Article View: boulder.general
Article #259Re: Will This Be The End Of The United States?
From: lib_o_matic
Date: Mon, 15 Oct 2012 15:47
Date: Mon, 15 Oct 2012 15:47
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On 10/15/2012 9:22 AM, Phlip wrote: >>>>>> Gee, maybe we need Romney to send ALL our Jobs to Red China >> >>>>> When you have Obama to sell Chrysler to FIAT? >> >>>> I'm aware you are too stupid to get the point, but Fiat ain't RED. >>>> That means Communist. >> >>> So it's OK to sell American companies to non-commie foreigners? > > yeah, and it's also okay to snip the most important context just to > pretend you have a point: Regardless of who is stupid enough to invest > in Chrysler, THE JOBS ARE STILL HERE. Where are the PROFITS? Italy? In a STATE_OWNED automaker??? What did the UAW get in exchange? http://www.openmarket.org/2009/05/08/gangster-government-gave-chrysler-to-the-uaw-examiner/ �Gangster government gave Chrysler to the UAW� So reads the Washington Examiner�s editorial today about how Obama effectively gave ownership of Chrysler to the United Auto Workers Union (which spent millions electing Obama), rather than taxpayers (who have spent billions to bail out Chrysler) or the institutions that lent money to Chrysler based on the legal right and expectation that they would receive its assets before the UAW union would. Veteran political commentator Michael Barone also calls it �gangster government.� The UAW will also retain �lucrative� pension and health benefits, courtesy of the taxpayer. The liberal USA Today put it more gently, but it, too, criticized the Obama Administration. Obama demonized the institutional creditors, like hedge funds, that helped Chrysler when it needed funds, and then were given the shaft in his sweetheart deal benefiting the UAW. He branded them as �speculators� when they objected to it, and then arranged a collusive sale of the company in all but name (giving up all its valuable assets) to circumvent their legal rights (a sale rubberstamped by a liberal bankruptcy judge). As a result of Obama�s attacks, these creditors have received death threats. Administration officials also threatened to smear the creditors in the press (which might violate the First Amendment). But as USA Today notes, �those creditors have every right to balk. By doing so they are not only defending their own interests, they are standing up for the principles vital to functioning credit markets. Secured lenders get first dibs at recovering their losses if a company cannot meet its obligations. They will be less willing to lend if they fear they�ll be forced to surrender their position.� While Chrysler�s lenders have lost almost all of their assets, the union has given up little. Indeed, USA Today notes, the UAW has �continued to press for retiree health benefits more generous than those available to taxpayers funding the bailout.� (Moderate Democrat Mickey Kaus describes UAW pension and health benefits under the deal as continuing to be �lucrative�). As reporter and columnist Tim Carney notes, car czar (and Democratic fundraiser) Steven �Rattner and Obama have decided that the United Auto Workers union should get 55 percent of Chrysler. At the same time, they�ve attacked many of Chrysler�s secured creditors � who, in a regular, nonpoliticized bankruptcy, would be repaid in full � for resisting this deal. In a federal complaint, these administration targets alleged: �The government exerted extreme pressure to coerce all of [Chrysler�s] constituencies into accepting a deal which is being done largely for the benefit of unsecured creditors at the expense of senior creditors.� UAW�s political action committee spent $13.1 million last election cycle, a slow year for the union�s political arm. Of the PAC�s $2.3 million in direct contributions to candidates and candidate PACs, more than 99 percent went to Democrats. Of 42 Senate candidates to get UAW money, only one was Republican, and that was Arlen Specter. The union�s PAC also reported $4.5 million in independent expenditures supporting Obama, plus an additional $423,000 opposing John McCain. So, here�s the arrangement: You pay your taxes, the Obama administration funnels some of the money to Chrysler, whose profits enrich the UAW, which in turn funds Obama�s re-election. Predictability, precedent and the rule of law have been replaced with the fiat of politicians. Chrysler could become a pass-through entity from taxpayers to the Democratic Party. And in charge of it all is a Democratic fundraiser. Boss Tweed would be proud.� > Now let's hear you whine about how Obama's a "Socialist", Oh let HIM tell you about that, you Caliphonya phony: http://www.examiner.com/article/flyer-reveals-barack-obama-headlined-socialist-event-1996 On Thursday, Buzzfeed's Andrew Kaczynski published what he described as a "little-seen advertisement that ran in the Hyde Park Herald in 1996" showing then state senate candidate Barack Obama listed on a panel sponsored by the Democratic Socialists of America (DSA), University of Chicago Democrats, and University of Chicago DSA. Obama's ties to the socialist group was discovered in October 2008 by the Politically Drunk On Power blog, causing Newsbusters' P. J. Gladnick to wonder if the so-called mainstream media (known here as the Democrat-media complex) would report it. View slideshow: DSA flyer highlighting Obama . . "The mainstream media thought that the membership of Todd Palin, who is not a candidate for any office, in the Alaska Independence Party important enough to report in such outlets as the Los Angeles Times, MSNBC, and the New York Times, among others," he wrote. He asked: "So now that Barack Obama's membership in the far left New Party has been unearthed, will they report his membership in that Socialist organization?" In 2008, the blog that made the discovery said that "[a]fter allegations surfaced in early summer over the 'New Party's' endorsement of Obama, the Obama campaign along with the remnants of the New Party and Democratic Socialists of America claimed that Obama was never a member of either organization." "The DSA and 'New Party' then systematically attempted to cover up any ties between Obama and the Socialist Organizations. However, it now appears that Barack Obama was indeed a certified and acknowledged member of the DSA's New Party," the blog said. Trevor Loudon wrote Thursday that while Obama has been connected to the organization "for at least 30 years," this is the only DSA event Obama can be linked to with documentary evidence. According to a Chicago DSA report of the event, Obama spoke glowingly of the role government should play in creating "productive communities." "The state government can also play a role in redistribution, the allocation of wages and jobs," the report said. The Chicago DSA also endorsed Barack Obama in the 1996 election. Loudon adds that of the panelists shown on the 1996 flyer, "William Julius Wilson and Joseph Schwartz were both confirmed DSA members, Toni Preckwinkle, was a long time DSA affiliate, and Michael Dawson was a later founder of the Marxist lead Black Radical Congress and a supporter of Obama friend and former Weather Underground terrorist leader Bill Ayers." Jim Hoft of the Gateway Pundit asked: "Can we call him a socialist now?" ---------------------------------------------------------------- > and how you want to vote for Romney, whose best buddies No, I won;t be taking the word of some Caliphonyan libitard who spends life kvetching on alt.fan.rush-limbaugh for ANY_thing. Drop dead, you commie puke!
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From: lib_o_matic <rov@co.bass>
Newsgroups: boulder.general,alt.society.liberalism,aus.politics,alt.politics.liberalism,alt.politics.liberal
Subject: Re: Will This Be The End Of The United States?
Date: Mon, 15 Oct 2012 09:47:17 -0600
Organization: A noiseless patient Spider
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