Presidential Pardons and the Auto Industry

I have been reading how President Bush might pardon some people in his administration prior to leaving office. I also read these pardons are absolute and cannot be reversed. I beg to differ.

According to the rules regarding presidential pardons, the following must hold true, otherwise these pardons are null and void.

Before a Presidential pardon is issued,
1) the person must have been convicted of the crime of which they are accused.
2) the person must have been in prison for five years prior to being pardoned.
3) the person must show remorse for their crime.

If President Bush pardons anyone in his administration before these terms are met, the pardon can and should be overturned by the President elect. As there are many people the new President is bringing into key positions, I am sure at least some of them already know the rules governing pardons.

Something Congress should do, before giving any money to the automotive industry, is insist on seeing their entire balance sheet, including stock assets. For years the automobile industry has taken profits and invested in the oil companies. It is time to put that money back into their companies, instead of asking the American taxpayers to bail them out.

The big three have been producing automobiles in Europe that get approximately 75 (seventy-five) miles per gallon. General Motors recalled all their electric cars and crushed them. Then General Motors sold the battery patent to Texaco. This was done to increase the value of their oil stock portfolios. Obviously, their top priority was no longer producing automobiles in America that people wanted, but to expand their other areas of operation. Now they are crying crocodile tears and saying bail us out?

To show the arrogance of the top executives of the Automobile industry, all one had to do was watch their antics before Congress. Not only did they go to Washington in private jets, but when asked what they personally would give up, one said his bonus and another said 'he is all right with the way things were' - in other words, he would give up nothing - not salary, not bonus, not private jet, but he wants tax payer money.

I think it is time for every private industry clamoring for a free hand out, and for Congress, to realize we Americans are not stupid. We have a pretty good common sense idea regarding what is happening in this country and why. The Preamble says - We, the People - not we the corporations. I think it is time for our government to remember that.

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