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Thugs In the White House
Fox News ^ | May 8th, 2009 | John R. Lott, Jr.

Posted on 05/08/2009 7:29:48 PM PDT by JohnRLott

So much for any hope that the government would uphold rules and abiding by contracts. Instead, we keep getting examples of something else – that when President Obama fails to persuade firms to follow his wishes, he does not hesitate to use threats of financial destruction.

Cliff Asness, the co-founder of the $20 billion hedge fund AQR Capital Management, laid bare the latest attacks with an open letter on Wednesday:

“The President screaming that the hedge funds are looking for an unjustified taxpayer-funded bailout is the big lie writ large. Find me a hedge fund that has been bailed out. Find me a hedge fund, even a failed one, that has asked for one. In fact, it was only because hedge funds have not taken government funds that they could stand up to this bullying. The TARP recipients had no choice but to go along.”

This is just the latest in a string of intimidating tactics starting with threatening costly public audits to get compliance. Then there were the threats of firing CEOs who had the audacity to oppose government plans. The very latest is threats to use “ the full force of the White House press corps [to] destroy [the firm Perella Weinberg's] reputation” if it resisted the government stealing their money, according to Thomas Lauria who represented the firm up until last week. ABC News’s Jake Tapper reports that Mr. Steven Rattner, the head of the auto task force, made the threat.

The White House has been pushing hard to nationalize the automobile companies. . . . .

(Excerpt) Read more at foxforum.blogs.foxnews.com ...


TOPICS: Business/Economy; Editorial; Government; Politics/Elections
KEYWORDS: asness; bailout; chrysler; cliffasness; cliffordasness; creditors; johnlott; obama; ruleoflaw
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To: JohnRLott

Thank you so much for getting this out there.


21 posted on 05/08/2009 8:36:51 PM PDT by Tammy8 (Please Support & pray for our Troops; they serve us every day. Veterans are heroes not terrorists!)
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To: Typical_Whitey
"Obama will be coming after all of us soon."

Let the worthless Kenyan bastard try it, and see what happens!


22 posted on 05/08/2009 8:47:52 PM PDT by Prole (Please pray for the families of Chris and Channon. May God always watch over them.)
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To: JohnRLott
In what state does the hedge fund people record their liens?????
23 posted on 05/08/2009 8:51:22 PM PDT by org.whodat (Auto unions bad: Machinists union good=Hypocrisy)
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To: Prole

“Madness?”

http://www.youtube.com/watch?v=-qR0Uke2XNI


24 posted on 05/08/2009 9:20:08 PM PDT by RasterMaster (DUmocrats - the party of slavery, sedition, subversion, socialism & surrender)
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To: JohnRLott

BTTT


25 posted on 05/08/2009 9:45:21 PM PDT by spodefly (This is my tag line. There are many like it, but this one is mine.)
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To: JohnRLott

Thank you. Don’t be a stranger.


26 posted on 05/08/2009 10:16:54 PM PDT by Tainan (Where's my FOF Indicator?)
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To: JohnRLott

Often called “fascism,” this system of leftist oligarchic government combines state control, a charismatic leader, and the use of state institutions to subvert the rule of law, contracts, and associations among individuals.

We’re boned.


27 posted on 05/08/2009 11:18:14 PM PDT by redpoll
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To: JohnRLott
I notice that the keyword Chrysler has been removed from the POPULAR KEYWORDS list at the top of the FR page. It's always the same. We get outraged over an issue. It becomes a major keyword as long as the media is willing to do a little investigating. They finally tire of the story and it simply fades into the background, allowing Obama and the rest to do whatever they want without any scrutiny.
28 posted on 05/09/2009 4:38:08 AM PDT by REPANDPROUDOFIT
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To: JohnRLott
Thugs In the White House

In some respects, "Obama the Kenyan" development is a mirror image of Clinton the Arkansan".....

.....Clinton was a thug in Arkansas, went to Washington, and by the time he left, he was nothing but a two bit punk.

.....Obama went to Washington a two bit punk with no experience. He is rapidly becoming a first class thug, complete with our tax paid resources as enforcers.

Obama is dangerous. He is getting bolder and more brazen by the day. His followers do not even see it.

29 posted on 05/09/2009 8:30:08 AM PDT by SteamShovel (When hope trumps reality, there is no hope at all.)
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To: RasterMaster
"I have chosen my words carefully, Kenyan!"

Summarizes the viewpoints of many frustrated Americans out there who are sick and tired of a pathological liar going around the USA lecturing us on how to live.

30 posted on 05/09/2009 3:32:39 PM PDT by Prole (Please pray for the families of Chris and Channon. May God always watch over them.)
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