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Monday, May 4, 2009

Freedom of the Press

Much has been made in the last few days of the threats made to the Chysler bondholders to give in to the White House plan for the "rescue" of Chrysler. Apparently, people are supposed to feel shocked that Obama and his folks threatened those who would not go along with the deal with being smeared by the White House press corps. Why does this surprise anyone? Obama has the press under his total control and he uses that control often. Thus, Obama has a press conference where he actually says that he does not want the government to run car companies or banks (while taking over two of the three US car manufacturers and most of the large banks). After that howler, not a single reporter confronted Obama on this issue. Why didn't someone ask about the government's refusal to let the banks pay back the tarp funds? Why didn't someone ask how Chrysler or GM will survive making cars that the government wants rather than cars that the American people want?

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