Friday, May 08, 2009

Drawing a line in the sand trap

The Republican Party has had it with the strong-arm tactics of the Obama Administration, and its leading pols are saying enough is enough.

In fact, one GOP senator is drawing a line in the sand trap on No. 16, telling the evil Democrats to cease and desist molesting fine, upstanding Americans whose jobs may be threatened by the socialist cabal.

THAT WOULD BE (ahem) the CEOs of Wall Street banks who blew up the economy and now suckle at the federal teat. Somehow, James Rowley of Bloomberg stopped ROTFLMAO-ing just long enough to pound out this story:
A leading Senate Republican warned the Obama administration against removing chief executive officers at banks that received U.S. assistance, saying “the great fear” would be government management of companies.

“If you think that Washington can run car companies and banks and so on, well, then you’ve not been paying attention to how we’ve been doing back here,” Senator Jon Kyl said of the Treasury’s threat of management changes at banks getting “exceptional” aid. Last month, the administration forced out General Motors Corp. CEO Rick Wagoner as a condition for more U.S. aid.

While a financial review showed most banks don’t require new assistance from the Treasury, “the government appears to still have control over the major banks to the extent of saying they’ve got to raise capital,” Kyl said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing today.

This continued government leverage over companies such as Bank of America Corp. and Citigroup Inc. “does raise some questions,” Kyl said. “Hopefully they can all get out of that relatively quickly.”

Kyl, the Senate’s No. 2 Republican, also said it would be “absolutely unnecessary” for Congress to create a commission to investigate harsh tactics that the Central Intelligence Agency used to interrogate suspected al-Qaeda operatives seized after the Sept. 11 attacks.
PRO-ROBBER BARONS, pro-torture -- now that's what I call a winning political strategy. (Did the Chinese Communists take over the GOP while I was sleeping?) It can't be too soon until this spent political party just goes away and spares us any more of this vulgar spectacle.

Don't consider this an endorsement of the Democrats; it's just that we can deal with only one plague at a time. And this is the GOP's time.

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