Obama is tracking automotive suppliers. Wonder why?
Well it looks like the United States Government, doing business as Chrysler LLC, has decided to start tracking the financial information of all suppliers to Chrysler. Now as a condition of doing business with Chrysler LLC, suppliers have to provide quarterly financial information or you will be placed on new business hold. This means that you will no longer receive new business with Chrysler LLC.
The information has to be put into a database on the Vontik.com website. It turns out that this website is owned by Grant Thornton LLP. Grant Thornton LLP provides data and tracking capabilities to the Obama administration. They provide all of the tracking services for such Government run websites as Data.gov, USASpending.gov, Recovery.gov, and the Federal IT Dashboard.
Also as a side note, and in my opinion; since the UAW is a major stake holder in Chrysler LLC, this means that now the UAW will have access to all the financial information for every supplier that it can use in union negotiations with those suppliers. Even worse, when Obama starts forcing companies to have Unions in their workplaces, through card check legislation, if the company refuses, they will be able to force their hand through Chrysler. If a supplier refuses, the Government and Unions will have all of their financial data, and can, based on that data; choose to refuse to give new contracts to suppliers based on their financial performance.
You have got to love how this administration works. They are all about control and manipulation. They will not be happy until they control everything in the United States. I would say that this all sounds like some far out conspiracy theory had it not been for the fact that Obama has already assumed control of major players in the automotive, insurance, banking, and health care industries.
More information to come as it becomes available.
Vontik.com
GrantThornton.com
Chrysler Vontik letter 20100423
Vontik_MemberLetter_Chrysler
Vontik FAQ
