Comments on: NY judge set to rule on case that could reverse the auto bailout?

By: Marxism is for dummies

Marxism is for dummies — Fri, 07 Dec 2012 01:09:38 +0000

Oh, and if pigs develop wings, rudders and jet engines, they could fly….

By: OldEnglish

OldEnglish — Fri, 07 Dec 2012 00:34:34 +0000

astonerii on December 6, 2012 at 7:27 PM

On specifics, yes. On attitude, before the ink was dry on the Constitution. We have got to revert attitude to the days when a man’s word was his bond. (Yeah, I know …)

By: astonerii

astonerii — Fri, 07 Dec 2012 00:27:55 +0000

True – we are there. Now to get back.

OldEnglish on December 6, 2012 at 6:53 PM

we are only 10% of the way there. But we are in luck, while it took 80 years before the government broke the first boundaries when it attacked the Confederacy, it then took another 30 years before the government made its next power grab with constitutional amendments for income taxes and popular vote for senators. Then 20 years for the next assault on liberty with FDR. Ever since it has been an ever decreasing period of time between assaults on our freedom. So, the luck is that it will only take about 4 to 8 years before it finishes off that last 90%.

By: Wander

Wander — Fri, 07 Dec 2012 00:15:56 +0000

Dang! Next we'll find out Osama is still alive!

By: Count to 10

Count to 10 — Fri, 07 Dec 2012 00:01:01 +0000

That anti-Midus touch…

By: Cindy Munford

Cindy Munford — Thu, 06 Dec 2012 23:54:41 +0000

Wethal on December 6, 2012 at 6:50 PM

Lie only to the taxpayers.

By: OldEnglish

OldEnglish — Thu, 06 Dec 2012 23:53:36 +0000

astonerii on December 6, 2012 at 6:51 PM

True – we are there. Now to get back.

By: Cindy Munford

Cindy Munford — Thu, 06 Dec 2012 23:53:31 +0000

“This has tremendous implications for future of American business and bankruptcy precedent,” he said. “It means more than just GM—this is the rule of law and how creditors are treated in the United States legal system.”

Didn’t the bailout already mistreat a lot of creditors and dealership owners? I guess some are more important than others.

By: astonerii

astonerii — Thu, 06 Dec 2012 23:51:27 +0000

Either way, accepting lawlessness is not my thing.

OldEnglish on December 6, 2012 at 6:49 PM

Going to have to go there though if we are to ever have a reversal back.

By: Wethal

Wethal — Thu, 06 Dec 2012 23:50:17 +0000

This is interesting but regardless of the ruling won’t it be appealed and be in court for a million years? Cindy Munford on December 6, 2012 at 6:34 PM

Yes, there would be likely appeals, but if the hedge funds and GM really did this backroom deal and withheld it from the judge to get his approval, that is serious and hard to justify on appeal. There are provisions in the code of ethics on "candor to the tribunal," that is, don't lie to a judge.