What's Wrong with this Picture?
Posted by Hollywood Bob at 7/30/2009 11:58 PM 
Categories: Bankruptcy
Tags: Chyrsler bankruptcy General Motors auto task force
Categories: Bankruptcy
Tags: Chyrsler bankruptcy General Motors auto task force
What's Wrong with this Picture?
I just have one question?
When an individual files for bankruptcy it takes 30 days to be completed. But, yet two large and complicated companies like General Motors and Chrysler can get it done in 40 days.
Now, I don't know about you, but it seems to me that to get it done that fast tells me that something under the table was done because the people that were picked for the "Auto Task Force" new completely nothing about bankruptcy laws better than a standard lawyer. It is the same courts and rules or is it?
The Judges that passed everything in the bankruptcy's so fast and in the governments favor are all "APPOINTED" by the White House and non of them have to run for re-election. So, if you are one of those judges who would you side with, people objecting to the way the bankruptcy laws were not being completely followed or with the people that can take your job away in a minute? I know if I were an "APPOINTED" judge and wanted to keep my job and knew that no matter what decission I made ( favoring the government of course) so I could keep my job, how I would rule on any objections that were being made from people outside of the governments wishes for how the bankruptcy should be whether it sways from the laws or not.
Could it be that the Task Force found some extremely new ways to handle a bankruptcy faster or could it be that they new the government was behind them on any decision they handed down whether some of the bankruptcy laws were being altered or even bypassed to fit into the governments plan? I prefer to believe the later.
The reason I say this is that thousands of people's Health Care was completely canceled and their Pensions turned over to the PBGC where a lot of there pensions were cut by up to 60% or more.
I thought it was President Obama's intention to help people get or keep their 'Health Care'.
I also see where a group from Congress and the Senate want to review the way the bankruptcy's for General Motors and Chrysler were done and have sent a letter to the White House requesting to see all the documents involved, but naturally a law is in the books stating that the White House does not have to honor that request. Why does that not supprise me!!!!!!!!
What happened to Obama's "TRANSPARENCY"?
I have come to the conclusion that there are no differences between the Democrats and the Republicans. It seems like the minute they get to Washington, they get sucked up in the bubble and any law they don't like will be altered to the point where it is now acceptable to them.
Just one man's opinion but, like I said in my first statement.
What's Wrong with this Picture?
I just have one question?
When an individual files for bankruptcy it takes 30 days to be completed. But, yet two large and complicated companies like General Motors and Chrysler can get it done in 40 days.
Now, I don't know about you, but it seems to me that to get it done that fast tells me that something under the table was done because the people that were picked for the "Auto Task Force" new completely nothing about bankruptcy laws better than a standard lawyer. It is the same courts and rules or is it?
The Judges that passed everything in the bankruptcy's so fast and in the governments favor are all "APPOINTED" by the White House and non of them have to run for re-election. So, if you are one of those judges who would you side with, people objecting to the way the bankruptcy laws were not being completely followed or with the people that can take your job away in a minute? I know if I were an "APPOINTED" judge and wanted to keep my job and knew that no matter what decission I made ( favoring the government of course) so I could keep my job, how I would rule on any objections that were being made from people outside of the governments wishes for how the bankruptcy should be whether it sways from the laws or not.
Could it be that the Task Force found some extremely new ways to handle a bankruptcy faster or could it be that they new the government was behind them on any decision they handed down whether some of the bankruptcy laws were being altered or even bypassed to fit into the governments plan? I prefer to believe the later.
The reason I say this is that thousands of people's Health Care was completely canceled and their Pensions turned over to the PBGC where a lot of there pensions were cut by up to 60% or more.
I thought it was President Obama's intention to help people get or keep their 'Health Care'.
I also see where a group from Congress and the Senate want to review the way the bankruptcy's for General Motors and Chrysler were done and have sent a letter to the White House requesting to see all the documents involved, but naturally a law is in the books stating that the White House does not have to honor that request. Why does that not supprise me!!!!!!!!
What happened to Obama's "TRANSPARENCY"?
I have come to the conclusion that there are no differences between the Democrats and the Republicans. It seems like the minute they get to Washington, they get sucked up in the bubble and any law they don't like will be altered to the point where it is now acceptable to them.
Just one man's opinion but, like I said in my first statement.
What's Wrong with this Picture?
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