Obama's Unconstitutional, Totalitarian Thuggery on Chrysler

Patriot Room ^ | May 4, 2009 | Bill Dupray

[Bill Dupray]

Liberals and other assorted Obama butt-kissers will want to shield their eyes. This is not going to be pretty.

As you may have heard, and as we discussed in last week's podcast, Obama is trying to strongarm Chrysler's secured creditors into giving up their claims, "for the best interest of the State."

From Financial Times.

An Obama administration official said: “It is neither in the interest of Chrysler’s senior lenders nor the country for them to advance a proposal that would yield them an unjustified return ...

Since it is very much in the creditors' interest to get exactly what they bargained for, the very essence of a justified return, the only real reason the White House is giving is that it is good for the country.

[Jack Hammer]

‘Unconstitutional’ - what a quaint notion in this day and age...

[Verginius Rufus]

Didn't Nixon say something like "if the President orders it, it's not against the law"?

Back with a vengeance with Obama.

[SunkenCiv]

the first one isn't the same, the rest of them are basically duplicates of one another.

• Statement From Non-Tarp Lenders of Chrysler (Bondholders say Obama is trying to screw them)
• Beckman talks with Tom Lauria, attorney for shareholders objecting to Chrysler sale (WJR audio)
• Chilling Audio "Whitehouse Threatened One Of My Clients"-Attorney For Chrysler Lenders (Audio)
• Obama White House: Play ball with us or we will destroy you (AUDIO/VIDEO)
• Lawyer For Chrysler Lenders "Whitehouse Directly Threatened My Client"-Audio
• White House Denies Charge By Attorney that Administration Threatened Investment Firm's Reputation
• White House Denies Threats To Chrysler Attorney's Clients, Shaazam What A Surprise (Full Story)
• Obama admin uses Chicago strong arm tactics on Chrysler holdouts
• 'Threatened by the White House'