Geithner: Hey, Lets Violate the Constitution Some More

How many violations of the constitution is Washington allowed to use each week?

The answer is none. The reality, however, seems to be pointing towards unlimited.

Just a couple of days after Obama ousted GM CEO Rick Wagoner, Treasury Secretary Timothy Geithner told Katie Couric that he would be open to getting rid of even more CEO’s.

In an interview with CBS Evening News anchor Katie Couric, Geithner acknowledged the government has had to do “exceptional things” – citing AIG as well as Fannie Mae and Freddie Mac.

“We have changed management aboard,” he said. “And where we’ve done that, we’ve done it because we thought that was necessary to make sure these institutions emerge stronger in the future.”

When asked if he would leave open the option to pressure a bank CEO to resign, Geithner replied: “Of course.”

America, you can’t say you weren’t warned. Do you really want the government deciding who is leading private enterprises? I would hope not. The right has been warning of this ever since the bailouts began, we knew this was simply a way to justify ousting CEO’s that the Obama White House and Congress didn’t find acceptable. It’s not going to stop here, the government will use this upper hand to mold business production as well.

And you know who will be replacing these CEO’s? I’m going to take a wild guess and say they’ll be sympathetic to the liberal cause and certainly in the case of GM, very pro-union and pro-”green” technology.

So long as we keep buying the notion that these companies are “too big to fail” Washington will continue to bail them out. The more companies they write checks to, the more companies they can control and subsequently put in favorable upper management.

By the way, here’s the ironic thing about the idea that companies are “too big to fail.” Take GM for example, GM became “too big to fail” without the government’s help. As a matter of fact they’ve had to go through years and years of government red tape to become “too big to fail.” Suddenly the government sweeps in and attempts to save GM, despite the fact that all of their growth prior to this comes from human ingenuity and the free market.

Washington might tell you that they’re simply taking out a CEO who ran a company into the ground, but remember that when they try and install a CEO that happens to perfectly line up with their ideology.

–jb