[reaganaut1]

In America today, it does not matter if the law is on your side if the President is not.

[Glenn]

UAW 1?

Federal Government 10, then.

[P-Marlowe]

This marks the end of secured credit bonds in America.

I hope all the Fortune 500 companies are watching this.

Their ability to raise capital on the strength of their secured assets has now been decimated. Who is going to buy "secured" bonds now?

Government bailouts will now be the only method upon which they will be able to keep their heads above water in down times.

[BuckeyeTexan]

I wish Lauria would file a request for an emergency stay/injunction with the SCOTUS on this Chrysler asset sale.

[IrishCatholic]

Well, I guess they are being eliminated one by one.
The Socialists will crush all opposition.

[AmericanArchConservative]

Another government ripoff bookmark bump!

[Tenacious 1]

We will need a constitutional ammendment in the future to ban the government from interfering with private industry and lending.

It will be the only way to prevent this government migration to socialism/fascism (depending on how you use the term).

[I am Richard Brandon]

I hope that they get sued by their members for not looking after their interests. I hear the phrase ‘a country of laws’ so often but I am seeing evidence to the contrary. Obozo’s thugocracy is just like a bulldozer going through an ant heap.

[PMAS]

Obama basically gave the company to the UAW — I will never buy a Chysler/Dodge/FIAT again in my life.