IS IT TOO EARLY TO BE TALKING IMPEACHMENT?
(why not? they talked impeachment every time W sneezed)
The dems are in bed with the unions, so anything is okay as long as the union is rewarded. Investors and taxpayers all be damned! This is politics at its worse!
I feel like I have seen this bad gangster movie before.
In the opening scene, a naive investor buys some bonds, explaining to his staff that they are a sound investment secured by hard assets. Even if the company goes under, the investor explains, bond investors stand to get about 80 percent of their money back.
The next day, a government official calls and offers to buy up the bonds at 33 cents on the dollar, while giving controlling interest in the company to the labor unions. The investor refuses. That night, a man shows up at his home.
Were not saying anything bad is going to happen to you, the tough says, but the big boss is going to be very disappointed in you if you dont take the deal. By the way, hows your little girl? Is she still going to school down on Federal Street? The investor caves.
The evolution of the Chrysler LLC bankruptcy seemed almost as bad. The Obama administration brokered a deal that gave labor unions a 55 percent equity stake in Chrysler, putting their interests ahead of the secured interests of bondholders.
Goldman Sachs Foreshadowed UAWs Chrysler Coup: Kevin Hassett
More from Neal:
In other words, my fellow Americans-—
BE AFRAID...BE VERY AFRAID
It seems that in 2009, the greatest threat to “Freedom of the Press” is....the PRESS itself.
Impeach them both.
Typical of this bunch of totalitarian thugs.
The MSM has become a willing and active extension of the ‘Bama presidency. They should be concerned over any allegation, specious or not, that they are used or that there are threats that they would be used, as an instrument of intimidation. The MSM is becoming more and more the center of the news, and it seems to bother them not a bit. One can only conclude that the role pleases them.
Neither side is backing down. This is going to go nuclear. Whoever wins will win VERY big, and whoever loses will be utterly destroyed.
This is it folks. Obama is either going down in flames over this or, when the dust settles, we will have a VERY different Amerika.
IMO