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May 2, 2024, 4:55 am
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In a normal bankruptcy process, a bankruptcy court has a number of powers at its disposal to ensure that: 1)the emerging companies are financially competitive, 2) creditor interests are protected, and 3) all workers are treated fairly. Obama either abused or ignored all of these powers, always to the benefit of unions, and always to the detriment of taxpayers, non-union workers, and investors.
First, Section 1113 of the Bankruptcy Code empowers courts to rewrite labor contracts to make the surviving companies more competitive. Obama failed to exercise this power. Just ask Obama’s Car Czar Steve Rattner who recently admitted, “We should have asked the UAW to do a bit more. We did not ask any UAW member to take a cut in their pay.â€
Can you get anymore CANDID than that. Imagine...!
What can one expect from anyone writing an editorial for the Washington Examiner? Duhhhhhhhhhhhhhhh!
BBBBBBBBRRRRRRRRAAAAAAAAHAHAHAHAHAHaHa!
Duhhhhhhhhhhhhhhhhhhhhhhhhhhh...!
And that's what the country will look like if they are given the chance to destroy it too.
# posted by scorpio : 8:59 PM
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CARP ?, isn't that the fish that eats all the garbage you people are carrying around.
Now if you had said Red Snapper, or Talapia it may have been a little more believable.
You guys would be great to take on a fishing trip, because all the garbage that all of you spew would make great CHUM...!
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