Weren’t we told by Obama the auto companies had to be saved and that bankruptcy was not an option? Government must intervene he said. So he pumped billions of our tax dollars into Chrysler and they ended up filing for bankruptcy anyway. So in the end we really didn’t need to spend all those billions of our money on Chrysler.

Now I’m hearing that his union friends are going to end up with majority control in the company even though they have less money invested in bonds than the private investors. I’ll bet GM ends up doing the same thing. I smell a huge Obama rat.

So from a political standpoint it appears to be an epic failure. I think from Obama’s standpoint he’s getting exactly what he planned for. Government and union control over the big three… or at least the big two for now. Add in control over a few major banks that fund the auto makers and you have a nice little package for the government. Who’s business will be taken over next?

I also understand the tax cut for 95% of all American is gone too… another big lie. "If you earn under $250k you won't see your taxes go up one dime." Yet another lie.

Just wait until the tax increases hit the middle class and watch what happens to the economy and jobs.

Obama owns this economy now and from where I sit I see nothing but a huge failure. The economy is still tanking and his policies have done nothing to help and in fact will continue to damage far into the future and our kids future. You can’t blame Bush forever… It’s Obama’s baby now and he’s making a mess of it.

Next on the list? The health care takeover. I’m sure the government will do a fine job running it. Just look how well they did with social security. Oh I forgot... it’s bankrupt too.