Doublespeak: language used to deceive usually through concealment or misrepresentation of truth ; also : gobbledygook
So on the one hand, the President is telling us that he has no interest in running private companies and wants to get out as soon as possible….
WASHINGTON -- President Barack Obama said he wants to get the government out of the private sector as fast as possible -- but that as long as his administration is acting as a major shareholder for large sectors of American commerce, from cars to finance, he won't hesitate to shape decisions at those firms.
"I don't want to run auto companies. I don't want to run banks. I've got two wars I've got to run already. I've got more than enough to do. So the sooner we can get out of that business, the better off we're going to be," he said. "I want to disabuse people of this notion that somehow we enjoy, you know, meddling in the private sector."
On the other hand, the actions of the Administration seem to look suspiciously like they want to “meddle” in the private sector….
The federal government currently controls insurance company American International Group Inc. and mortgage giants Fannie Mae and Freddie Mac, and is likely to soon have a large stake in General Motors Corp. and Chrysler LLC. The U.S. may also soon hold stocks in various banks.
Funny, it doesn’t SOUND like the government wants out, in fact it sounds like the government is getting more involved in the private sector every day. It is like someone buying a McDonalds franchise and then saying they don’t want to “meddle” in the fast food industry.
So we get the line that the Obama administration doesn’t want to “meddle” in the private sector. But then we see the government gobbling up more companies, using a backdoor method of buying stock by loaning money to private firms and then forgiving that loan (using your tax dollars) in return for stock in the company. We see the government refusing to allow banks to pay back TARP funds. We see the government negotiating backdoor bankruptcies outside of the court system. We see the government firing executives, setting limits on pay and negotiating deals that are outrageous. That sounds like a little more than “meddling” to me. If you think that President Obama is not exulting in flexing his muscle and exerting power over the private sector he clearly loathes, you are naïve.
Uncle Sam is now an owner or controlling interest in so many businesses that it sets Warren Buffet to shame. If Barack Obama was a private businessman with this much control over private sector companies, liberals on the Hill would be screaming for hearings and calling for a break up of the firm. But when the government is the one pulling the strings, when people with no private sector, no for-profit experience are running companies that are supposed to provide a return on equity and a return on investment (concepts foreign to the government), then liberals applaud and the media falls over itself to breathlessly describe how cool, competent and confident our hunky, swell new President is.
Hopefully this will warn other firms out there to avoid the government “help”. The government helping a company or an industry means the government taking it over.