Posted on 05/02/2009 12:04:48 AM PDT by Talkradio03
Audio from todays interview on WJR in Detroit, Attorney for Chrylser lenders who object to the sale, in his own words, had one of his Clients threatened by the Obama Whitehouse, and that his reputation would be destroyed, e-mail this to anyone who can get the story out...
(Excerpt) Read more at hotairpundit.blogspot.com ...
Good point. How naive of me to presume the DNC would see the storyline as a warning of how bad things could get. Yes, indeed it is a blue print for the "looters"!!
No "wannabe" about it! He simply IS!
Hey America - Are you awake yet???
True... Thanks for the correction! He may not have completed the transition of our country YET, but he is well on his way...
WOW. I had no idea about the thread you linked to. Thank you so much! My eldest is reading through my copy right now, and I will definitely ping her to that thread now! :)
Where are Woodward and Bernstein? Are they still alive? This is an execrable abuse of power, not only the extortion of the investor, but also the brag that the White House controls the press! Seems I read somewhere the government may not impede the freedom of the press. Here, they are bragging about controlling the press.
This goes to the virtual abolition of the most fundamental founding principles of our nation.
Hundreds of years of Contract Law, out the window. Unsecured lenders (UAW) coming to the front of the line in front of bond holders, reminiscent of Stalin giving the masses the land after "removing" the farmers. Mis-use of power by the executive branch, in a Nixonian Fashion, taken to a new level.
Obama owns this deal and IMHO the GM one as well when it happens.
I spoke to a "gnome" yesterday, a little background on Fiat.
They seem to have a reputation for getting into deals like, this, pay any price to get what they want, shut down what they don't and skedaddle. My guess is they want the dealerships, Jeep and maybe the Mini-Vans. Which will be a real interesting WWII power play replay as VW tries to become the No 1 automaker in the world. Why do I bring the Mini-Van into this? Chrysler makes VW's Mini-Van in Canada. It may be fun to watch Fiat and VW try to screw each other over....
Jeery Flint over at Forbes noted on the Frank Beckmann show that it will take Fiat 2 to 3 years to being the 500 here, here is why I agree with him. An article 6 months or a year ago in one of the Detroit papers noted that Ford's Mulally made a command decision when he came aboard to go to their Euro fuel efficient cars, and they had pictures of them all in the article. The 1st will be the Fiesta in the fall. Mulally came aboard Ford almost 2 years ago now, do the math, unless I am wrong, I come up with 33 months, and I will assume Ford is a finer tuned machine in terms of worldwide divisions. Fiat and Chyrsler have NO divisions or synergies, zero zip nada. In terms of corporate Culture and Engineering/Manufacturing Standards, Tools, and Practices, this is a marriage without any dating, they don't know each other, in fact, they may have very little in common. The car will have to be Federalized in emissions and safety from Euro Specs to American Specs and yes they are different. My guess is much redesign will need to occur unless they are absolutely $h!+ lucky and it passes crash test, or any other test without redesign.
So when the Obamaton's say they can bring the Fiat 500 here in a year, they are full of you know what IMHO....
And if they try to bring it to the front of the line in terms of Federal testing facility or some other type of special treatment, my guess is Competitors have an Anti-Trust lawsuit on their hands against the Obama-Adminstration, Freeper legal eagles, tell me if I am wrong here..... ,
That little car may be the piece of proverbial bling-bling millstone around his neck that brings down his administration in the next election cycle. At some point middle of the road Americans are going to be tear-@$$ paying billions to keep Chrysler afloat to get this sub-par shoe box for billions, when they could have purchased a Fiesta, Yaris etc. that are here (or will be soon) and they work.
Cowering under their beds in an undisclosed location.
This goes to the virtual abolition of the most fundamental founding principles of our nation.
Well then, the usurper can cross off another item on his "To Do" list. Mission accomplished!
bttt
AMEN! AMEN! AMEN!
Yep!
220 years to build the Republic
100 days to destroy it!
These idiots will stop at nothing to ensure the destruction of this nation. Obama doesn’t care that’s for damn sure.
Oh My,if they start this kind of stuff within the first 100 days, how long before those people that don’t fall inline with Zero’s plan for a new Utopia just simply disappear?
Pretty scarey stuff!
Do you realize the Salary Caps and now The Chrysler deal is the 2nd major hit to "Contract Law" which is a major component that seperates us from what used to be the Soviet Union?
I heard that on Mark’s show. Obama, the supposed attorney and scholar is threatening people unless they violate contracts and their fiduciary duties to their investors.
placemarker
Way to go...gettting this on you-tube
I heard this on Mark’s show last night and I usually don’t get his show
It is an outrage and and I don’t even like Wall Street scum
HOWEVER-—>>>
Holders of senior bond debt don’t always get first priority. I read that is not that unusual for them to get screwed in a legitimate bankruptcy proceeding if they are outvoted by 70% or more by other bond holders. They got outvoted in this 0bama kangaroo court
Oh...thank you so much!
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