Duplicity
"The only thing worse than a liar is a liar who is also a hypocrite." Tennessee Williams must have been referring to politicians.
One of the latest examples is the way in which President Obama and his acolytes are vilifying and demonizing Chrysler bond holders. It seems that property rights and the rule of law mean very little to Robin Hood and his band of merry redistributionists. Apparently, Obama prefers that they set aside those irritating fiduciary obligations and tow the populist line. Nevermind that the bonds are held in pension funds and other investment vehicles depended upon by thousands of hard-working Americans. And, bankruptcy courts are set up to determine what is most equitable under the law. None of that appears to matter. They're just pawns on Obama's social engineering chess board.
Of course, Team Obama typically explain away these sweeping usurpations of rights as necessary and proper given the very trying times. Funny, I don't remember the same crowd buying that argument from the Bush administration subsequent to 9/11—not counting their quite brief bout with nationalistic fever in the immediate aftermath (one pandemic that never materialized). They hung the Patriot Act around Bush's neck like an albatross, despite the fact it passed the Senate with a rather inconvenient 98 to 1 vote. Clearly, there is no shame in politics.
I guess our economic freedoms aren't quite as important.
The President deserves a lot of credit, though. It has to be exceedingly difficult pulling strings in every nook and cranny of the economy. He's picked more winners than a cigar chomping handicapper at Yonkers on a Saturday afternoon. Here's hoping he hits the trifecta. Right now, it looks like a long shot.
One of the latest examples is the way in which President Obama and his acolytes are vilifying and demonizing Chrysler bond holders. It seems that property rights and the rule of law mean very little to Robin Hood and his band of merry redistributionists. Apparently, Obama prefers that they set aside those irritating fiduciary obligations and tow the populist line. Nevermind that the bonds are held in pension funds and other investment vehicles depended upon by thousands of hard-working Americans. And, bankruptcy courts are set up to determine what is most equitable under the law. None of that appears to matter. They're just pawns on Obama's social engineering chess board.
Of course, Team Obama typically explain away these sweeping usurpations of rights as necessary and proper given the very trying times. Funny, I don't remember the same crowd buying that argument from the Bush administration subsequent to 9/11—not counting their quite brief bout with nationalistic fever in the immediate aftermath (one pandemic that never materialized). They hung the Patriot Act around Bush's neck like an albatross, despite the fact it passed the Senate with a rather inconvenient 98 to 1 vote. Clearly, there is no shame in politics.
I guess our economic freedoms aren't quite as important.
The President deserves a lot of credit, though. It has to be exceedingly difficult pulling strings in every nook and cranny of the economy. He's picked more winners than a cigar chomping handicapper at Yonkers on a Saturday afternoon. Here's hoping he hits the trifecta. Right now, it looks like a long shot.
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