Your US Government: It Forced the Loss of TENS of THOUSANDS of PRIVATE SECTOR Jobs!

Hold onto your hats, here's a tough one to believe:

Your glorious and benevolent federal government may have been responsible for the deletion of, at minimum, tens of thousands of private sector jobs when it steamrollered over GM and Chrysler.

The Treasury Department failed to consider the economic fallout when it told General Motors and Chrysler to quickly shutter many dealerships as part of government-led bankruptcies, a federal watchdog found.

"Oh no," you must be saying, "my Leftist Federal Government couldn't possibly be responsible for this!" you cry. "Mr Obama swears he only creates jobs -- he doesn't delete jobs!"

A report released Sunday (07/18/10) by the special inspector general for the government's bailout program raised questions about whether the Obama administration's auto task force considered the job losses from the closings while pressuring the companies to reduce costs.

Treasury didn't show why the cuts were "either necessary for the sake of the companies' economic survival or prudent for the sake of the nation's economic recovery," said the audit by Neil Barofsky, the special inspector general for the Troubled Asset Relief Program, the $787 billion stimulus program known as TARP.

Hold it right there! Is it even remotely being intimated that the Obama Federal Government may have not known what it was doing in its omnipotence? That it may -- gulp! -- have even been acting in a rash, uneducated and ignorant fashion?

Treasury made a series of decisions that may have substantially contributed to the accelerated shuttering of thousands of small businesses," investigators said.

Those decisions resulted in "potentially adding tens of thousands of workers to the already lengthy unemployment rolls - all based on a theory and without sufficient consideration of the decisions' broader economic impact," the report said.

So there you have it, dearest readers.

In one stroke of a pen, Mr Obama in his lofty, pompous, and conceited way forcibly wrested control of two major American car manufacturers and, in the process, managed to eliminate TENS OF THOUSANDS of small business jobs -- local dealerships and their employees -- thereby HIMSELF contributing to the RISING unemployment lines.

Go try to find this story. At NBC, CBS, NBC or any of the other governmental sphincter-licking media outlets.

Good luck with that.

BZ