What do GM and the Obama administration have in common?  In street vernacular, today’s phrase is “big dicks”.

Allegations are now surfacing that direct threats by the administration were used to cave certain Chrysler creditors into accepting bankruptcy restructuring agreements.  Certain senior creditors who protested their legal position of meriting payment in full before junior creditors and have now filed a motion against the Obamafioso on the reasonable and compelling basis that the government is in violation of the 5th Amendment.

One participant in negotiations said that the administration’s tactic was to present what one described as a  “madman theory of the presidency” in which the President is someone to be feared because he was willing to do anything to get his way. The person said this threat was taken very seriously by his firm.  I take it seriously when the mainstream media – after bashing every move made by President Bush during his presidency – doesn’t consider any of this something worth reporting.

Meantime,  GM’s back in the spotlight as it is again noted they spend some $17 million a year helping its retirees buy Viagra.