Feature

Obama can’t hide his lust for power

The president would gain the power “to use the trillions of dollars in federal expenditures to punish his opponents and reward” favorites, said Charles Kadlec in Forbes.com.

Charles KadlecForbes.com

President Obama is marching us “into tyranny” under the banner of transparency, said Charles Kadlec. He is reportedly about to sign an executive order requiring any corporation bidding for government business to disclose all of the previous two years’ political donations, including those of its senior officers and political action committees. The president would gain the power “to use the trillions of dollars in federal expenditures to punish his opponents and reward” favorites.

If that sounds far-fetched, remember that General Electric—whose CEO Jeffrey Immelt was a “major contributor” to the president’s 2008 campaign—was one of the first to win a federal bailout. And although the administration capped executive bonuses at other bailed-out institutions, “there has been no effort to impose restrictions on GE’s compensation system.” Contrast the kid-gloved treatment of GE to that of Boeing, which the administration sued last week to halt the opening of a 787 plant it had already built in South Carolina, a right-to-work state.

By signing this executive order, Obama will reveal his contempt for the First Amendment and his “unseemly lust for power.”

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