>>>He did what any hard man would do with Chrysler. They dug their own hole.
>>>
>>>Do you have any idea what you are talking about or what the issues really are? He screwed the bond holders when, by law, they should have been the first to be re-paid. No one I know would have shredded contract law (and the constitution) to do what Obama did.
>>
>>Chrysler was already dead in the ditch. They had their chance and they didn't take it.
>>
>>GM may be next.
>>
>>Oddly enough, I have fallen in love with a car again. The new Camaro.
>
>I still don't see why that makes it ok. How is it ok? As to government takeover, if you have your own business and you hire 2 developers and you run it into the ground, is it ok for the government to step in and take it over?
>
>When it comes to bondholders, I really don't see anyone voluntarily being one in the future given what was done by the current administration to them. Do you understand the difference between a bondholder and a stockholder? After that fiasco and smashing of contract law, who on earth would buy bonds now?
>
>I really think that the act of by the administration regarding bondholders will be one of the straws on the camel's back for this economy (not to mention the other implications on this country as a whole).
>
>I am amazed you cannot see that and are not disturbed by so many of Obama's actions so far. The one crime I think Bush should have been impeached over is the eroding of the bill of rights. I posted here about numerous times. Obama has already gone so far past anything Bush did to the bill of rights there is no comparison.

You are really nuts on the subject of Obama. You have joined the crazies.