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May 05, 2009

Quote of the Day

The President's attempted diktat takes money from bondholders and gives it to a labor union that delivers money and votes for him. Why is he not calling on his party to "sacrifice" some campaign contributions, and votes, for the greater good? Shaking down lenders for the benefit of political donors is recycled corruption and abuse of power.
I hope he doesn't pay too dearly for this...

...because you KNOW he's gonna pay.

Posted by tree hugging sister at May 5, 2009 06:12 PM

Comments

He'll pay. He should not have to, but Obama is turning America into a banana republic, so Mr. Asness will pay.

Posted by: JeffS at May 5, 2009 07:35 PM

It's the Chicago way of business on a national level.

Somewhere in the great beyond Al Capone is jealous.

Posted by: Gunslinger at May 5, 2009 08:56 PM

With the news that we're going to get an eight percent stake in Chrysler instead of being paid back over $7 billion of taxpayer money the hedgies that resisted are looking like heroes.


Posted by: Retread at May 6, 2009 07:45 AM