By Ethel C. Fenig
That was then: Over six years ago, then-vice president Joe Biden (D) was campaigning for a second term for the Democratic administration of Barack Hussein Obama and himself with this proud theme:
If you are looking for a bumper sticker to sum up how President Obama has handled what we inherited, it’s pretty simple: Osama bin Laden is dead and General Motors is alive.
He was referring, of course, to the assassination of terrorist Osama bin Laden, indicating a successful American foreign policy during the Obama administration, and simultaneously the government bailout of General Motors indicating a successful domestic policy of providing for American workers.
Image credit: Ancho.
At that time, after four years of Obama’s rule, the U.S. unemployment rate was 8%.
Well, the theme worked, and that dynamic Democratic duo – plus others – were re-elected for a second term in November 2012.
But a year later, Biden was relatively silent when (emphasis added):
According to recent reports, GM just recalled another 2.4 million vehicles this week, bringing the total number of recalled GM vehicles this year to a record 13.6 million. USA Today got right to the point when it asked, “Are there any GM cars that haven’t been recalled?”
GM knew about serious problems with the ignition switch for years, going back to at least 2007. At that time, GM had hard data from multiple crashes showing that some of its ignition switches had failed to function properly. The U.S. government officially bailed out the automaker in December of 2008. Throughout the five-year period of U.S. government ownership, nothing was done to address the deadly switch. According to one timeline of events, GM’s new CEO, Mary Barra, claims she did not even learn of the problem until December of 2013, which just so happens to be when the federal government sold its final shares of GM stock (at a loss of $10 billion, naturally).
Even though the company had data demonstrating a faulty ignition switch for years, it didn’t initiate a full investigation or recall until February of 2014, two months after the government sold its stake in the company.
Our nation is in the safest and most ethical of hands.
(Excerpt) Read more at thefederalist.com …
Here’s another reason government should never own a business.
In February 2010, the Obama administration’s transportation secretary, Ray LaHood, told America, without a shred of evidence, that Toyota automobiles were dangerous to drive. LaHood offered the remarks in front of the House subcommittee that was investigating reports of unintended-acceleration crashes. “My advice is, if anybody owns one of these vehicles, stop driving it,” he said, sending the company’s stock into a nose dive.
Even at the time, LaHood’s comments were reckless at best. Assailing the competition reeks of political opportunism and cronyism. It also illustrates one of the unavoidable predicaments of the state’s owning a corporation in a competitive marketplace. And when we put LaHood’s comment into perspective today, it’s actually a lot worse. The Obama administration not only had the power and ideological motive to damage the largely nonunionized competition but also was busy propping up a company that was causing preventable deaths.
This is a pretty good summary of the last 2 years.
Some of you will appreciate this and some of you will not.
I do not offer an apology for this, because all of it is true.
The great issue of our times is the same great issue of the 1830s. The question is whether Congress can pass legislation or the President issue executive orders that are not authorized by or consistent with the Constitution?
The federal government is a republic composed of separate and sovereign republics.
What recourse do the States have individually and in combination when the central government acts in a fashion that is contrary to the limits and enumerated powers of the Constitution?
The answer, other than an appeal to the courts, is nullification. This term is defined as the assertion that States can and should refuse to enforce unconstitutional federal laws.
This is no trifling matter.