Obama's takeover of the American auto industry is so breathtaking in scope and power that it proves all the RNC's accusations about socialism. The takeover was followed by orders to close 789 local Chrysler dealers, notices to 1,100 General Motors franchises that they will be shut down by next year and estimates that total dealer shutdowns will rise to 3,000.
Some of these local dealerships have been family-owned for generations. The Chrysler and GM dealership closings are estimated to eliminate 187,000 jobs, which is more than the number of people who work for the two automakers.
Now we can see the icing on the cake for the politicians who use economic dictatorship to punish those who resist socialist planners. Nearly every one of the closed local dealerships had donated to Republican candidates, almost none was an Obama contributor, and some dealerships owned by Democrats are not getting the ax.
These closings come after Obama's extraordinary cash and stock favoritism to one of his principal campaign supporters, the United Auto Workers union. The car czar, Steve Rattner, was a top Democratic fundraiser (surprise, surprise!).
Obama Is Remaking America Into Socialism - HUMAN EVENTS