I talked about the Chrysler LLC Bankruptcy charade here.
We are learning more about the way Despot Obama uses the power of government to loot this country.
First we have this story from New York soon to be bankrupt Times:
But now the two men, along with a handful of other financiers, are being blamed for precipitating the bankruptcy of an American icon. As Chrysler’s fate hung in the balance Wednesday night, this group refused to bend to the Obama administration and accept steep losses on their investments while more junior investors, including the United Automobile Workers union, were offered favorable terms.
In a rare flash of anger, the president scolded the group Thursday as Chrysler, its options exhausted, filed for bankruptcy protection. “I don’t stand with those who held out when everyone else is making sacrifices,” Mr. Obama said.
Chastened, and under intense pressure from the White House, the investment firm run by Mr. Weinberg and Mr. Perella, Perella Weinberg Partners, abruptly reversed course. In a terse statement issued shortly before 6 p.m. Thursday, Perella Weinberg Partners announced it would accept the government’s terms.
Above story is dated April 30, 2009.
Today we have the following news:
The Obama administration threatened to use the White House press corps to besmirch the reputation of one of the financial firms that holds Chrysler debt, according to a prominent New York bankruptcy lawyer.
If true, the explosive charge shows that the White House was willing to go much further than is widely known to have its way in the attempt to restructure the Detriot automaker.
"One of my clients was directly threatened by the White House and in essence compelled to withdraw its opposition to the deal under threat that the full force of the White House press corps would destroy its reputation if it continued to fight...That was Perella Weinberg," Tom Lauria, the head of the bankrutpcy department for top New York City lawfirm White & Case, told a WJR 760 radio host.
White House "Directly Threatened" Perella Weinberg Over Chrysler - The Business Insider
You can listen to the interview here:
We witnessed Obama's attempt to besmirch these lenders. He did it personally. He attacked these people. Propagandist Obama Media Corps that stand at attention in their ruler's presence dutifully spread the propaganda as New York Bankrupt Times did.
Is this the change you voted for? Total take-over and looting of this country by a guy who refuses to show us proof that he is eligible to be the President? Barack Hussein Obama has paid over $800,000 to lawyers to stop Americans from seeing the proof that he is a natural born citizen as required by the United States Constitution, Article 2, Section 1, to be sworn into office as president of the United States. Why? Why can't he produce his birth certificate? Why would he spend over $800K to keep his birth certificate sealed? Folks, this is a very simple question. If this guy is a natural born citizen, what is the danger in making his birth certificate public? Heck, his tax return is public, why not his birth certificate? I just want to know if the United States of America is being screwed by a genuine American natural born citizen or a Kenyan-Indonesian fraud?