Again, I ask, are such tactics illegal or an abuse of power?

Where's the cry for a Special Prosecutor?

And I couldn't help chuckling at reading that both sources voted for Obama... I bet that wasn't the change they were hoping for.

Sounds a lot like extortion to me. Wouldn't the RICO laws apply?

This is a lot worse than a BJ in the oval office.

"Again, I ask, are such tactics illegal or an abuse of power?"

I'm uncertain if it's illegal, it is unconstitutional. It most certainly is an abuse of power.

ss -

And I couldn't help chuckling at reading that both sources voted for Obama... I bet that wasn't the change they were hoping for.

Now, just where is that U Dem, he was oh so sure no laws were broken despite signed contracts allowing 100% returns in investments by pensioneers, teachers' credit unions, personal retiree accounts, retirement plans and college endowments (as opposed to EVIL hedge funds obama demagogued), and just as sure Thomas Lauria was a liar.

What say you now u dem? (insert same stupid shit here _______ )

For the last 8 years executive power abuse was a focus (near life-blood it seemed at times) of dem outrage with the Bush administration.

Now, apparently not so much.

Now obama Democrats accent bullying over governing.

(*Sigh*)

And again, Obama was the candidate who promised bi-partisanship -- no, post-partisanship! -- and an end to corruption, secrecy, and politics as usual.

MeThinks this needs updating, Thomas Lauria has gotten smacked by the short wheelbase bus but at this point is missing.

Machiavelli?

No, Machiavelli knew that stealing people's property would lead to revolt/rebellion. Most of our politicians have ignored Machiavelli's advice.

Has no one mentioned that the Madman tactic was meant to be used against the NoKos, while Obama is using it against Americans?

Why not? He's already shown his mastery of the Big Lie Theory.

This is simple Chicago Politics in action. We've been telling folks for the last year+ that this is what we would get with Big 0 in office. I would just so love to say to all those who voted for Obama, "I told you so."

I'm afraid Don Obama will just make them an offer they can't understand. Tony Soprano wishes he could do what the thugs in the WH are doing.

I love this. I often wondered how Hitler came to power. Now I know.

So Adolphus is reborn..its been happening every half century or so.. ? Move along.

Has no one mentioned that the Madman tactic was meant to be used against the NoKos, while Obama is using it against Americans?

Funny you should mention that Nixonian tactic, because Ace HAS mentioned it:

http://minx.cc/?post=286862
One participant in negotiations said that the administration's tactic was to present what one described as a "madman theory of the presidency" in which the President is someone to be feared because he was willing to do anything to get his way. The person said this threat was taken very seriously by his firm.

This from John at Powerline. Could not have said it better.
Barack Obama's lawless conduct in connection with the Chrysler bankruptcy is sending shock waves through the business community. It is important to understand what is happening here. Many think that Obama is merely engaging in crony capitalism, favoring his political supporters (most notably the Auto Workers Union) at the expense of others. That's true, of course, but it is much worse than that: Obama has tried to bully those who have not bought his favor--Chrysler's non-TARP secured creditors--into giving up their legal rights by threatening to use the powers of the White House to damage their businesses. This sort of lawlessness is common in some of the more corrupt Third World countries, but it is brand new to the United States.

Too bad he's not as tough with Iran.

Let's see........getting the UAW a sweetheart deal OR stopping a rogue nation from getting nukes......? Tough decision.

What was it they used to call it when the State confiscates the property of the Proletariat and gives control of Capital to the Working Class?

Seems like I've heard this before somewhere, but I'm one of the last groups who were taught economics and actual history in school, and it was so long ago. That's in the Land Before Time, before the creation of political correctness, zero tolerance programs, free Ritalin and condom programs, sensitivity training, anti-bullying rules, the outlawing of Dodgeball, the takeover of the National Education Association, school busing, armed security guards, metal detectors and strip searches. Back before the Early Release Program.

You know, before the Idiocracy.

Guess the usual suspects are waiting for some talking points on how to spin this... or hoping it'll just go away if the media refuses to cover it.

Guess the usual suspects are waiting for some talking points on how to spin this... or hoping it'll just go away if the media refuses to cover it.

I guess anonymous quotes posted on websites run by criminals who have been banned for life from the securities industry and fined $4 million for rampant fraud aren't compelling enough to even bother reacting to.

I do love that Kim thinks one anonymous quote corroborates another, as if they couldn't be coming from the same person.

Anyway, I guess this particular load of shit just didn't manage to stir up the "usual suspects," but hey, the judge thinks the hedge fund assholes are full of shit too.

These lenders, primarily investment firms, have said that the plan for the Fiat transaction ran afoul of bankruptcy law and would chill efforts by others to produce competing, potentially higher bids.

But Judge Gonzalez disagreed, saying, "The court concludes that the bidding procedures are appropriate and necessary."

The judge's decision was a victory for Chrysler and the government, which together argued that a speedy sale was the only way to protect tens of thousands of jobs and help along the American economy.

Mantis, are you defaming the reputation of the attorney Thomas Lauria? I do not think the anonymity of the internet will protect you from slander or libel action. That said, you overlook the fact Lauria was an Obama supporter and the type of law Mr. Lauria practices is seldom subject to public spotlight. I think that once again you Mantis are full of sh*t as usual.

mantis - Nothing to say about Thomas Lauria?
I mean really, he's a named accuser, not Mr./Ms Anonymous?"

Is he a liar? Is someone who works for one of the most respected law firms in the country AND head of the bankruptcy arm of the firm a liar?

What about obama's demagoguery on "evil" hedge funds when in reality of the 30% hesitant to take this deal were also comprised of pensioneers, teachers' credit unions, personal retiree accounts, retirement plans, college endowments that have bought Chrysler debt under a legal contract that mandated a 100% payback?

Nothing to say about the executive branch going into the judicial branch which may be cause for Constitutional issues be raised.

And BTW, you do know your linked story and judges decision that occurred on Tuesday was after Lauria's clients knuckled under the alleged pressure from the WH and his ruling in no way casts any shadow on Lauria or his clients.

Thomas Jackson wondered how Hitler came to (and, one supposes, how he remained in) power.

And the answer is: With no little assistance from the traitor, Roosevelt and from the other traitors, fascists, crypto-fascists, opportunists and profiteers (the mobbed-up Massechusetts Kennedys prominent among that gang) that were counted among the Roosevelt cronies and that comprised his richly-Soviet-agent-larded "administration."

Brian Richard Allen
Los Angeles CalifUBAMBIcated 90028
And the Far Abroad

mantis... and what of the just named firms that still stand against this plan?

Wonder why that is? Could it be they, at least until now, haven't bowed to obamas pressure and are actually standing up for the secured loans via their bond holders. (look-up secured loans as they relate to bankruptcy mantis)

Got anything to say on the lies that were told when Chrysler were given not one but two bailouts, you now the ones, it was said they would be paid back.

Now not so much.

Now the taxpayer is on the hook for $8 billion in "bridge loans" and 4 billion in bankruptcy financing.

And the future kicker is... they will still fail and disappear within 18 months.