Rick Moran at Rightwing Nuthouse has just an eye-popping post up about how Team Obama is putting the screws to dealers contracted with Chrysler in order to salvage as many jobs as possible for the UAW. Here is a snippet:
. . . This “Letter from a Dodge Dealer” brings home in stark, human terms the cost of Obama’s power grabs . . .
That gun is being held by Obama’s auto team as it struggles to keep as many UAW jobs at Chrysler as possible regardless of whether the businesses involved get hurt. Case in point; George C. Joseph, sole owner of Sunshine Dodge-Isuzu in Melbourne Florida, a business that had been in his family for 35 years, who received the bad news that Chrysler was yanking his dealership agreement as part of their restructuring under the forced bankruptcy of the company ordered by the Obama auto team.
Mr. Joseph says that his dealership was “financially strong” and was seen as having “great respect in the market place and community.” He added, “We have strong local presence and stability.”
This was not enough to save Mr. Joseph or any of the other 788 dealers who are being dropped by the automaker. Beyond that, the “terms” of the break with Chrysler would no doubt have made Al Capone proud. . . .
Do read the entire post. I am not an expert in Bankruptcy Law, though I know that the Bankruptcy Courts can break contracts. This though, given the government involvement, goes into the realm of a government taking. It is scandalous, and just another example that "Lucky Leftie" Obama's moral preening is simply a rhetorical device.