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What dirty tricks did Barack Obama administration use to convince the creditors of Chrysler to accept?

to accept 28 cent on a dollar of secure debt, whereas junior creditor UAW receives 80 cent on a dollar. What leverage did Barack Obama use against the creditors? Why did large banks accept the dirty deal, whereas pension funds rejected the deal? How much farther should Barack Obama go before he surpasses Venezuela's Chavez, and Russia's Putin?

Public Comments

  1. none
  2. Uh-oh....are you on guard for the MIB helicopters---LOL! And let's hear "The Truth About 9-11", too. Yeah right. You need to live under Russia's Putin for about 15 minutes and you'll notice the difference.
  3. the dirty swine used reality, what a low down dirty trick!
  4. ROFLMAO read an article, doesn' tmatter where it came from and you would know whats going on. There was nothing from Obama in the whole deal other than him being president at the time.
  5. too bad you didn't run for president
  6. they haven't... as of yet it's in the Courts now
  7. the pitiable republicans and conservatives. reality seems to have a notorious liberal bias and it's just not fair!
  8. There you go again spewing sh!t all over the place that you know absolutely nothing about there boy.
  9. When you have lobbyist paroling the Capital like the UAW lobbyist are, you tend to work a little harder to see to it those who they lobby on behalf of are taken care of. Big lobbyist like the UAW are Obama's bread and butter. God bless.
  10. Hey, stock market investment involves risk. No one told these investors there wouldn't be risk. Maybe you were dumb enough to not see this coming and lost some money in the stock market. Stop sniveling and deal with it. You invested with open eyes, no one held a gun to your head. Stop being such a cry baby. The union is happy, Michigan is happy, over all the stock market is happy. Suck it up Stitchin Witch: The concept behing unions is that workers have a right to share in the profits a company makes. A strong union environment raises wages for ALL labor jobs. Please note, that with the decline in union power came the decline in wages for workers and increase poverty and wealth polorization. The decline in union wages is also fueling a large part of this nasty little recession we are experinecing. Unions are about ALL workers making more money and having a decent life. But, unfortunately, not all workers have the courage that union members have. They just Uncle Tom it to the bottom
  11. Rumor is there where some strong arm tactics involved, I guessing some of those shovel ready jobs. For his old mob friends out of Chicago. Just lean on them a little ! Fancy that , why do we care if the union is happy? Millions of other Americans have lost there jobs. Why are the car unions special ? Ummmm!
  12. "Fresh from pushing Chrysler into bankruptcy protection, President Barack Obama and his economic team are hoping that the hard line they took last week will give them leverage to make huge changes at General Motors, a far larger and more complex company." http://www.hispanicbusiness.com/news/2009/5/4/obamas_tactics_with_chrysler_could_give.htm They HAD to make the deal. Same thing with the banks. The government won't even take the TARP money back! THIS IS WRONG!
  13. Thug style 101 biaaatch
  14. Stitchin Witch... Rumour doesn't have it, Fox News is alleging.
  15. It is a thinly veiled attempt to undermine our markets. it is socialist non-sense. he is going to drive our major industries to the government for protection and he is going to give away companies like buick as hostess gifts to the italians and the indians. it is worse than hugo chavez. at least chavez has a plan for his people, it may be a foolish one and it may be bad for venezuela, but he believes it will work. obama doesn't care about the people. he has a vendetta against the previous administration and he doesn't care how far he has to make us sink, so long as he gets the point across that bush destroyed us and he is saving us. though in the process of his "high speed" rescue, we will likely all drown.
  16. He is using th Socialist/Mob playbook. I just wonder what is next.
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