally took a majority stake to give to its favorite special interest – the UAW… your tax dollars at work subsidizing a failed union model to buy votes… nope, no corruption here.. move along folks…). The government sets the policy on the type of cars it can make, has lent it billions of dollars to keep it solvent. The government has slashed the marketing and advertising budgets of Chrysler, which it has zero constitutional authority to do. (Same as with the firing of GM’s CEO – zero constitutional authority.)

Any car emanating from Chrysler factories at this point owes its entire existence to the Obamafia’s willingness to waste tax dollars to subsidize a failed private enterprise, right? Same with GM.

So – the government sets design, manufacturing, advertising and marketing policy, owns a large portion of the company, subsidizes it with billions in loans.

Of COURSE it’s a violation of the WTO..

Hey – but that’s a rule and this is a government of men, not of law…

Too bad – we once had a free country.

About Alex Scipio

About Alex Scipio: Alex moved out of the People's Republic of California to the Free State of Arizona, finally tiring of the lack of the Bill of Rights, the overgrown idiocracy, and the catering to non-Americans & welfare recipients. He still wonders how America got from Truman, Eisenhower, and Daniel Patrick Moynihan to the Liberal and Conservative extremes so badly managing America today. And, yes, islam DOES need to be annihilated. And doing what he can to get folks away from the extremes of political life.
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2 Responses to Obama, Chrysler and the WTO

  1. I tend not to leave comments on posts, but your blog post urged me to praise your writings. Thanks for the read, I’ll bookmark this site and visit every now and then. Happy blogging.

  2. Robin says:

    If Bush had done the right thing and let GM and Chrysler enter into bankruptcy proceedings rather than giving them loans to carry them through till Spring we might not be in this mess. GM and Chrysler would be emerging from bankruptcy now as revamped companies, the unions and the government would not have ownership. Bush was protecting his legacy…he chickened out, should have anticipated what Obama would have done.

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