Union bailout

Unfortunately this is another fine example of the chosen one’s administration paying back his supporters at the expense of taxpayers. Not content with wasting billions of dollars on an industry that caused it’s on problems, the government has given control of Chrysler to the group most responsible for its downfall – the UAW. Meanwhile those that invested in the company by purchasing what was supposed to be secured bonds are left holding the bag. As if that were not bad enough the government is attacking the investors that don’t support bending over and grabbing their ankles by calling them vultures and threatening court action against them. Of course their bullying tactics have been successful against companies that saddled up to the federal teat because of the intense political pressure.

For more disgusting details see the article at Bloomberg;


I'm Just Saying - guess it's more change you can believe it!