[Hacklehead]

I do not understand why these fund managers continue to accept the labels the RATS put on them. It is a sure loser. They should refer to themselves as SECURED INVESTORS not hedge fund managers. Furthermore, be accurate in describing what Obama has done. He has PAID OFF HIS UNION SUPPORTERS IN THE UAW AND CHEATED SECURED INVESTORS. HE HAS USED MOB TACTICS BY COMMITTING EXTORTION OF INVESTMENT BUSINESSES, THREATENING TO SLANDER THEM AND RUIN THEIR REPUTATIONS. HE HAS SUBVERTED THE RULE OF LAW BY IGNORING ESTABLISHED BANKRUPTCY PROCEDURES AND ARBITRARILY RULED IN FAVOR OF HIS SUPPORTERS. Stop pu**ying around and play hardball if you want re-establish the rule of law.

[JasonC]

They don't give a tinkers cuss about the rule of law, they just want anohter 5-10 cents on the dollar from the US treasury.

They aren't just insisting that they stand in front of unsecured creditors. They are insisting the US treasury lend their debtor $8 billion to repay them, without putting its own conditions on the deal. No private creditor in the UST's position would put up with this crap.

Just tell them to lend the car companies the the funds themselves, if they don't like the deal the UST, Fiat, the, unions, and the banks (70% of the creditors by dollar amount BTW) agreed to. Whoops, they aren't ready to do that, are they? Nope. Nor are they ready to see a liquidation. They just want more money from the US treasury.

Why conservatives think that is some great principled cause is beyond me. The same crowd bayed for banker's heads, now they suddenly decide it is high principle that they get another nickel or dime. Its just nuts. You are all being played and used.

[yankeedame]

I do not understand why these fund managers continue to accept the labels the RATS put on them. It is a sure loser.... IMHO the main reasons are two fold: These fund managers are

a) human beings,
They have a job they'd like to keep. They family and friends. They follow the news. They know about ACORN and the like. They know fear.

b) corporate officers,
They have what is called "a fiduciary trust". That at the end of the day the money entrusted to them will be safe. Despite what the RATS/MSM would have us believe, all business -- not even fund managers and bankers -- are a bunch of greedy, heartless bullies. If those funds aren't safe that manager is out of a job, his reputation smashed, and maybe even facing time in the slammer.

To openly and boldly defy the White House -- especially this White House, with its MSM lackeys -- would be like walking into a PR buzz saw.