Battered Hedge Fund Managers' Syndrome
by Michelle Malkin
Greed is good — until it gets in the way of a union-friendly restructuring deal. President Obama, generous recipient of Wall Street largesse, angrily derided a group of hedge fund managers this week as "speculators." The miffed president suggested that uncooperative firms were selfish for holding out on the government's Chrysler bankruptcy plans and refusing to make "sacrifices" to benefit the United Auto Workers.
The "sacrifices" involved Chrysler d ...
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Posted by: mike s
Comment: #1
Fri May 8, 2009 7:30 AM
REPEAL TH 16TH AMENDMENT.
All red state legislatures should introduce legislation to repeal this amendment. It is beyond comprehension we continue to Tax investment and production. And as a further insult we vilify all those who invest or try to create jobs (small business ).
Labor unions really have their heads twisted around by this liberal, progressive Obama agenda. How can they not realize their ranks will swell if jobs exceeds number of people available for jobs. If we would reduce corporate tax to something around 20%, overseas capitol and profits will fly back into this country. We would not have to borrow a dime from China or Middle East nations. Further, more jobs than people will be created. These jobs will not be government or low paying service industry jobs. They will be manufacturing, industrial and businesses that support them. If we repeal the 16th amendment you can not believe how prosperous we and our children, grand children will be.
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Posted by: bill s
Comment: #2
Sun May 10, 2009 5:30 AM
Kudos to you, Michelle! Here, here!! At some point I too hope for change (insert tounge in cheek) at best these persons need to wake from their long time tolerant induced slumber. Money is not the root of all evil, it is the primary necessity in this material world which we all have created. Well said!
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