This is getting UGLY!

The new administration being so incredibly competent after only 100 days feels the time is right to begin its nationalization program. They have quietly seized control of the banking industry today through their "stress tests" of asset evaluation of the banks that they want and are requiring more capitalization. They are stating that 10 of the 19 banks tested are not in trouble but could be if their underlying assets weaken and the market cannot provide for their recapitalization through private investments. WHO ARE THEY KIDDING?

Why would ANYONE now feel safe about becoming a lender of choice through bonds or equities when this administration has blatantly demonstrated that it does not recognize the validity of those investments or honors their contractual obligations to the owner. Who in their right minds is going to risk their MONEY in any type of investment where they will be at the whim of people who have NO HONOR OR INTEGRITY WHEN IT COMES TO OBSERVING THE LAWS THAT GOVERN THESE INVESTMENTS, IF THEY DO NOT SERVE THEIR PURPOSE OR GET IN THEIR WAY!

The obligations of Chrysler to the bond funds that are represented by investment companies on behalf of ME and YOU are not nameless, greedy, self serving strangers as portrayed by his media machine, they are US.

They are ignoring or subrogating the constitution to effectively take control of every one's life to the point that we cannot function without intervention on a governmental level.They are trying to give the shaft to the bond holders at Chrysler and portray them as greedy unyielding fat-cats, WRONG they are people who work with for and around you every day. And because funds like Oppenheimer are responsible to them for that money they are LEGALLY BOUND to fight for YOUR MONEY! IT IS CALLED FIDUCIARY RESPONSIBILITY and I and every other insurance agent, financial advisor, stock broker, fund manager etc. is LEGALLY BOUND to this, IT IS OUR JOB!

The Madoffs of the world have blackened both eyes of the investment community and trust is not a commodity afforded today, but when the Obama media machine spins their web of lies and deceit at the request of this administration, and the TRUTH is the VICTIM where is the incentive to take the risk, why would you give them your money if the government can take it away or say that you don't deserve to make a profit! The bankruptcy hearings for Chrysler have resulted in more lies and back door dealings than the process can keep up with. The union under Gettlefinger has for 10% of holdings been given 55% of ownership and his protestations that the union has no interest in ownership is true.

WHY WOULD THEY TAKE RESPONSIBILITY FOR THEIR ACTIONS AND THE NECESSARY PAY CUTS TO MAKE CHRYSLER FINANCIALLY VIABLE!

Of course they don't want it, they SUCKED every last drop of blood out of the carcass,. why keep it around now that its rotting away? I worked for Chrysler for many years and to see a company that was once built on engineering greatness become reduced to this rips my heart out! It was bad enough what Daimler-Benz did in the BS merger of the late 90's that received the blessings of the Clinton Administration. ( IT WAS NEVER A MERGER IT WAS A HOSTILE TAKEOVER THAT BYPASSED SEC RULINGS AT THE TIME ) The only people who profited then were the people who signed away Chrysler to Benz! And now they are finishing the job on what was a very great car company that led the way in innovation when it was still in the hands of real CAR PEOPLE not the bean counters!

Next will be your ability to get health care in this country, because a few idiots think socialized medicine actually works in practice as well as it does on paper, good luck getting it. You are about to find out why countries with this are the LARGEST GROUP of people using their own funds to receive their life saving procedures out of country.( medical junkets to India from Europe are up 400% )

This administration is using the same progressive game plan that was tried on at least 3 occasions in our own past unsuccessfully, but in their defense this did work once. Progressive ism did succeed in 1932 in Europe and restored a tiny little country to prosperity, it was called the NAZI party and it did turn Germany around from bankruptcy to damn near taking over the world. The problem is this ABSOLUTE POWER CORRUPTS ABSOLUTELY if you give anyone that much power over you it will lead to ruin for all. That is why our founding fathers in their un-questionable wisdom created our Constitution and Bill of Rights within it to protect us from just this scenario. If you think they got it wrong then GO LIVE somewhere where it does not exist and be happy! " Treason starts with a thought"as spoken by then President Thomas Jefferson over the treason trial of Aaron Burr. If you do not support and defend the Constitution as sworn to during your inauguration then are you not committing treason?

I am not accusing anyone in this administration of treason, yet, but their actions not their words require all of our vigilance in this time and they require our feedback when they do not represent the people of this great republic, for it is a Republic, One Nation under God, Indivisible with Liberty and Justice for ALL!

Keith C. Westbrook
aka Dr. Putts