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Odysseus
05-07-2009, 09:15 PM
New Allegations Of White House Threats Over Chrysler (http://www.businessinsider.com/new-allegations-of-white-house-threats-over-chysler-2009-5)

John Carney|May. 5, 2009, 12:33 PM|165
http://static.10gen.com/businessinsider.com/~~/f?id=49a5e4e14b5437cb007a203f&maxX=400&maxY=300
Creditors to Chrysler describe negotiations with the company and the Obama administration as "a farce," saying the administration was bent on forcing their hands using hardball tactics and threats.

Conversations with administration officials left them expecting that they would be politically targeted, two participants in the negotiations said.

Although the focus has so been on allegations that the White House threatened Perella Weinberg, sources familiar with the matter say that other firms felt they were threatened as well. None of the sources would agree to speak except on the condition of anonymity, citing fear of political repercussions.

The sources, who represent creditors to Chrysler, say they were taken aback by the hardball tactics that the Obama administration employed to cajole them into acquiescing to plans to restructure Chrysler. One person described the administration as the most shocking "end justifies the means" group they have ever encountered. Another characterized Obama was "the most dangerous smooth talker on the planet- and I knew Kissinger." Both were voters for Obama in the last election.

One participant in negotiations said that the administration's tactic was to present what one described as a "madman theory of the presidency" in which the President is someone to be feared because he was willing to do anything to get his way. The person said this threat was taken very seriously by his firm.

The White House has denied the allegation that it threatened Perella Weinberg.

Last week Obama singled out the firms that continue to oppose his plan for Chrysler, saying he would not stand with them. Perella Weinberg says it was convinced to support the plan by this stark drawing of a line between firms that have the president's backing and those that did not. They didn't want to be on the wrong side of Obama. Privately, administration officials have expressed confidence that other firms will switch sides for this reason.

These allegations add to the picture of an administration willing to use intimidation to win over support for its Chrysler plans--and then categorically deny it.

++++++++++++++++++++++++++++++++++++++++++

Nubs
05-07-2009, 09:54 PM
This is how "community organizers" do their work. Shakedown artists - Jesse Jackson would be proud

AmPat
05-08-2009, 01:32 AM
The polish is wearing off quickly. When does the buyers remorse start? The diehard morons will worship Thugbama til the bitter end. Specifically after all the spoils have been stolen and redistributed to the do-nothings and the lazy.

FlaGator
05-08-2009, 06:18 AM
Perhaps Chrysler should just take one for the team and die a natural death. I wonder how the Obama administration would deal with that jolt to the economy?

Elspeth
05-08-2009, 08:54 AM
This is how "community organizers" do their work. Shakedown artists - Jesse Jackson would be proud

Good point!

SaintLouieWoman
05-08-2009, 09:02 AM
This is how "community organizers" do their work. Shakedown artists - Jesse Jackson would be proud
Just look at Acorn and you'll see how the Obama administration operates. The Chicago guys are leading this country, heaven help us all.

Odysseus
05-08-2009, 09:33 AM
Perhaps Chrysler should just take one for the team and die a natural death. I wonder how the Obama administration would deal with that jolt to the economy?
They'd blame the bondholders and come up with a way to nationalize the company. In fact, I wouldn't be surprised if that's the final goal. They could nationalize Chrysler and give a big chunk to the union, making it a "public/private" partnership. How that would work in terms of producing cars would be interesting, to say the least. For example, can a government car manufacturer exempt itself from certain regulatory requirements regarding safety standards? Who do you sue if your federally-built car has a fatal defect? How will the government-owned company compete with Ford, or Toyota, Honda and Volkswagon, for that matter, especially if the public declines to buy the cars that the federal bureaucracy decides that we ought to want?

This is how "community organizers" do their work. Shakedown artists - Jesse Jackson would be proud
It's no coincidence that they both got their start in Chicago. The ideology may be Marx, but the tactics are pure Capone.

Rockntractor
05-08-2009, 10:22 AM
They'd blame the bondholders and come up with a way to nationalize the company. In fact, I wouldn't be surprised if that's the final goal. They could nationalize Chrysler and give a big chunk to the union, making it a "public/private" partnership. How that would work in terms of producing cars would be interesting, to say the least. For example, can a government car manufacturer exempt itself from certain regulatory requirements regarding safety standards? Who do you sue if your federally-built car has a fatal defect? How will the government-owned company compete with Ford, or Toyota, Honda and Volkswagon, for that matter, especially if the public declines to buy the cars that the federal bureaucracy decides that we ought to want?

It's no coincidence that they both got their start in Chicago. The ideology may be Marx, but the tactics are pure Capone.
They will start giving Obomotor cars to welfare recipients and government agencies. Next time Obama goes to England he will give one to the Queen ( with a built in Ipod hook-up of course).

linda22003
05-08-2009, 10:35 AM
They will start giving Obomotor cars to welfare recipients and government agencies. Next time Obama goes to England he will give one to the Queen ( with a built in Ipod hook-up of course).

And the steering wheel on the "wrong" side! ;)

lacarnut
05-08-2009, 12:06 PM
And the steering wheel on the "wrong" side! ;)

A "righty"" steering wheel would not work for a Dummiecrat. :eek:

marinejcksn
05-08-2009, 01:45 PM
I found a good picture of the President with Rahm and Gibbs right before the Chrysler meeting:

http://shadoka.files.wordpress.com/2009/04/the-sopranos-silvio-tony-paulie.jpg

:D

Molon Labe
05-08-2009, 02:25 PM
I found a good picture of the President with Rahm and Gibbs right before the Chrysler meeting::D

Reminds me of a joke....What's the difference between the federal government and the Mob?

The Gov. calls their bill collecter the IRS and the MOB calls it "Big Louie".




The mob also doesn't fly flags in front of their buildings. ;)

marinejcksn
05-08-2009, 02:31 PM
At least with the Mob you get told you're being fu*ked over.

Odysseus
05-08-2009, 02:53 PM
They will start giving Obomotor cars to welfare recipients and government agencies. Next time Obama goes to England he will give one to the Queen ( with a built in Ipod hook-up of course).

I don't think that the Queen cared for her Ipod...
http://www.nypost.com/postopinion/ramirez/2009/04/04032009.jpg

At least with the Mob you get told you're being fu*ked over.
That's because the mob doesn't have Kieth Olbermann.

BTW, for those who've never seen the kind of car that socialism can produce, here's a view of their past and our future:

http://img.timeinc.net/time/2007/50_cars/trabant.jpg

This is the car that gave Communism a bad name (http://www.time.com/time/specials/2007/article/0,28804,1658545_1658533_1658030,00.html). Powered by a two-stroke pollution generator that maxed out at an ear-splitting 18 hp, the Trabant was a hollow lie of a car constructed of recycled worthlessness (actually, the body was made of a fiberglass-like Duroplast, reinforced with recycled fibers like cotton and wood). A virtual antique when it was designed in the 1950s, the Trabant was East Germany's answer to the VW Beetle a "people's car," as if the people didn't have enough to worry about. Trabants smoked like an Iraqi oil fire, when they ran at all, and often lacked even the most basic of amenities, like brake lights or turn signals. But history has been kind to the Trabi. Thousands of East Germans drove their Trabants over the border when the Wall fell, which made it a kind of automotive liberator. Once across the border, the none-too-sentimental Ostdeutschlanders immediately abandoned their cars. Ich bin Junk!

AlmostThere
05-08-2009, 03:10 PM
Reminds me of a joke....What's the difference between the federal government and the Mob?

The Gov. calls their bill collecter the IRS and the MOB calls it "Big Louie".




The mob also doesn't fly flags in front of their buildings. ;)

It looks like they'll have the muscle to do it like Big Louie.

http://www.reuters.com/article/wtMostRead/idUSTRE5464DP20090507

WASHINGTON (Reuters) - President Barack Obama proposed on Thursday nearly doubling funds to enforce U.S. tax laws next year, with an aim of more than quadrupling funding for tax compliance to $2.1 billion within five years.

marinejcksn
05-08-2009, 04:09 PM
It looks like they'll have the muscle to do it like Big Louie.

http://www.reuters.com/article/wtMostRead/idUSTRE5464DP20090507

WASHINGTON (Reuters) - President Barack Obama proposed on Thursday nearly doubling funds to enforce U.S. tax laws next year, with an aim of more than quadrupling funding for tax compliance to $2.1 billion within five years.

If the IRS sends this guy out to collect my cash, I'll probably soil myself.

http://www.telefilmzone.it/imgImmagini/Attori/FrankVincent/frank1.jpg

By the way, does anyone else find it ironic that Bummer is all over finding tax cheats when there's one usually standing right next to him in photo ops? :rolleyes:

Odysseus
05-08-2009, 04:47 PM
If the IRS sends this guy out to collect my cash, I'll probably soil myself.

http://www.telefilmzone.it/imgImmagini/Attori/FrankVincent/frank1.jpg

By the way, does anyone else find it ironic that Bummer is all over finding tax cheats when there's one usually standing right next to him in photo ops? :rolleyes:

Maybe he thinks that it takes a thief to catch a thief? :rolleyes::D

3rd-try
05-09-2009, 12:34 AM
Both were voters for Obama in the last election.

Still, this bothers me. I have a difficult time feeling sympathy for anyone who was snowed by the O campaign. Like why I can't take Dick Morris seriously. It was into Clinton's 2nd term before he figured the Clintons out?

blueyonder
05-09-2009, 09:11 AM
I would not want to be one of the companies that had to settle for .29 cents on the dollar. Losing 71 percent of what is owed can be the straw that breaks the camels back and makes a company go out of business.

Rockntractor
05-09-2009, 09:39 AM
Still, this bothers me. I have a difficult time feeling sympathy for anyone who was snowed by the O campaign. Like why I can't take Dick Morris seriously. It was into Clinton's 2nd term before he figured the Clintons out?
I think more happened with Morris than him figuring out bill Clinton. I think his worldview changed. He made a conscious decision to start doing the right thing and to leave the dark side.

lacarnut
05-09-2009, 01:32 PM
I would like to see a bondholder or a group take Obama to court for breaking contract law. I think they would win in federal court. Someone needs to stand up to this tyrant.

AlmostThere
05-09-2009, 05:03 PM
I would like to see a bondholder or a group take Obama to court for breaking contract law. I think they would win in federal court. Someone needs to stand up to this tyrant.

If anyone should it should be Schwarzenegger, but somehow I doubt he will. The crap Zero is pulling over those union wages in CA is mind-blowing.

Odysseus
05-09-2009, 08:43 PM
I would like to see a bondholder or a group take Obama to court for breaking contract law. I think they would win in federal court. Someone needs to stand up to this tyrant.

Maybe. It would depend on the judge. Nowadays, justice is a crap shoot.

CorwinK
05-10-2009, 09:08 PM
Maybe. It would depend on the judge. Nowadays, justice is a crap shoot.

I have to agree. not only is justice a crap shoot (very eloquently put by the way...love it lol) but people are greedy. with people loosing jobs left and right, all the government would have to do is bribe enough bondholders to settle with "no strings attached" and the case would fail.

I hate to say it but the only thing thats going to get through in washington is a show of arms. Voting for another round of faces in office who do the same damn thing isnt going to help. Perhaps something to the effect of what happens in the first few chapters of Tom Clancy's Executive Orders would do the trick??

AlmostThere
05-13-2009, 08:46 AM
Perhaps Chrysler should just take one for the team and die a natural death. I wonder how the Obama administration would deal with that jolt to the economy?

Judging how banks were not allowed to repay TARP money, I'd guess Lord Obama would lay his hands on Chrysler and proclaim that another had been risen from the dead. In other words, you make a deal with the devil and it is he who decides when to take your soul.

Anyone notice the title of James Carville's new book? "40 More Years: How Democrats will Rule the Next Generation". I think that title is very telling. "How Democrats will Rule the Next Generation"? Not lead or govern but RULE the Next Generation. I guess this is what it's like watching lambs being led to be slaughtered.

Odysseus
05-13-2009, 09:42 AM
I have to agree. not only is justice a crap shoot (very eloquently put by the way...love it lol) but people are greedy. with people loosing jobs left and right, all the government would have to do is bribe enough bondholders to settle with "no strings attached" and the case would fail.
Thanks. :D It wouldn't even be a case of having to bribe them, just the threat of endless litigation, activists on your doorstep night and day (ACORN has become Obama's Sturmabteilung) and vitriolic press would do the trick. They would only have to turn a small percentage of the bondholders, and then put them in front of the cameras and have them denounce the holdouts as "greedy" and anti-labor. Also, the special 90% tax on corporate bonuses means that they could even confiscate the holdings, as they've already established a precedent for Bills of Attainder, despite the very specific Constitutional ban on them.

I hate to say it but the only thing thats going to get through in washington is a show of arms. Voting for another round of faces in office who do the same damn thing isnt going to help. Perhaps something to the effect of what happens in the first few chapters of Tom Clancy's Executive Orders would do the trick??
Don't go there. Seriously.

Judging how banks were not allowed to repay TARP money, I'd guess Lord Obama would lay his hands on Chrysler and proclaim that another had been risen from the dead. In other words, you make a deal with the devil and it is he who decides when to take your soul.

Anyone notice the title of James Carville's new book? "40 More Years: How Democrats will Rule the Next Generation". I think that title is very telling. "How Democrats will Rule the Next Generation"? Not lead or govern but RULE the Next Generation. I guess this is what it's like watching lambs being led to be slaughtered.

No, the sheepdogs will be slaughtered (or at least put on trial for war crimes against the wolves), the wolves will be appeased and the lambs will be sheared over and over again...

AlmostThere
05-13-2009, 11:32 AM
No, the sheepdogs will be slaughtered (or at least put on trial for war crimes against the wolves), the wolves will be appeased and the lambs will be sheared over and over again...

Judging our performance, I for one would be ashamed to claim that noble title of sheepdog. We've really let the lambs down.

I'm sure you are familiar with "Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same.". To be honest, I never realized how literally accurate this statement was until the dark days arrived. Shame on me.

lacarnut
05-13-2009, 11:56 AM
Even the kool-aid state is finding out those stimulus dollars have Obama's tentacles that grab them by the nuts and tell them how to spend the money. The union health care workers in CA benefits/pay was reduced by Arnuld/Democratic legislature. Obama and his band of tyrants said no, no, you can not do that. Restore the cuts or you do not get the money. Socialism and unionization of every industry is on it's way folks.