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1 posted on 06/10/2009 5:57:30 AM PDT by SeekAndFind
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To: SeekAndFind

The very bases of a Banana Republic.

Where the rule of law is whatever the top tyrant says it is.


2 posted on 06/10/2009 6:01:28 AM PDT by DB
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To: SeekAndFind
Dingell,has no problem,taking the retirement funds from common people.......but ask him to take a pay or benefit cut and he'd scream like school girl.

Time to take this country back anyway we can.

3 posted on 06/10/2009 6:02:06 AM PDT by Kakaze (Exterminate Islamofacism and apologize for nothing.....except not doing it sooner!)
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To: SeekAndFind

I wonder how Indiana will vote in the next election. The Republicans should hang this mess around the dems neck and remind the Indiana pensioners of the theft of their retirement by the democrats everyday


4 posted on 06/10/2009 6:06:03 AM PDT by martinidon
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To: SeekAndFind
It should be noted that Chrysler’s unions, unsecured creditors who jumped to the head of the line thanks to White House power play, did not give an inch on their base pay or pension terms. Who would call that shared sacrifice?

Yep, this was no shared sacrifice, it was redistribution from bond-holders to the big unions. The political payback is disgusting and not being reported.

5 posted on 06/10/2009 6:06:07 AM PDT by Always Right (Obama: more arrogant than Bill Clinton, more naive than Jimmy Carter, and more liberal than LBJ.)
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To: SeekAndFind

It suspends belief.


7 posted on 06/10/2009 6:06:24 AM PDT by FourPeas (Why does Professor Presbury's wolfhound, Roy, endeavour to bite him?)
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To: SeekAndFind

Investors are watching this too and should be taking appropriate action.


10 posted on 06/10/2009 6:14:21 AM PDT by Need4Truth (Washington DC is a foreign entity.)
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To: SeekAndFind

http://www.scotusblog.com/wp/wp-content/uploads/2009/06/chrysler-order-6-9-09.pdf

The SCOTUS vacated the stay because the plaintiff could not prove irreparable harm. They *did not* rule on the legal merits of the case. I suspect Indiana will make another run at this when the sale closes and the “harm” is quantifiable and irreparable.


15 posted on 06/10/2009 6:30:12 AM PDT by IamConservative (I'll keep my money. You keep the change.)
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To: SeekAndFind

Well, if I understand correctly, that should pretty much destroy the bond market.


17 posted on 06/10/2009 6:41:11 AM PDT by Sig Sauer P220 (The great object is that every man be armed. - Patrick Henry)
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To: SeekAndFind

24 posted on 06/10/2009 7:36:52 AM PDT by BerryDingle (I know how to deal with communists, I still wear their scars on my back from Hollywood-Ronald Reagan)
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To: SeekAndFind
Dingell attacks pensioners for refusing 'small sacrifice')

So did an "R" from Michigan, sadly. God forbid these idiots should be voted out of office.

27 posted on 06/10/2009 7:58:53 AM PDT by Major Matt Mason (The Democrat Party is a criminal enterprise.)
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