Prs. Obama's Plan for GM & Chrysler

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Listening to Prs. Obama's "news conference" about GM and Chrysler just convinces me more that that guy and the US Constitution have never met. Does he feel any responsibility whatsoever to the Constitution or his oath of office? The entire speech an be summed up with: "We have no intention of running GM and Chrysler... Here is how we are going to run GM and Chrysler." Not only is he violating his Oath of Office and the US Constitution, he is lying through his teeth. Nowhere in the US Constitution does it authorize the President of the United States to dictate the policy and business model of a private company... not even one that accepts money from the US Government. The Big BO also has no authority to leverage a buyout of Chrysler. He stated pretty clearly that Chrysler would be joining with Fiat... Fiat being the majority partner. Who does this guy think he is? It is also massively discriminatory. What is so sacred about jobs at GM and Chrysler? People all over the US are losing their jobs, but apparently to The Big BO, only auto industry jobs are important enough to spend billions propping up. It's time we reminded our elected officials about their responsibilities to uphold and support the US Constitution instead of their own petty pet projects. All Obama is doing here is playing petty dictator.