What do you think of Obama & a single bankruptcy judge has allowed to emerge from

H

Heidi 4

New member
bankruptcy? Why do we need a Congress or Senate or Supreme Court if Obama can make these decisions that will cost we the taxpayers billions?

This liberal Democratic Congress is all on board headed by such persons as Frank, Weiner, Pelosi, Reid and that whole bunch who have no regard for U.S. citizens or bankrupting the entire U.S.

When people will we wake up? Please open your eyes and ears.

Further, existing lawsuits against GM for people who have lost lives and limbs are in jeopardy as this act will dismiss these actions.

Info from: Judge Neopolitano
 
imho, both the Chrysler and GM bankruptcies are being handled illegally to the detriment of creditors as defined and protected in the bankruptcy code.

what should have been done, imo, was separate the assets from the liabilities -- sell the assets to the replacement companies pronto to keep things rolling and sort out who owns what pieces of them later, following the law.

in the case of existing lawsuits and claims -- those are just as necessary, imo, as the warranties that will continue. I'd like to see such a lawsuit in Federal District Court.

and to the extent that the government pushed the courts to permit something that is illegal, that's a taking of private property rights without due process or compensation under the Constitution and should be corrected by forcing the government to stand up for the costs involved.
 
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