Oh its getting better, this is what his partner in crime had to say when I brought up that a czar is unconstitutional.
The term czar has been used in many administrations, it is not new. Bush had "czars" its just the term they have adopted recently for the head of a department. I do not know about the ABC thing, so I cannot comment on that. Obama has not taken over any corporations. If you are a student of economics you will see the reasoning (as the article points out) for pumping money into the financial and manufacturing industries. The reason he (and the government) is so involved with what is happening in these corporations are for your sake. In that I mean that it is yours as well as my tax dollars that have been invested to prop-up and push the economy out of recession. In this sense, I think he is doing the responsible thing, by making sure that the taxpayers are not being taken advantage of, and will indeed see a return on their investment. In my opinion, this is a welcome break from the first big financial bailout, where hundreds of billions were given to the banks and it was never accounted for. You remember that dont you...when they were giving out huge bonuses and throwing lavish parties? Obama is making sure this sort of thing is not happening, which is a protection of the taxpayers interests, which is what ought to be happening.
We do live in a capitalist society, but it has been shown time and again that without regulation (see the banking collapse and subsequent recession) the system will not work. If you read the article, you noticed that the United States still have room to gain revenue through taxes, when in contrast, most European countries do not have this option because their taxes are already over 10% higher than ours. I am not saying taxes are the answer, I am just pointing out that I think you are misguided in your observation about companies are movie for the reasons you mentioned.
I do not regret that he is in office. Like 812 mentioned, I think he is the most logical politician I have seen in a long time. Times are rough right now, and I think they will get worse before they get better. I think had McCain won the election we would be in a much worse position than we are now.