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Monday, April 6, 2009

Unconstitutional Power Grab

"There has always been a line ... which no president would cross, with respect to the distinction between the public and private sectors. Obama has now crossed that line. There is no limit to government's destruction of private activity or control over it."
--radio talk-show host Rush Limbaugh

"[W]hy isn't Obama's special auto task force ordering a replacement for Ron Gettelfinger, the UAW's president? Weren't their oversized pay and benefit packages a big part of the problem? Well, that's never gonna happen. The election power of the union is too strong. But this does reveal the political nature of these government bailout operations."
--economist Lawrence Kudlow

"We are seeing the biggest power grab by politicians in American history. The idea that they would propose that the Treasury could intervene and take over non-bank, non-financial system assets gives them the potential to basically create the equivalent of a dictatorship."
--former Speaker of the House Newt Gingrich

"If you listen to the principal spokesmen for U.S. economic policy -- Obama and Geithner -- they grow daily ever more explicitly hostile to the private sector and ever more comfortable with the language of micromanaged government-approved capitalism -- which, of course, isn't capitalism at all."
--columnist Mark Steyn

"The financial markets are sluggish, but they are functioning. It's time to wind down the bailouts -- and get the federal government out of the way."
--Heritage Foundation president Ed Feulner


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