WHO threatens bond holders of Chrysler - Page 2 - Big Big Forums

mikej · 05-04-2009, 07:44 PM

Realistically speaking, I wouldn't get my hopes for a Republican takeover in 2010 too high. Republican approval numbers keep dropping.

I rather doubt that the World Health Organization (WHO) threatened hedge fund managers or bondholders with anything. They were offered a deal; they refused. Now they can stand in line in bankruptcy court.

The awful Option ARMS have not all reset so there's misery ahead there. The banks aren't lending so commercial property owners won't be able to refinance when their balloons come due. And, credit card delinquencies are skyrocketing.

There's no need to "confiscate" gold since Nixon took us off the standard.

SurferGirl · 05-04-2009, 07:45 PM

I called the company that advertises on Glenn Beck, I'll let you know when I get the information in the mail.

SurferGirl · 05-04-2009, 08:04 PM

Quote:

Originally Posted by mikej

Realistically speaking, I wouldn't get my hopes for a Republican takeover in 2010 too high. Republican approval numbers keep dropping.

I rather doubt that the World Health Organization (WHO) threatened hedge fund managers or bondholders with anything. They were offered a deal; they refused. Now they can stand in line in bankruptcy court.

The awful Option ARMS have not all reset so there's misery ahead there. The banks aren't lending so commercial property owners won't be able to refinance when their balloons come due. And, credit card delinquencies are skyrocketing.

There's no need to "confiscate" gold since Nixon took us off the standard.

Mike I got the impression you jumped in again without knowing the facts.
Were you aware that FDR actually confiscated actual gold from individuals.
He made it illegal to own gold.

This is a link that you should read: http://www.strike-the-root.com/colum...chkoreff1.html
I wish we could go back to a gold standard, you might like this linK:http://www.lightparty.com/Economic/GoldStandard.html
This is another link that you might find interesting: http://investment-blog.net/now-a-gold-history-lesson/

anothersta · 05-04-2009, 08:56 PM

Quote:

Originally Posted by mikej

Realistically speaking, I wouldn't get my hopes for a Republican takeover in 2010 too high. Republican approval numbers keep dropping.

I rather doubt that the World Health Organization (WHO) threatened hedge fund managers or bondholders with anything. They were offered a deal; they refused. Now they can stand in line in bankruptcy court.

The awful Option ARMS have not all reset so there's misery ahead there. The banks aren't lending so commercial property owners won't be able to refinance when their balloons come due. And, credit card delinquencies are skyrocketing.

There's no need to "confiscate" gold since Nixon took us off the standard.

WHO = White House Office

But, in the future, if those those initials confuse you, I will use BHO

SurferGirl · 05-04-2009, 11:43 PM

I watch a short clip of BHO talking about this and I think our country is in big trouble.
I guess BHO decides who gets to keep their money and who have to let it get redistributed to others.

Jolie Rouge · 05-05-2009, 05:36 PM

May 5, 2009
“New Allegations Of White House Threats Over Chrysler”

From Business Insider: http://www.businessinsider.com/new-a...chysler-2009-5

Quote:

Creditors to Chrysler describe negotiations with the company and the Obama administration as “a farce,” saying the administration was bent on forcing their hands using hardball tactics and threats.

Conversations with administration officials left them expecting that they would be politically targeted, two participants in the negotiations said.

Although the focus has so been on allegations that the White House threatened Perella Weinberg, sources familiar with the matter say that other firms felt they were threatened as well. None of the sources would agree to speak except on the condition of anonymity, citing fear of political repercussions.

Calm, sober centrism. Not fascism. No. Mustn’t stoop to the level of our political opponents and call fascism fascism. Otherwise we’re no better than they were when they were calling everything decidedly NOT fascism fascism.

Oh. And while we’re at it, stop making the claim that the left is forcing us to cede control of language. Such a claim is perfectly outrageous!

Ahem.

Quote:

The sources, who represent creditors to Chrysler, say they were taken aback by the hardball tactics that the Obama administration employed to cajole them into acquiescing to plans to restructure Chrysler. One person described the administration as the most shocking “end justifies the means” group they have ever encountered. Another characterized Obama was “the most dangerous smooth talker on the planet- and I knew Kissinger.”

Both were voters for Obama in the last election.

And?

Hey, fellas. He won.

Ends justifying the means is part and parcel of the leftism you voted for.

Perhaps you didn’t care when that mindset was only marshaled in the service of getting elected, but how could you not see that it would spill over into every other thing the man plans to do, from reorganizing the control over car companies in favor of labor, to signaling that he will nominate judges, under the rubric of pragmatism, that will follow the same intellectual path?

Quote:

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.

The White House has denied the allegation that it threatened Perella Weinberg.

Last week Obama singled out the firms that continue to oppose his plan for Chrysler, saying he would not stand with them. Perella Weinberg says it was convinced to support the plan by this stark drawing of a line between firms that have the president’s backing and those that did not. They didn’t want to be on the wrong side of Obama. Privately, administration officials have expressed confidence that other firms will switch sides for this reason.

These allegations add to the picture of an administration willing to use intimidation to win over support for its Chrysler plans–and then categorically deny it.

— Which, that’s hardly a bad strategy when you can count on an obsequious press not only to guard your flank, but to act as your forward attack dogs, as well.

Thank god for the free press protecting us from the powerful, is all I have to say.

Really. Relax, folks. Olbermann’s got your backs

http://proteinwisdom.com/?p=14825

gmyers · 05-05-2009, 06:11 PM

I saw on Fox this morning that they said theres no proof that they threatened them. The news man said usually when someone says theres no proof it happened, that it did happen but they know you can't prove it.. I really don't like having a president that threatens people to get what he wants done. To me thats like what mafia does not the president of the United States.

mikej · 05-05-2009, 07:33 PM

Quote:

Originally Posted by anothersta

WHO = White House Office

But, in the future, if those those initials confuse you, I will use BHO

WHO is not commonly used as an acronym for anything but the World Health Organization.

anothersta · 05-05-2009, 07:42 PM

Quote:

Originally Posted by gmyers

I saw on Fox this morning that they said theres no proof that they threatened them. The news man said usually when someone says theres no proof it happened, that it did happen but they know you can't prove it.. I really don't like having a president that threatens people to get what he wants done. To me thats like what mafia does not the president of the United States.

And when he's not personally threatening them, he's waving their names in front of Americans, then rounding up his mobs to go terrorize those people.

He told the bankers at that meeting "Gentlemen, I'm the only thing between you and pitchforks."

Sounds like the mob to me........

mikej · 05-05-2009, 07:56 PM

Quote:

Originally Posted by gmyers

I saw on Fox this morning that they said theres no proof that they threatened them. The news man said usually when someone says theres no proof it happened, that it did happen but they know you can't prove it.. I really don't like having a president that threatens people to get what he wants done. To me thats like what mafia does not the president of the United States.

The only actual parties in the room have said that it never happened. Lauria now won't talk about it. This makes Obama a mafia thug.

I'll give you credit for one thing; you sure don't let facts get in the way.

pepperpot · 05-05-2009, 08:05 PM

Quote:

Originally Posted by mikej

The only actual parties in the room have said that it never happened. Lauria now won't talk about it. This makes Obama a mafia thug.

I'll give you credit for one thing; you sure don't let facts get in the way.

I think this might, "I won, I trump".