Welcome back to Racialblind. It's been a long absense, and in the meantime we've endured the historic inauguration, the first 100 days, and three prime-time press conferences.
I'm going to focus on a story that may only be beginning, or a story that nobody will ever hear about.
"Creditors to Chrysler describe negotiations with the company and the Obama administration as "a farce," saying the administration was bent on forcing their hands using hardball tactics and threats."
The Obama Administration gave billions of dollars to the big 3 U.S. automakers in exchange for time to make plans about how they were going to save their companies. They were given a deadline, and the Administration put themselves in the position to decide whether the company's plans were acceptable or not. The problems here start with the 'lending' of money to the companies, but increase exponentially when the government puts themselves in a position to determine the fate of private enterprises.
More disturbing, though, are the scare tactics described in the article. Threats of political repercussions from the Obama administration as the means to achieve its ends. The administration's plan for Chrysler was determined long before its deadline, as it is for GM, whose deadline is next. Those involved in the negotiations from the administration merely had to make those plans happen, and they did it using political power plays. The threat to American's freedom is real and terrifying.
Even more terrifying is the prospect that the masses may never know what exactly is going on. Not just because of coverups by the administration, and the chilling of participants into silence, but because of the lack of an unbiased media to do the dirty work and investigate what's really going on. It's a dangerous machine right now, between the president in power, the balance of power in Congress, and the media propogating its message.