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June 13, 2009
Obama auto team called shareholder lawyer a "terrorist" (Video)
Topics: Political News and commentariesVia Hot Air, Team Obama has essentially overwritten 200 years of bankruptcy law and attacked the teacher's pension fund in Indiana (among other bondholders - and their attorney), who had the temerity to insist that the government follow contract law:
When we last left the negotiations between Chrysler's senior bondholders and Barack Obama's auto task force, Thomas Lauria and his clients alleged that the government used intimidation tactics and threatened to sic the White House press corps on individuals if they didn't give up their rights to allow the unions to win in the bankruptcy. Congress took an interest in this"madman" theory of the Presidency and got access to some e-mails floating between the task force and an analyst. Rep, Steven LaTourette (R-OH) reads from the e-mails, in which the auto task force calls Lauria -- their attorney -- a "terrorist" and refuses to negotiate after a Chrylser expert consulted him:
Catch more commentary at Hot Air.
Isn't it Team Obama the is acting like a "terrorist" - or at the very least, madmen - by running roughshod over 200 years of bankruptcy law, threatening the secured creditors that Obama would "do anything to get his way," and shredding the constitution?
"One participant in negotiations said that the administrations 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."Welcome to Obamaworld, America.
Related:
Do We Even Know What a Terrorist Is Anymore?
Obama's Idea of a Terrorist ...
Posted by Hyscience at June 13, 2009 10:29 AM
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