Jennifer Rubin, Commentary Magazine (3/30/09) "Senator Corker calls the car company takeover “a power grab.” And it also seems to be a grab for the mere sake of asserting the government’s muscle. If this report is to be believed, then this is all an elaborate charade to hide . . . yes . . . a good old fashioned bankruptcy proceeding:
...So if they are going to use bankruptcy to “cleanse” debt and rewrite labor agreements why not, you know, just do it? Why make this all about the president throwing his weight around and personally firing the head of a major corporation? You got me. Perhaps there is some hidden economic rationale or required bargaining ploy, but it seems that President Bush and then President Obama should have pointed these companies to the bankruptcy courts some time ago, spared the tax payers billions, and gotten started on the needed restructuring. But that wouldn’t place the president in the center of the action, I suppose. At some point it becomes clear that this administration’s main goal is not recovery but the elevation of the government, and of this president in particular, above all other economic players. Some would say it’s bold. Others would say it’s the road to tyranny." http://www.commentarymagazine.com/blogs/index.php/rubin/60621 Jarrad --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Politically Opinionated Outspoken People Expounding Religion" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/pooper?hl=en -~----------~----~----~----~------~----~------~--~---
