President Obama Pressures Bank of America to Make Changes to Their Board of Directors

  The president is urging the Bank of America to make changes in its board of directors. The problem with this is that Bank of America did not get any federal bailout money. The government has no business telling this company how to run its business.

  I do not believe that any company should be given taxpayer dollars, period. I believe that we should let the free market dictate which companies fail and which ones survive. The government has no business interfering in a private business. But considering that these companies are taking taxpayer dollars and there is nothing that we can do about it, I hold the position that if a company receives corporate welfare, otherwise known as bailout money, than the government should be allowed to place some conditions on the companies that receive the money. If you lie down with the dog you are bound to get fleas.

  That being said, I am still leery of the government stepping in and telling companies how they should be run even if they did receive bailout money. I am very leery of a government that can hire and fire employees. And has very recently done exactly that. We are beginning to wade into very dangerous waters here.

  The reason I am leery is because it will not end with companies that receive taxpayer dollars and this is a perfect example. The government, and the president in particular, is feeling emboldened with new power. Power that the government was never supposed to have. And now the president feels that he can dictate to  companies who did not receive taxpayer dollars how the companies should be run as well has who should be fired.

  This president is grabbing more and more power over private businesses, he is going from Commander in Chief to CEO in Chief at an alarming rate. This, not the crisis, is an unprecedented power grab. This president has brought the Chicago style thug politics to a national level.