tag:blogger.com,1999:blog-3360697570873499457.post1485640498236709423..comments2023-10-26T06:32:56.972-07:00Comments on Lost in America: Acute Barackobama Acoustic SyndromeA Modest Scriblerhttp://www.blogger.com/profile/07698092153994590787noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3360697570873499457.post-59732745839650964892012-09-10T10:49:56.607-07:002012-09-10T10:49:56.607-07:00Randy, I've written about Obama's relentle...Randy, I've written about Obama's relentless assault on contract law often. Whether it be the GM deal, or Obama's push on mortgage holders to reduce principal and interest on home loans to a wide range of financial matters, Obama will violate any law if it furthers him aims. Are those aims true socialism or does he do this just to pander and garner votes? Still to be fully answered. However, what we do know is that when a society no longer respects contract law, surely chaos ensues and the system breaks down....as does a nation.<br />When everyone who signs a contract is fearful that big government will step in to alter that contract, the nation's commerce is no longer relevant, as are the norms of their society.<br />BHO is the most destructive force this nation has ever known.A Modest Scriblerhttps://www.blogger.com/profile/07698092153994590787noreply@blogger.comtag:blogger.com,1999:blog-3360697570873499457.post-56498185136669073622012-09-10T09:13:40.796-07:002012-09-10T09:13:40.796-07:00Most people don't realize the damage BHO did t...Most people don't realize the damage BHO did to GM bond holders (mostly older retired people) when he decided to unilaterally (and illegally, BTW) alter the typical bankruptcy proceedings and reward his union donors with GM money. These bond holders were at the front of the line of creditors entitled to payment in a bankruptcy action until the Anointed One changed the rules to suit his desires. The bond holders were left with pennies on the dollar, rather than being made almost whole, as they would have been under usual bankruptcy proceedings. So, the union parasites received far more than they were entitled to while those who counted on this money were told "Sorry." BHO had no legal authority to do this, yet no court nor Congress intervened. Reelect him to a second term and expect more of this dictator-like activity from a man who clearly considers himself above the law.TheRandyGuynoreply@blogger.com