4 hours so far of non stop breaking news coverage of some kook that went off the rails and shot up a museum in DC. I have noticed the last 6 months, when there is nonstop breaking news on TV, something really bad for America is happening in DC. And they want to keep it off the air.
I feel bad for the security guard who was killed. But realistically, people get killed everyday. It is a tragedy, but the world is full of kooks. And this kook is an ex con, with an apparent history of this kind of thing. My prayers go to the security guard and his family.
So, what is really happening in DC, that they want to keep off the networks?
Might it be, that the Supreme Court of these United States, just sided with the government on the Chrysler sale? No big deal you say, but I differ.
The Supreme Court just gave their seal of approval to the governments violation of private contracts, and illegal use of the bankruptcy code. You might think that would make some news.
I might add, everyone seemed concerned that Fiat would back out of the deal if it took to long. Now there is a TIN FOIL HAT theory if I ever heard one.
My understanding is, Fiat isn't putting up one single dollar (or Euro) in this deal. We (the US government) is simply giving them Chrysler. Why would they pull out if it takes a while? They are at no risk of losing anything. And are being given all the assets of Chrysler.
So why the fast track through the bankruptcy Court, and the Supreme Court?
Because Our Dear Leader didn't want the deal they dictated to the shareholders to fall apart. Because it is basically the same deal they have worked out for the GM shareholders.
You remember the American shareholder, don't you. The regular folks who have their retirement money in 401K's and pension plans. And those retirement plans get invested in companies. In this case Chrysler and GM.
And under the government rewriting the bankruptcy code to suit their agenda, those folks, the only ones with real money invested in the companies, now illegally and officially got shafted. And The Supreme Court said that is just fine.
To be fair to the Supreme Court, the decision was left up to Ruth Bader Ginsburg. Should not come as a surprise, as she is a former big shot from the ACLU, and for the conspiracy folks, a former member of the Council on Foreign Relations.
This is a tragically sad day for America, and for the rule of law.
It is known that the White House put pressure on the bankruptcy Judge to speed through their plan. I can only assume they also put pressure on the Hon. Justice Ginsburg to speed it through as well. We will probably never know, but the fact she issued a stay to review the legality of the bankruptcy, and then rushed it through makes me think the worst.
We are a nation of laws, that is what Our Dear Leader keeps saying. I guess he means we are a nation under his law.
And the precedent this sets should scare the hell out of every American. It will have fallout in both the bank lending, and investing sectors. And it will not be good for either.
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