Saturday, May 30, 2009

Dissing The Rule of Law: California and Chrysler

The political objectives of the Obama administration is to keep the union happy and to hell with creditors and taxpayers. Your property rights are nothing when social justice and/or the public good come into play. This is no longer the land of the free and the brave but the land of the moochers and parasites.

"Years and years of bankruptcy law says if you are a secured creditor you come first in the line". Watch this discussion video at the WSJ.

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