Obama’s 6 Worst Policy Decisions

From Guantanamo to Health Care, Obama is certainly seeking to Change America – or more accurately -to accelerate the pace of change from a private enterprise-freedom based civilization to a Big Government-run society.  According to Thomas Paine, “It is the duty of a patriot to protect his country from his government.”  I realize that is a slightly different definition than Joe Biden would use, but nevertheless, in that light, here is my listing of the worst of his policy decisions:

6. Bailing Out GM.  “His policy of public investments prevented necessary liquidations.  The businesses he hoped thus to save either went bankrupt in the end, after fearful agonies, or were burdened . . . by a crushing load of debt.  [He] undermined property rights . . .pushed federal credit into the banks and bullied them into inflating . . .” Historian Paul Johnson wrote that of Herbert Hoover.  You can almost substitute Obama’s name for Hoover’s  in every detail.   By the way, Government Motors sales are declining at 3 times the rate of the industry as a whole.  Hoover would be proud.

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