Archive for May 3, 2009

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Thanks Flibby!

Yaron Brook on Chrysler’s Bankruptcy

I particularly liked his quote half way in that “This is so corrupt – it’s hard to imagine a couple of years ago we’d be at this point in American history”. Exactly – I’ve said this several times, but I never thought I’d see outright, true and real fascism so fully on display in this country. The latest example: those Chrysler creditors who actually want their contracts to be enforced are being strong armed into submission by President Obama.

Perella Weinberg Partners, Lauria said, “was directly threatened by the White House and in essence compelled to withdraw its opposition to the deal under the threat that the full force of the White House press corps would destroy its reputation if it continued to fight.”

Here’s Yaron: