The Supreme Court of The United States of America has betrayed the American people. The very people they have sworn to protect have been viciously betrayed and discarded for political expediency. It is a sad day today in America when the judicial branch, designed to protect and defend the people from those who would seek to impose tyranical power over them, is itself nothing more than a servant to those seeking to "reign" over the American people. It is painfully obvious that the assault on our courts by the socialist movement of the Democrat party has been a sweeping and total victory.
The "little guy" that the left champions itself as the servant and protector of just got screwed, along with the "rule of law" and our Constitution.
U.S. Code. Title 11. Chapter 5. Sub-chapter 1(creditors and claims).506 of the Bankrupcy Laws of The United States of America expressly outlines the order of interest in bankruptcy proceedings. The Imperial Federal Government of The United States of America and the United Auto Workers Union and it's employees, who have NO SECURED INTEREST OR COLLATERAL in Chrysler Corporation, are CLEARLY SUBORDINATE to the secured creditors. These secured creditors include financial instititions with which Chrysler has put up collateral for loans, and the bondholders, which include the State of Indiana's Teachers Union, Police and Firemen's Unions, of which Chrysler also put up collateral for operating resources. This act of collusion between the Executive and Judicial branches of government in order to subvert the Constitutional provisions of the United States for the sole purpose of pandering to the Auto Workers Union, who, by the way contributed over TWENTYFOUR MILLION DOLLARS to the Obama campaign, is completely abhorrant and disgraceful! Even more disgraceful is the way that the "watch dog" media has turned its head and will do NOTHING to protect the American people. I find myself disgusted and almost ashamed to be an American today. It is true that the American citizen has no legal recourse or voice in the machinations of our government any longer. It also is true that the average American citizen finds American Idol, Entertainment Tonight, WWE and it's next six pack more important than the mundane issues of the day such as the erosion of our basic freedoms, the disregard for the rule of law, taxes, or a nuclear Iran and ever more aggressive North Korea. We don't care that Islamic terrorists captured on a foreign battlefield are being given the same rights as an American citizen. Our free fall into socialism (really it's more closely alligned with Fascism, but to explain that would significantly challenge the intellect of the average government educated person of this country), appears to be more the inevitable than just the possible, but who cares? All we want to know is who the celebutard of the day is sleeping with now.
My conclusion....who really cares?
Alright, alright, I'll tell. In Socialism the government owns the businesses and therefore controls them. In Fascism the businesses are still privately owned, but controlled by the government. That's really where we are right now. Obama doesn't want to outright own the businesses of America(yet), He (and the National Socialist/Democrat Party) just want to have complete control over them through TARP loans, laws and government regulations (oversight). Wake up America, here come the new Nazis.