The government is full of vampires who are trying to suck the life-blood out of the economy.
A banking friend told me over the weekend that banks will look to pay the bailout money back as fast as they can.
Well, President Obama, Tim Geithner, Chris Dodd, Barney Frank, Nancy Pelosi and other lawmakers are going after the blood of our businesses — big and small — and absolutely nothing will quench their thirst.
The latest feast is the Obama administration forcing GM's top guy — CEO Rick Wagoner — to step down as a condition of their continued support.
You've got to be kidding me!
I have no allegiance for Rick Wagoner. He could be great, he could be terrible, but isn't this exactly one of the mob tactics I talked about last week?
I'm a proud spokesman for GM on my radio program and I was a client of theirs before they were a client of mine. But I've been very clear all along that my allegiance is to the cars and the people who make them, not the company. I'm not defending GM here as much as I'm defending a free-market economy.
The vampires in government are not only telling companies who they should or shouldn't do business with, setting caps on compensation and using the IRS as a weapon, but now they're also making individual personnel decisions?
Excuse me, but isn't that what the board of directors is for?
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The government will claim that this will make companies think twice before taking bailout money, but I think it's just a sign that they won't think twice before sinking their fangs even deeper into the neck of business.
But there's another striking similarity between these vampires and those in the movies: Not one of them has any experience running any actual business and many of them don't have any private sector experience whatsoever. They're either professional politicians or, in the best case (and I use that term very lightly), they're lawyers.
What's another name for lawyers? Hmm. Oh, that's right, bloodsuckers. Have you ever worked at a company run totally by lawyers?
These vampires are not going to be satisfied by just sucking the blood of GM's top guy, the AIG executives or any other business or businessperson.
Their thirst for power and control is unquenchable and there are only two ways for this to end: Either the economy becomes like the walking dead or you drive a stake through the heart of the bloodsuckers.
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