Monday, June 01, 2009

Obama uses dictatorial powers to seize GM, Chrystler, without Congressional authorization or Constitutional Power

Did you know that Congress never authorized a bailout of the auto industry? Yes, that's right. Even though President Obama has a large Democrat majority in Congress, they never authorized President Obama (or President Bush) to intervene in the auto industry and nationalize it.

This all started when President Bush asked for authority to bailout the auto industry, but Congress refused. Since that period of time, Congress has not authorized a single cent to the auto industry! As a result, President Obama is stealing money from the treasury to bailout the auto industry, even though the US Constitution says that Congress, not the President, has the power to appropriate taxpayer dollars.

Obama is acting without any constitutional authority whatsoever. This is the closest thing we have ever seen to a South American dictatorship.

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