Thursday, April 29, 2010

Executive Dictator

It seems to me that our president, Barack Obama, and his Congress majority are attempting to become the Executive Director and Executive Director's Leadership Council for all of American business.  The standardization of all consumer products would fit in like a glove to "equality" standards -- equalitism -- of American citizens.  How easy would it be to become supreme leader if government mandated that all people ARE equal and all products are equal.  Then the government could save the world much more simply.  Just a few examples.  For an updated (April 29, 2010) example of the power of the Obama government to "manage" companies please see the next blog, "Federal Anti-trade Commission chains"

Compensation.  His handpicked "Compensaton Czar" us busily establishing compensation levels for companies that have taken government bailout funds.  While in parts of the Congressional Financial Industry Takeover Bill (CFITB), compensation levels will become controlled by the Securities and Exchange Commission (SEC)regulations and the Federal Deposit Insurance Commission (FDIC).  Obama himself rails for compensation that is "too much" according to his arbitrary beliefs.  And on April 29, Obama said:"Obama: I want to be clear. We're not -- we're not trying to push financial reform because we begrudge success that's fairly earned. [But] I do think at a certain point you've made enough money.  Mr. President, what is the meaning of "fairly" earned?  And at what point is the certain point where someone has made enough money?  And what is the definition of "enough"?

Marketing.  Under said CFITB banks' offerings to their customers will be strictly regulated and standardized.  Any alterations will have to be approved by some governmental commission.  This past February the credit card industry was standardized by Congress.  Think of this.  If all product and service offerings are regulated by the president, Congress or commissions appointed by them there will be no competition.  One could argue that this is illegal collusion and price setting, but, of course it's OK if set by Obama.  So, too are product offerings and manufactring techniques and constituent part of toy companies. For decades, government establishes automobile  "safety" standards, auto emission standards, auto mileage standards, auto standards, and soon braking systems standards.  And it isn't a far stretch to see standardized automobiles period.

Price Controls.  As part of the so-called ObamaCare gross margins of healthcare insurance companies are set by fiat to be 15% and prices strictly regulated and managed by government. 

Accidents.  The Democrats are rich from monetizing accidents.  Here's a "gimme" to Obama suporters, the trial lawyers: The Federal Bureau of Investigation is conducting a criminal investigation into the April 5 explosion at a Massey Energy mine that killed 29 miners in Montcoal, W.Va., according to a person familiar with the matter.  Massey said it would cooperate with the investigation. "We are aware that investigators are interviewing witnesses, but are not aware of the nature of their investigation," the company said. In a second statement Friday, Massey said it "has no knowledge of criminal wrongdoing."

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