No pun intended, but I used to think the day Barack Obama was elected President of the United States would prove to be one of the darkest days in American history. Today it has come true for, truly, America has descended to a state of lawlessness. The lives given during the American Revolution and the very best efforts of the most brilliant minds in the history of mankind to create what was once the most powerful nation in the world appear to have all been in vain.
Today the United States Supreme Court refused to even consider the appeal made by Chrysler bondholders to block the sale of Chrysler to Fiat, an appeal made on the grounds the terms of the sale are unlawful.
The court issued a brief, unsigned opinion explaining its action. To obtain a delay, or stay, someone must show that at least four of the nine justices find that the issue raised is serious enough to warrant hearing a full appeal and that a majority of the court will conclude the lower court decision was wrong.
“The applicants have not carried that burden,” the court said.
I have watched this whole matter closely and I read the appeal sent to the Supreme Court. The questions it raises about the legality of the actions of the United States government, of the Obama administration forcing all parties into a deal that favors junior and unsecured interests over what American law has always considered first-in-line investors during a bankruptcy proceeding, are serious allegations and by refusing to even consider them, the Supreme Court has now given the Obama administration the green light to run roughshod and at will over any and every private sector entity it so chooses to usurp for its own nefarious purposes.
If you were not frightened before, you should be very frightened now. Personally, not only am I afraid, I am heartsick. The housecleaning of mid-term elections in 2010 cannot come soon enough. Somehow, those who still believe in the American dream must find a way to hold fast until real brakes can be put on the fascists who have taken over Washington.
In the meantime, it occurs to me that no matter how much of OUR money the government intends to spend to induce us to buy vehicles from either version of Government Motors (“cash for clunkers“), the best way to show disapproval for this latest Chicago mafia-style move is to buy our next vehicle from Ford. And in every other area of our lives, to vote with our dollars in support of private businesses that are run by real grownups, not children who go crying home to daddy to bail them out when they screw up.
Deb says
*sighs* I can bearly bring myself to read this stuff anymore. I sure wish the American Citizens would wake the hello UP!