“No thugs in our house,
“Are there, dear?
“We made that clear...
“We made little Rahmie promise us he’d be a good boy!”
Posted on 05/08/2009 7:29:48 PM PDT by JohnRLott
So much for any hope that the government would uphold rules and abiding by contracts. Instead, we keep getting examples of something else – that when President Obama fails to persuade firms to follow his wishes, he does not hesitate to use threats of financial destruction.
Cliff Asness, the co-founder of the $20 billion hedge fund AQR Capital Management, laid bare the latest attacks with an open letter on Wednesday:
“The President screaming that the hedge funds are looking for an unjustified taxpayer-funded bailout is the big lie writ large. Find me a hedge fund that has been bailed out. Find me a hedge fund, even a failed one, that has asked for one. In fact, it was only because hedge funds have not taken government funds that they could stand up to this bullying. The TARP recipients had no choice but to go along.”
This is just the latest in a string of intimidating tactics starting with threatening costly public audits to get compliance. Then there were the threats of firing CEOs who had the audacity to oppose government plans. The very latest is threats to use “ the full force of the White House press corps [to] destroy [the firm Perella Weinberg's] reputation” if it resisted the government stealing their money, according to Thomas Lauria who represented the firm up until last week. ABC News’s Jake Tapper reports that Mr. Steven Rattner, the head of the auto task force, made the threat.
The White House has been pushing hard to nationalize the automobile companies. . . . .
(Excerpt) Read more at foxforum.blogs.foxnews.com ...
Typical Chicago gangland style, mixed with some union muscle to give it an edge, fueled with a Socialist Progressive bent.. Yes folks we are witnessing the destruction of Free Enterprise and Capitalism, next the Republic will be under attack as states will have to protect themselves from the Bludgeoning from the White House, then when the states fall, Obama will be coming after all of us soon.
Great article! Thanks for posting/writing. Thanks for being here. Thanks for your work.
Who was the CEO that Obambi ‘fired’ a few weeks ago? What threats did he use to make that happen?
Skeletons in the closet?
It’s sad that even the intellectuals can see only the friendly hand of the Socialist that is patting their back and not the one that is plunging a knife into their kidney.
It is an indictment of our education system and a testament to the corrupting power of indoctrination.
Carry a tape recorder when having a conversation with ANY obambi thug
We appreciate all your work, John.
It is an honor to have you here at FR. Thanks for posting.
I wonder if there are 9/11 type Commissions in the future? (I barely got that out without laughing)
Hey GOP, "no guts, no glory"
All this from a "Boy King" who weighs in at 140 tops....and that would be after a Wagyu and Arugula fest.
He thinks he has it all figured out - nationalize the car companies and force them to make tiny, fuel efficient cars made out of tin foil (should do great things for auto death rates. Then, he can raise gas taxes to untolerable rates so people with regular cars just plain can´t afford to drive them and must use public transportation or get an Obamamobile.
People who have things tricked out too much usually sink their own ship as Bommy the Commie will prob. do.
He thinks he´s so smart, he isn´t even close to Bubba Clinton in the smarts dept. Thankfully we had a Pubbie House and Senate to counter the Beezer.
“No thugs in our house,
“Are there, dear?
“We made that clear...
“We made little Rahmie promise us he’d be a good boy!”
Joe Biden called Obama an “articulate and bright and clean and a nice-looking guy”.......mmm, was that unlike the bully racist extortionist Jessie Jackson? or was it just that theOne’s tactics had not been exposed yet?
You know, looking at that photo reminds me EXACTLY of when my stepson was in his “angry stage” at 13/14, even if he tried smiling.
Isn’t this an abuse of power. Can’t he be impeached for that?
threats of imposing unnecessary costly public audits . . . nationalization . . . threatened by the White House and in essence compelled to withdraw . . . opposition . . . destroy [opposition's] reputation if it continued to fight . . . some have received death threats . . . [and finally] thuggish threats makes investment riskier and increase the costs as much as any big tax increase. Driving investment overseas is not the way to make America wealthier.
It's the thuggery and mau-mauing of the 1960s Marxist street rabble that I remember -- now practiced by the rabble's ideological children in the heights of power.
They are rabble too. They are the Establishment. Rabble will brook no free speech, no opposition.
It's a top-down Marxist revolution
Now more than ever..
If modern America's Man on Horseback is out there, Get on the damn horse already!
Thank you so much for getting this out there.
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