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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (482663)5/21/2009 11:30:35 PM
From: Joe NYC1 Recommendation  Read Replies (1) | Respond to of 1573691
 
You're making this all up. The judge rules in BK court, not Obama.

No, Obama tried to put the fix in before the BK court. It worked with government controlled entities (TARP banks). Intimidation was the tool for non-TARP recepients.

Just read the above paragraph, and imagine time before 2009. Where would you think it took place? My first bet would have been Venezuela.

We are turning into Venezuela and our president into Hugo Chavez.

Then why do you feel the need to defend Chase, Citi , Goldman Sachs and Morgan Stanley et al?

Again, I am defending secured creditors, regardless of who they are. You may be one of them through some 401k or pension fund. It is quite possible that whoever is managing those fund was strongarmed into violating his fiduciary responsibility, and agreed to Obama's demand to hand over your money to UAW.

And, to add insult to injury, on top of this money Obama wants to confiscate and hand it over to UAW, he is handing taxpayer money to UAW.

Joe