Obama Considers Firing the CEO of Citigroup

  Feeling emboldened with the power over private businesses that the president now exercises he may now be ready to fire another CEO. This time Vikram Pandit, CEO of Citigroup, may be on the president’s chopping block. This is what happens once the government exercises a power that they were never supposed to have in the first place.

   The president is now meddling in private businesses and deciding who should be hired and who should be fired. This is why the bailouts were so damned dangerous, they have given the president unprecedented power and he is not afraid to use it. This is what happens when a business jumps in bed with the government.

  I am not saying that Vikram Pandit does not deserve to be fired, that isn’t up to me to say, nor should it be up to the president either. The decision on whether Vikram Pandit stays or goes should be left up to the shareholders.

  What I am concerned with is the growing power in the federal government, there is already talk that the feds will begin to regulate how much a person can make even if that company has not received bailout money. This is becoming a case where the government is experimenting in social engineering and it is a little frightening to me to think that a majority of Americans may believe that it is perfectly acceptable for the president to be meddling in the business affairs of a private company.

  I  have to give him credit, he has been playing the class warfare card brilliantly. He has pitted one class of Americans against another and has made them feel as though bringing down the people who have earned success and stature is a good and noble cause when once it was considered noble to make something out of yourself. Where once the American dream stood now stands shame.