Barone: White House Puts UAW Ahead of Property Rights

-Posted by D. Worth (US) | for- M. Barbay (France) and US

White House puts UAW ahead of property rights
Michael Barone
Senior Political Analyst
05/05/09 7:11 PM
Think carefully about what’s happening here. READ more.

Barone writes
"The White House, presumably car czar Steven Rattner and deputy Ron Bloom, is seeking to transfer the property of one group of people to another group that is politically favored. In the process, it is setting aside basic property rights in favor of rewarding the United Auto Workers for the support the union has given the Democratic Party."

"The only possible limit on the White House’s power is the bankruptcy judge, who might not go along."

UPDATE: From Ace:
Judge Okays Chrysler Deal, Despite Fact It's Unconstitutional, Obama Official Admits $7.5 Billion in "Loans" to Chrysler Will Never Be Paid Back READ.

More: Names of Dissenting Bondholders Released.
Chum for Obama's minions.

Michigan politicians of both parties joined Obama in denouncing the holdout bondholders. They point to the sad plight of UAW retirees not getting full payment of the health care benefits the union negotiated with Chrysler. But the plight of the beneficiaries of the pension funds represented by the bondholders is sad too. Ordinarily you would expect these claims to be weighed and determined by the rule of law.

But not apparently in this administration. READ THE REST.

Why are they not covering this story?

Oh, wait... They don't belong to Americans, they're privately retained by the President...

How and why we got here, today..
(Excluding Murdock and a couple of others) the video rings true.

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