Chrysler and coercion

By Michelle Malkin  •  May 4, 2009 09:46 AM

Over the weekend, news broke about the Obama administration’s reported threats against an investment firm that opposed its union-friendly Chrysler bankruptcy plan.

Tom Lauria represents a few of the non-TARP Chrysler creditors. He reported the threats on WJR radio host Frank Beckmann’s radio show in Detroit:

Zero Hedge summarizes and surmises:

In an interview of momentous importance, WJR’s Frank Beckmann interviews Tom Lauria, the Head of Restructuring at top five law firm White & Case, in which the lawyer, who represents Chrysler hold-out hedge funds Stairway Capital and Oppenheimer Funds, discusses on the record the amazing treatment by the White House of Perella Weinberg, which initially had been a transaction hold out but after threats by the White House (not my words) was forced to drop their objection and go with the administration. Says Lauria:

“One of my clients was directly threatened by the White House and in essence compelled to withdraw its opposition to the deal under threat that the full force of the White House press corps would destroy its reputation if it continued to fight…That was Perella Weinberg.”

…The full interview with Tom Lauria below is a must hear for everyone as it discloses not only the administration’s strong arming tactics in black and white, but also discloses some other critical facts that the president on his regular TV appearances has failed to mention such as:

- First lien holders were willing to accept a 50% discount on their positions, however the 71% demanded by the administration was seen as too much.
- The cash going to Junior claims (creditors below the first liens) will be between $10 and $20 billion, a number which in practice should satisfy a par recovery for the 1st liens if the Absolute Priority Rule was actually withheld.
- Among the creditors are not just vulturous hedge funds but “pensioners, teachers, credit unions, college endowments, retirement plans, and personal retirement accounts.”

In conclusion, Lauria summarizes the developing Chryslerf#%k best:

“The President is trying to abrogate contractual rights; if he will attack that contractual right, what right will he not attack?”

The only surprise is that anyone is surprised. The coercion cow has been out of the barn for a while now.

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Comments


  1. #101
    On May 4th, 2009 at 11:45 am, bansharia said:

    cheap shoe friday and earings under 600 buck fridays

  2. #102
    On May 4th, 2009 at 11:46 am, bansharia said:

    Rags,
    You have not offended me in the least.

  3. #103
    On May 4th, 2009 at 11:50 am, bansharia said:

    Jeff,
    obambi and rahm and axelrod and the rest of them are thugs breaking every law they stumble across it has been said over and over again.
    they have threatened:
    AIG
    other dims
    Israel
    Veterans
    Americans ( vs those who just live here )
    every European country
    Banks
    Pension funds
    Auto makers
    the list is growing by the minute

    When obambi said he would give justice to afrocentric blacks this is what he meant. ops not PC but it is what it is

  4. #104
    On May 4th, 2009 at 11:52 am, granite said:

    On May 4th, 2009 at 11:43 am, Ragspierre said:

    Don’t bother responding, Rags.

    Your interlocutor has let slip some sneering, wise-ass, noncontributory comments…sort of like a bomb-thrower behind cover…hmmm…rather well disguised, including the blogname.

  5. #105
    On May 4th, 2009 at 11:55 am, Teddy Kennedy said:

    Errah the new 2009 Chrysler Coercion comes with a broken compass, a backseat driver and fine corinthian leather.

  6. #106
    On May 4th, 2009 at 11:57 am, Ragspierre said:

    Well, I am only confused.

    Bans may be active on other blogs, and have heard all this before.

    I limit myself to this blog, and still spend more time here than I can afford.

    So, a lot of this is news to me, and my views novel in my environment.

    I also don’t do this enough to know blog etiquette, so I could offend inadvertently by repeating something.

    Still, we do learn by repetition…

  7. #107
    On May 4th, 2009 at 11:59 am, love2rumba said:

    Well, perhaps some of the dipstick Wall Streeters who voted for Obama are now having second thoughts…

  8. #108
    On May 4th, 2009 at 12:00 pm, happyscrapper said:

    I am sure MM is a big girl and can handle my opinion.

    Bans…yes, she can handle it. And I too would love more stuff to comment on over the weekends. If nothing else, an open thread would be nice. She used to do that, but the last few weeks we haven’t gotten one! I was just wondering if you expect her to work weekends too. If so, maybe you should e-mail her and tell her directly how you feel about it. Of course, you are always welcome to express your opinion here too…but I’m not sure she reads all the comments on her blogs. Maybe she would be more apt to read her e-mail. I don’t know…just a thought.

  9. #109
    On May 4th, 2009 at 12:00 pm, Debbie Schlussel said:

    Ah, Frank Beckmann, the pro-HAMAS, pro-CAIR, pro-Imad Hamad butt-kisser and complete ignoramus, who said on his show that he didn’t know who John Maynard “KEENZZZ” was. Can’t trust anything heard on that show. Period. This is the same guy who wrote a column saying we should allow Dubai to run our ports because the Third World republic of the Detroit City Council made Dubai Detroit’s sister city. Like I said, you can’t trust anyone or anything on that show. It’s simply not trustworthy.

  10. #110
    On May 4th, 2009 at 12:02 pm, happyscrapper said:

    On May 4th, 2009 at 11:41 am, bansharia said:
    Rags,
    I shall repat myself for your benefit:
    this is old news MM is mailing it in.
    capiche?

    First I heard of any of this was on Fox and Friends this morning!

  11. #111
    On May 4th, 2009 at 12:05 pm, Cosmo said:

    Since when do contracts mean anything to this White House?

  12. #112
    On May 4th, 2009 at 12:10 pm, Pasadena Phil said:

    There have been a few comments here this subject could have been discussed this week end. It was. Below is comment #4 to Michelle’s Saturday thread

    On May 2nd, 2009 at 1:54 pm, Pasadena Phil said:

    There is PLENTY to discuss this weekend.

    For instance, Chrysler. Yesterday’s Chrysler bankruptcy is one of those watershed events that undermines contract law and may very well undermine the ability of banks, businesses and individuals to borrow money. Read Powerline’s take.

    It is no accident that at a time when the effective borrowing rate for banks is -5%, yes I did say minus, they are very reluctant to lend money. Why should they? Collateral means nothing when contracts are no longer backed by our courts unless they further a political need. So why would anyone sign a contract anymore if it doesn’t have the rule of law behind it?

    Welcome to Obama’s tree house government. Read the sign: “No grownups allowed!”

    John Hinderaker at Powerlineblog has been covering this in great detail.

  13. #113
    On May 4th, 2009 at 12:17 pm, chapoutier said:

    WJR’s Frank Beckmann interviews Tom Lauria, the Head of Restructuring at top five law firm White & Case

    This is OT, but White and Case is hardly one of the top five most prestigious law firms. You only have to be 62% evil to work there (as opposed to Cravath, Swain and Moore which requires a 3.8 GPA and 87% evil form its summer associate candidates).

  14. #114
    On May 4th, 2009 at 12:19 pm, hawkeye54 said:

    Since when do contracts mean anything to this White House?

    “Contracts?? I don’t need no stinkin’ contracts!!! I won! I am TEH ONE! YOU will submit to ME!”, sayeth Obamessiah.

  15. #115
    On May 4th, 2009 at 12:22 pm, RedDog said:

    As I have been saying for the last 3 months: The federal government is now an ongoing single party criminal enterprise at war with the United States of America. This is as bad as it gets. Individual states will have to collaborate in a strategy to shut this racket down, but it better happen soon or we are cooked. The Chinese are already running away from our Treasuries. When communists recognize the folly of American-style socialism, you know thinngs are bad.

    I wonder if there is any hope of an awakening in the national media. Without press support, any effective opposition is nigh unto impossible.

  16. #116
    On May 4th, 2009 at 12:22 pm, Mach1Duck said:

    And just what did the voters expect from a “Community Organizer”? Why is it that a ‘Shake-Down Artist’, Jessie Jackson, would make derigatory comments about another ‘Shake-Down Artist’.

  17. #117
    On May 4th, 2009 at 12:28 pm, Ragspierre said:

    Look, folks…

    This is really dangerous.

    If what we all believe is true, POTUS has committed a crime.

    This is of a piece with the GM take-over.

    Little people…small investors…are the ones getting murdered here.

    This isn’t creeping fascist policy…

    This is galloping fascist policy changing the entire economic landscape of this country.

    Who thinks that capital will throng to America…

    or will it flee from America?

  18. #118
    On May 4th, 2009 at 12:37 pm, On-my-soap-box said:

    .oO(nice to know Michelle has to live to please people on a blog)

  19. #119
    On May 4th, 2009 at 12:40 pm, Pasadena Phil said:

    On May 4th, 2009 at 12:22 pm, Mach1Duck said:

    And just what did the voters expect from a “Community Organizer”? Why is it that a ‘Shake-Down Artist’, Jessie Jackson, would make derigatory comments about another ‘Shake-Down Artist’.

    Because Obama has made Jesse obsolete and according to this AP report, Jesse is now trying to save his franchise by calling on the NAACP to save the auto industry.

  20. #120
    On May 4th, 2009 at 12:54 pm, Ragspierre said:

    I am not, by nature, an alarmist. Rather the opposite, I am an optimist.

    I do not use words carelessly.

    But, if this trajectory goes unbroken, I now believe that we are headed for a depression…perhaps worse than anything in history.

    Can anyone here recite for me reasons that fear is not well-founded?

  21. #121
    On May 4th, 2009 at 1:09 pm, reshas1 said:
  22. #122
    On May 4th, 2009 at 1:14 pm, Ron said:

    Please, will someone just take this administration to court? Please? I cannot believe what is being done is even remotely legal or authorized under the Constitution. If we let him get away with it, can we later prosecute him for violating the Constitution, the way he wants (or Holder wants) to go after lawyers who said enhanced interrogation was illegal?

  23. #123
    On May 4th, 2009 at 1:33 pm, Mister P said:

    To Obama change means going back to the 60s. He is completely out of touch. Maybe we will be lucky and he will eventually get impreached.

  24. #124
    On May 4th, 2009 at 1:38 pm, Paul said:

    I think Obamachev will try to “democratically” impose a dictatorship, ala Hugo Chavez, during his first term.

    When he seeks to change the 22nd amendment, it’s go time.

  25. #125
    On May 4th, 2009 at 1:55 pm, John Deaux said:

    On May 4th, 2009 at 11:55 am, Teddy Kennedy said:
    Errah the new 2009 Chrysler Coercion comes with a broken compass, a backseat driver and fine corinthian leather.

    And a snorkel.

  26. #126
    On May 4th, 2009 at 1:59 pm, On-my-soap-box said:

    On May 4th, 2009 at 11:55 am, Teddy Kennedy said:
    Errah the new 2009 Chrysler Coercion comes with a broken compass, a backseat driver and fine corinthian leather.

    Hey Teddy!!!

    No way the liberals are gunna piss off PETA.

  27. #127
    On May 4th, 2009 at 2:08 pm, rightisright said:

    I fully expect that he’ll steal the next election (through ACORN voter fraud…plus 20 million illegal aliens who will by then have citizenship and the right to vote–and who will vote mostly Democratic).

    Once he steals the next election…in his second term he’ll start the moves to repeal the admendment that gives Presidents term limits.

    This is my nightmare scenario…and one that’s not impossible.

    If and when this takes place, one had best be well stocked with food, weapons, ammo, shelter and friends he can rely on.

    It’s going to get ugly folks, really ugly…the retaking of a Free America is in the future.

  28. #128
    On May 4th, 2009 at 2:09 pm, Paul said:

    Wait till the public learns that Fiat built the Yugo, just the kind of clown car Obamachev has in mind for Americans.

  29. #129
    On May 4th, 2009 at 2:13 pm, MarcoPolo said:

    OH my Gosh! It’s not like MM is the only blog on the internet. Sheesh! SHe lists a source practically every time she posts! If she’s too busy to keep you informed, try checking out one or two of the thousands of other sites she’s referred to in the past. I like open threads too, but I didn’t have spasms because there was not one this week. Maybe she didn’t have a moderator available to babysit? There could be a hundred reasons.

    In any event if you’re bored, here is a good post on the Chrysler bankruptcy. It has links to 3 or 4 other articles, all of which deserve a read.

  30. #130
    On May 4th, 2009 at 2:14 pm, MarcoPolo said:
  31. #131
    On May 4th, 2009 at 2:17 pm, EWTHeckman said:

    There is one thing in Mr. Lauria’s statements that has been bothering me. To whit:

    - First lien holders were willing to accept a 50% discount on their positions, however the 71% demanded by the administration was seen as too much.
    - The cash going to Junior claims (creditors below the first liens) will be between $10 and $20 billion, a number which in practice should satisfy a par recovery for the 1st liens if the Absolute Priority Rule was actually withheld.

    What I noticed here was two completely different units of measure, specifically, 29% compared to $10-20 billion dollars. How do these two numbers relate to each other? I have no idea. Maybe Mr. Lauria’s clients are getting $100 billion even with this deal, or maybe they’re not getting anything near what they should. But by providing numbers which have absolutely no relationship to each other without background information which isn’t provided, he gives us a completely meaningless comparison.

    That alone makes me distrust his claims.

    So how about that background information? Does anyone know what the “junior creditors” are getting percentage-wise? 10 percent? 95 percent? Or how much are Mr. Laurie’s clients getting in total? $10 billion? More? Less?

    I imagine that there is a (relatively) standard formula about how funds are to be disbursed in situations like this, specifically relating to the right of first payment. Does anyone know what the bankruptcy rules are? And how does the Obama administration’s offer stack up in comparison to these rules?

  32. #132
    On May 4th, 2009 at 2:18 pm, happyscrapper said:

    On May 4th, 2009 at 2:13 pm, MarcoPolo said:

    I agree. We shouldn’t criticize our hostess who is very kindly allowing us to post our opinions and have a great forum for our venting. I don’t expect her to work on weekends…she has a family after all. A weekend open thread would be nice, and probably pretty easy for her to open up. But if she doesn’t…that’s fine. The weather here in Minnesota is gorgeous and I need to be out in my garden, etc. anyway…so having my computer attached to my hip is a bit cumbersome!

  33. #133
    On May 4th, 2009 at 2:19 pm, lgm said:

    Flyoverman said:

    Give us the name of one enemy prisoner who has been killed,

    Use the Google. Here’s the first hit:

    Beginning in 2004, accounts of physical, psychological, and sexual abuse, including torture, sodomy[1] and homicide[2] of prisoners held in the Abu Ghraib prison..

    What a well trained chorus of conbots threading today. MM serves up a dubious post based on the word of a party to a contract dispute. But credential him as a wingnut and suddenly there are thousands of tea drinking crickets chirping on his behalf. Guys, this is a default contract dispute, not a political issue.

  34. #134
    On May 4th, 2009 at 2:23 pm, AlohaGuy said:

    Wait till the public learns that Fiat built the Yugo, just the kind of clown car Obamachev has in mind for Americans.

    Don’t worry, they make a nice mini-van;)

  35. #135
    On May 4th, 2009 at 2:26 pm, On-my-soap-box said:

    On May 4th, 2009 at 2:19 pm, lgm said:

    Beginning in 2004, accounts of physical, psychological, and sexual abuse, including torture, sodomy[1] and homicide[2] of prisoners held in the Abu Ghraib prison..

    …and how many of these enemy combatants killed out fine men and women? I bet more than two.

    Conbots? Beats being a libtard who can only quote smart liberals or talking points.

  36. #136
    On May 4th, 2009 at 2:28 pm, On-my-soap-box said:

    P.S. Idiot. How many lives were saved by enhanced interrogation? I guess Obama will never let you know. The rest of us have a clue. We care about out troops and citizens. You care about water in someone’s nose. Good for you. Take the high road.

  37. #137
    On May 4th, 2009 at 2:29 pm, rowsdower said:

    I’ve figured out the deal on this lgm clown.He’s the majority stockholder in a scroll wheel manufacturer.

  38. #138
    On May 4th, 2009 at 2:29 pm, John Deaux said:

    On May 4th, 2009 at 2:18 pm, happyscrapper said:
    The weather here in Minnesota is gorgeous and I need to be out in my garden…

    Hmmm. Mystery writer. Likes to garden.

    You’re Jessica Fletcher!

  39. #139
    On May 4th, 2009 at 2:35 pm, On-my-soap-box said:

    On May 4th, 2009 at 2:23 pm, AlohaGuy said:
    Don’t worry, they make a nice mini-van…

    …derned thing only turns left though…

  40. #140
    On May 4th, 2009 at 2:36 pm, Ragspierre said:

    EWTHeckman #131

    That gave me pause, too.

    So, I read the second stanza more carefully.

    The cash going to Junior claims (creditors below the first liens) will be between $10 and $20 billion, a number which in practice should satisfy a par recovery for the 1st liens if the Absolute Priority Rule was actually withheld.

    What it says is that the amount (10 to 20 billion) that appears to be going to unsecured creditors (i.e., the unions) would cover the par amount (the proper debt owed the secured creditors) if the rules of bankruptcy were upheld (I think that is a misquote).

    Under bankruptcy, generally secured creditors receive either 100% of their secured interest, or the corpus (thing) in which they hold an interest. This is why most individuals with a mortgage cannot discharge it in bankruptcy. Generally, they “reaffirm” their mortgage so it continues unaffected by the bankruptcy.

  41. #141
    On May 4th, 2009 at 2:37 pm, NJ-Aviator said:

    Tom Lauria’s story is plausible, to say the least.

    I find it not surprising at all that the Obama Administration would deny it. What would they say otherwise? “Oh sure. We did that. Please prosecute us now.”

    And that the firm Perella Weinberg Partners would deny it certainly makes intuitive sense. If they were threatened by the Obama Administration in the meeting with Tom Lauria, the O Administration would no doubt have no problem with threatening retaliation should the firm admit this publicly.

    Clearly, it is a documented fact that the Obama Administration has threatened firms and individuals as it remakes the banking system and business in general in the image it sees fit.

    I surely hope someone in the Justice Dept takes this matter seriously and pursues it.

  42. #142
    On May 4th, 2009 at 2:39 pm, WarEagle82 said:

    The one thing we can be sure of. This is theft plain and simple. And it will happen more frequently and more egregiously in the future.

    I wonder how long my Ford stock will be worth anything? I wonder how long ANY of my stocks will be worth anything?

    Obama basically owns everything from this point forward.

  43. #143
    On May 4th, 2009 at 2:42 pm, Ragspierre said:

    Something that amuses me when I see it here.

    A lot of you expect law firms and big businesses to act with courage in the face of threats by government.

    When did you see that happen last?

    Firms and big businesses are responsible to their own constituencies. They have no incentive to be courageous. They have incentives to survive, and non-controversial.

    You can’t expect dogs to meow.

  44. #144
    On May 4th, 2009 at 2:45 pm, bjc said:

    *People will wise up to P-BO and his Clown Cluster probably before Labor Day; This accumulated march towards socialism/marxism will get the folks to perk up their ears, then the tide will turn.
    *Chrysler is still DOA when it exits bankrupcy; Ford and the transplants will rule, as people will not reward the UAW and Ron Middlefinger for their part in blowing up creditors contractual rights; And besides, people are not interested in the puddle jumpers Fiat has in mind for the North American market.

  45. #145
    On May 4th, 2009 at 2:53 pm, NJ-Aviator said:

    Ragspierre said:

    Something that amuses me when I see it here.

    A lot of you expect law firms and big businesses to act with courage in the face of threats by government.

    Well, it seems one person acted with courage…Tom Lauria… and it seems to have cost him his job if I understood the accounts above correctly.

    As for the firms involved and most individuals, I think it’s safe to say we expect most of them to cover their asses. But we -hope- that some will act with their conscience, speak the truth and do what’s right.

    As for the President of the United States? This is a disgrace to the office. A complete disgrace.

  46. #146
    On May 4th, 2009 at 3:02 pm, Ragspierre said:

    Well, it seems one person acted with courage…Tom Lauria… and it seems to have cost him his job if I understood the accounts above correctly.

    As for the firms involved and most individuals, I think it’s safe to say we expect most of them to cover their asses. But we -hope- that some will act with their conscience, speak the truth and do what’s right.

    As for the President of the United States? This is a disgrace to the office. A complete disgrace.

    I agree. Totally. Watch what the MSM does to Lauria, who I understand was an Obama supporter.

    You can actually have people speaking truth to power without crushing them.

  47. #147
    On May 4th, 2009 at 3:14 pm, MarcoPolo said:

    On May 4th, 2009 at 2:18 pm, happyscrapper said:

    But if she doesn’t…that’s fine. The weather here in Minnesota is gorgeous and I need to be out in my garden, etc. anyway…so having my computer attached to my hip is a bit cumbersome!

    Heh. I removed a blurb I wrote about actually getting a new garden tilled up over the weekend.

  48. #148
    On May 4th, 2009 at 3:18 pm, RabbidSquirrel said:

    Coercion…. please….

    I want my High School Sports Coaches drawn up on TORTURE CHARGES!!!!!

    From Ann Coulter:

    As described in horrifying detail in the Justice Department memo, the “attention grasp” consisted of:

    “(G)rasping the individual with both hands, one hand on each side of the collar opening, in a controlled and quick motion. In the same motion as the grasp, the individual is drawn toward the interrogator.”

    Acts like that happened almost EVERY Day of every sports season. One kid got nailed in the gonads so hard by a coach, he developed 2 grapefruits. (no kidding there). We were subjected to extreme temperatures and water/food deprivation. None of us were ever allowed to call our parents or lawyers. The coaches could hit us with a paddle when ever they wanted. I got smacked by one just by walking in the front door of the school late one morning, just because my ride had woken up late. I wasnt even driving (or in HIS class!) !

    I want my youth and dignity back! Oh wait, nevermind… that was called fun in those days. :lol:

  49. #149
    On May 4th, 2009 at 3:23 pm, sonofdy said:

    Guys, this is a default contract dispute, not a political issue.

    LGM, is correct in that NORMALY this would be a contract dispute. The part he has his head up his butt about is the political part.

    It became poltical when obama nationalised GM.

    As usual LGM is worng and simply repeating what he was told like a good mindless obamabot.

    BTW
    http://arctic.atmos.uiuc.edu/cryosphere/IMAGES/global.daily.ice.area.withtrend.jpg
    Ice still 1% above normal globaly.

  50. #150
    On May 4th, 2009 at 3:28 pm, Flyoverman said:

    On May 4th, 2009 at 2:19 pm, lgm said:
    Beginning in 2004, accounts of physical, psychological, and sexual abuse, including torture, sodomy[1] and homicide[2] of prisoners held in the Abu Ghraib prison..

    You lose……. again.

    That was a crime. Not authorized, not ordered. The section involved was court martialed down to the last soldier. The NCO in charge is in Levenworth, along with three others. The Brigade Commander, Battalion Commander, Company Commander and Company First Sergeant were all formally reprimanded, relived and careers terminated. The battalion operations officers was court martialed for lying to investigators.

    I might add this was reported, investigated, and punishments were all handled within the U.S. Army.

    Further, none of those prisoners sustained any of the potential abuses I outlined. Not one.

    LGM, if that is your criteria for saying Bush is a torturer, get ready to try Obama for murder, because logic tells you that given Obama’s stance on handling POW’s at Gitmo, a whole bunch of enemy fighters are now “fighting to the death” in the field, so they can never return to the fight because of Obama’s ridiculous policies.

    But in the meantime from you, continued silence on the power of the Presidency being potentially used to assasinate the character of a private citizen.

    You got one thing right, this is a contract issue. So you tell us, why the White House is involved in a transaction in the private sector?

  51. #151
    On May 4th, 2009 at 3:40 pm, vargas said:

    NJ-Aviator:

    Pretty sure Lauria didn’t lose him job–I think his firm lost Perella as a client, but there’s nothing to indicate he lost his job.

  52. #152
    On May 4th, 2009 at 3:40 pm, Ragspierre said:

    Guys, this is a default contract dispute, not a political issue.

    Sure. Like Tony Soprano is a capitalist…

    The nut-cutting issue…????

    Coercion

  53. #153
    On May 4th, 2009 at 3:52 pm, WarEagle82 said:

    We are witnessing the very concept of “lex rex” revert back to “rex lex.” Nearly 1000 years of English law is going to be undone by this megalomaniac in his first year!

    What will it take to return the central government to its limited constitutional role? I shudder to think what it may take.

  54. #154
    On May 4th, 2009 at 4:43 pm, happyscrapper said:

    On May 4th, 2009 at 2:18 pm, happyscrapper said:
    The weather here in Minnesota is gorgeous and I need to be out in my garden…

    On May 4th, 2009 at 2:29 pm, John Deaux said:
    Hmmm. Mystery writer. Likes to garden.

    You’re Jessica Fletcher!

    Ha! That’s cute! Actually, I love Murder She Wrote and watch it every chance I get. AND, I am almost as old as she is! Now, if I only lived in a small fishing village…sigh. We just got back from the garden store where we picked up our tomato plants and some herbs. It is sunny and in the 70′s today. Summer is here! Life is good. Now, if I can just avoid seeing the One on TV this evening, it will have been a perfect day.

  55. #155
    On May 4th, 2009 at 4:52 pm, lgm said:

    Shifty. First someone posts that there was no torture — nobody was hurt. Faced with evidence that people died, you retreat to:

    On-my-soap-box (#135):

    …and how many of these enemy combatants killed out fine men and women? I bet more than two.

    and Flyoverman (#150):

    That was a crime. Not authorized, not ordered. The section involved was court martialed down to the last soldier.

    But there’s plenty of evidence that innocents were tortured and that torture was authorized at the highest levels. That’s why some liberals want investigations and prosecutions. Obama is protecting Cheney and Rumsfeld by opposing this. You should be grateful.

    On the Chrysler issue, if someone criticizes Obama, you believe and trust him 100%. Hey, Obama’s a bum — wanna buy a bridge?

  56. #156
    On May 4th, 2009 at 4:53 pm, 24Klady said:

    scrapper – I love Jessica Fletcher as well. Every night I have to banish the “one who lives in his recliner in my living room” to the bedroom so that I can watch her. Good luck with the garden. I dream of fishing villages on the coast – though I’ve only been fishing once in my life and somebody else had to not only bait the hook but agree to disengage the little fishy too.

    For the ones that are unhappy with the lack of Open Threads and such – Emeril had a great line, “hey, get your own show.” Until we start paying MM’s bills we’ll just have to deal with it. I’m hoping it’s a new book! Hint. Hint. ;)

  57. #157
    On May 4th, 2009 at 4:57 pm, Misscheryl said:

    On the Chrysler issue, if someone criticizes Obama, you believe and trust him 100%. Hey, Obama’s a bum — wanna buy a bridge?

    You.Haven’t.Seen.Anything.Yet!

    I would trust almost anyone over that crook Obama…walks like a duck, talks like a duck…it’s a duck.

  58. #158
    On May 4th, 2009 at 4:58 pm, Ragspierre said:

    But there’s plenty of evidence that innocents were tortured and that torture was authorized at the highest levels.

    What innocent was tortured?

    Name the innocent. Name what you are calling “torture”.

    That’s why some liberals want investigations and prosecutions.

    Are the Squeaker of the House and the other Dimocrats fair game, too?

    Yes or no, please.

  59. #159
    On May 4th, 2009 at 5:01 pm, NJ-Aviator said:

    vargas said:

    NJ-Aviator:

    Pretty sure Lauria didn’t lose him job–I think his firm lost Perella as a client, but there’s nothing to indicate he lost his job.

    I wasn’t entirely sure. Seemed like someone mentioned something but I couldn’t find anything that stated what, if anything, happened to his employment.

    Thanks.

  60. #160
    On May 4th, 2009 at 5:03 pm, Ragspierre said:

    I wasn’t entirely sure. Seemed like someone mentioned something but I couldn’t find anything that stated what, if anything, happened to his employment.

    Thanks.

    For trolls, this is called “intellectual integrity”. Give it a try…you will find it very liberating…!!!

  61. #161
    On May 4th, 2009 at 5:10 pm, sonofdy said:

    That’s why some liberals want investigations and prosecutions.

    They want to do this because they hate bush. Nothing more. obama the fraud knows this will split the country more and more so he will wait till he has increased his power as much as possiable.

  62. #162
    On May 4th, 2009 at 5:15 pm, Misscheryl said:

    I believe everything Obama says

  63. #163
    On May 4th, 2009 at 5:35 pm, Ragspierre said:

    I believe everything Obama says

    Oh, me TOO…!!!

    Especially when he contradicts himself…

    or when every piece of empirical evidence screams he’s lying…

    Those are my favs…!!!

  64. #164
    On May 4th, 2009 at 5:49 pm, Flyoverman said:

    LGM said:

    But there’s plenty of evidence that innocents were tortured and that torture was authorized at the highest levels.

    Put up or shut up.

    As I wrote you earlier, putting on ruby slippers, clicking your heels three times times and chanting there’s no place like home will not result in your going to Kansas.

    You STILL have not provided me with ONE NAME, ONE INCIDENT of a person who was killed or maimed or seriously injured due to a lawful order issued even at the equivalent of Army Division level, much less from the White House.

    Sorry, did not happen. Anyone questioned in a manner that was not a crime was questioned under the rules issued by the DOJ. You do not like their legal opinion. TOUGH!.

    If you think it is okay to try people for bad legal decisions as I have mentioned start with the Supreme Court in absentia for the Dred Scott decision. What utter nonsense.

  65. #165
    On May 4th, 2009 at 5:51 pm, Flyoverman said:

    lgm said: On the Chrysler issue, if someone criticizes Obama, you believe and trust him 100%. Hey, Obama’s a bum — wanna buy a bridge?

    No, I do not. However, if a private citizen charges they were threatened directly by the White House, THAT does warrant an inquiry.

  66. #166
    On May 4th, 2009 at 5:54 pm, Ragspierre said:

    Here, lgm….

    Here, lgm….

    Come on, girl…

    Come and answer #158….

  67. #167
    On May 4th, 2009 at 6:52 pm, Ragspierre said:

    I guess a used Dodge pickup is off the table, too. Along with GM.

    Parts issues. Too bad.

  68. #168
    On May 4th, 2009 at 7:17 pm, lgm said:

    Names,

    evidence of higher ups

    None of it matters to you. If it did, you would know all this already. It’s so easy to find. You would just do your own googling rather than goading me. Read Andrew Sullivan. He writes about torture every day. He was a Bushie who was disgusted by torture and now is considered a liberal. Bush hath made liberals of us all, as Hamlet might have said.

    sonofdy said (#161):

    That’s why some liberals want investigations and prosecutions.

    They want to do this because they hate bush.

    You have it backwards, they hate Bush because of things like torture.

  69. #169
    On May 4th, 2009 at 7:59 pm, Ragspierre said:

    “SAN DIEGO, May 26 – Taking the stand at his court-martial, a Navy Seal officer on Thursday denied striking an Iraqi prisoner who later died and said he had been “pressured” into signing a confession in which he admitted hitting the detainee.

    Saying Navy criminal investigators unexpectedly told him last July that they were investigating him for manslaughter, the officer, Lt. Andrew K. Ledford, testified that after an eight-hour interrogation he finally signed the confession. In it, he admitted lightly striking the prisoner, Manadel al-Jamadi, one time on the night of his capture.

    “They wanted hear that I hit al-Jamadi,” Lieutenant Ledford said, adding that he now believed, “That could not possibly have happened on that night.”

    Navy prosecutors contend that Lieutenant Ledford, who commanded the Seal platoon that captured Mr. Jamadi in a violent raid near Baghdad in November 2003, punched the prisoner once at the urging of his subordinates. They also charge that he failed to restrain his men from repeatedly kicking and hitting Mr. Jamadi before he was turned over to Central Intelligence Agency custody. He died several hours later in a shower stall at Abu Ghraib prison.

    A photograph of Mr. Jamadi’s body wrapped in plastic and packed in ice became one of the infamous images to emerge in the prisoner abuse scandal.

    Lieutenant Ledford, 32, is charged with dereliction of duty, assault and battery, making false statements to investigators, and conduct unbecoming an officer. He faces a possible prison term of 11 years and dishonorable discharge from the Navy.

    He is the only American so far to face charges in connection with the episode. The six-member military jury is likely to begin deliberations in the case on Friday after hearing closing statements from lawyers.

    Since the trial began Monday, the prosecution has been hampered by a lack of direct evidence that Lieutenant Ledford joined in or even knew about the abuse.

    The prosecutors have been forced to build their case around the confession Lieutenant Ledford now disavows and on a photograph, taken soon after Mr. Jamadi’s capture, showing the defendant and his men surrounding Mr. Jamadi, who was hooded and bound but still alive, in the back of a Humvee at an Army base. Other photographs taken around the same time show Seals with their guns drawn around Mr. Jamadi, but Lieutenant Ledford is not present in the pictures.

    Several Seals from the platoon have admitted that they hit Mr. Jamadi and poked at him with their rifles. But none have said Lieutenant Ledford joined in the abuse.

    He testified on Thursday that he had left the Humvee where Mr. Jamadi was being held for 20 minutes and returned only when the last photograph was being taken. He said he had not seen anyone hit Mr. Jamadi.

    On cross-examination, a Navy prosecutor, Lt. Cmdr. Brad Appleman, questioned how a veteran Seal officer with combat experience could “somehow” have been coerced into signing an inaccurate confession.

    “I was told I could not leave,” responded Lieutenant Ledford, who said he was eager to get home for a dinner party. He said the questioning was similar to an “interrogation of a terrorist,” like those he had participated in Iraq.

    The Navy investigator who took the July 2004 confession, Special Agent Warren Barrus, admitted in court on Tuesday that he had misled Lieutenant Ledford into thinking several Seals had told investigators that they recalled him joining in the abuse of Mr. Jamadi.

    Initially, Lieutenant Ledford told Mr. Barrus that he could recall touching a different detainee only, and then only to get his attention. Mr. Barrus said that when he showed the lieutenant the photograph of himself and his men surrounding Mr. Jamadi, the officer had appeared “shocked” and eventually agreed to sign the confession.

    On the stand, Lieutenant Ledford said he now believed he had never touched the prisoner or seen other Seals strike him, either.” NY Times

    Lt. Andrew K. Ledford was acquitted after a three-hour deliberation by a military jury.

    I would agree that the CIA guy should have been charged with manslaughter. Not torture. He, if proven guilty, exceeded anything we know was authorized by the DOJ.

    Your “evidence of higher-ups” wasn’t even believed by the courts martial, and did not implicate anyone NEAR the SEC DEF level.

    Your “innocent” was arrested in connection with the bombing of the Red Cross in Iraq.

    Funny you failed to mention that…

    Wanna try again….????

    Oh, and I havta call BS on you. It took you several hours to come up with your weak crap.

  70. #170
    On May 4th, 2009 at 8:04 pm, DBNinKY said:

    Bush hath made liberals of us all, as Hamlet might have said.

    Ah, the play is the thing with liberals, isn’t LGM?

    As long as they can throw around the torture label against President Bush’s legacy, unimpeded by the facts, which the media refuses to report, that valuable info was obtained from those interrogations or the release of the full transcript VP Cheney called for, they seem to be under the self-righteous illusion that they’ve the moral high ground and the public’s support.

    Well they don’t. Read the latest Gallup and Rasmussen polls. Both make it perfectly – even to liberals – that the public is tired of the Left’s over the top concern of torture and combatant detainees.

    BTW, what’s with all the Hamlet ref’s here lately?

  71. #171
    On May 4th, 2009 at 8:07 pm, DBNinKY said:

    Edit: “Both make it perfectly [clear]- even to liberals – that the public is tired of the Left’s over the top concern[s] of torture and combatant detainees.”

  72. #172
    On May 4th, 2009 at 8:09 pm, Ragspierre said:

    lgm;

    Is waterboarding torture when done to American service personnel?

    If your answer is “no”, please explain fully.

  73. #173
    On May 4th, 2009 at 8:11 pm, DBNinKY said:

    Funny you failed to mention that…

    Liberals also fail to acknowledge that most every detainee upon release, rejoined their terrorist group(s) and resumed attacking both civilian and US military populations.

  74. #174
    On May 4th, 2009 at 8:17 pm, Ragspierre said:

    DBN;

    Actually, I think the total number of former GITMO detainees who have been either released or repatriated for further detention is something over 600.

    If sixty have been found in jihad against the Allies, that would be a recidivism rate that most prison wardens would be proud to have.

  75. #175
    On May 4th, 2009 at 10:10 pm, rightwingrocker said:

    No one is safe from this Arschloch.

    It’s gonna get a while lot worse before it gets any better.

    Be prepared!

    RWR
    http://www.rightwingrocker.com

  76. #176
    On May 4th, 2009 at 11:33 pm, Ragspierre said:

    The Congressional Budget Office predicts that government debt will peak around 54 percent of GDP in 2011.

    But Buffett told CNBC Monday morning that the ratio could surpass 80 percent — unless there are significant spending cuts or tax increases.

    After a testy exchange with Sen. Judd Gregg, who suggested that President Obama’s plans to hike federal spending would only increase the nation’s staggering national debt, Buffett relented by stating that, in the end, the U.S. government simply will do what every other government has done in such circumstances.

    “A country that continuously expands its debt as a percentage of GDP and raises much of the money abroad to finance that, at some point, it’s going to inflate its way out of the burden of that debt,” Buffett said.

  77. #177
    On May 5th, 2009 at 5:18 am, graysonret said:

    The only thing the gov’t hasn’t mentioned yet, is our switch-over to the metric system. I suspect that is coming soon. They’ve dabbled in everything else lately.

  78. #178
    On May 5th, 2009 at 8:24 am, ArizonaNeanderthal said:

    Now we can replace the Pentagon Star on Chrysler and Dodges with the Red Star or perhaps the Crescent and Sword. The Dodge Ram will have a whole new meaning. A switch-over to the metric system? That or the Awqiyyah in keeping with our new mohammedan traditions- Diversity as it were.

    Careful My Friends
    And Always
    Practice Safe
    Right Wing Extremism

  79. #179
    On May 5th, 2009 at 10:05 am, DBNinKY said:

    On May 4th, 2009 at 8:17 pm, Ragspierre said:

    Thank you for correcting me. I was mainly referencing a report WCBS.com posted a while back, that said of seven Gitmo detainees released back to their home countries in 2005, all but one was involved a bombing the resulted in many casualties. It boggles the mind how liberals continue to claim the majority of all detainees are innocent, when we have proof they are not.

  80. #180
    On May 5th, 2009 at 10:29 am, Ragspierre said:

    It boggles the mind how liberals continue to claim the majority of all detainees are innocent, when we have proof they are not.

    Oh, but ALL of them were, doncha know…?

    Darth Chaney turned them to the dark side during their stay at GITMO….!!!!

  81. #181
    On May 5th, 2009 at 1:30 pm, right_on said:

    Bill Clinton: “There is no relationship!”

    I will not raise your taxes to pay for these new programs.”

    Barack H. Obama: “There is no coercion!”

    “Under my proposals, 95% of taxpayers will receive a tax cut.”

    Democrat lexicon necessitates the need to parse words.

  82. #182
    On May 5th, 2009 at 1:48 pm, lgm said:

    DBNinKY said (#179):

    It boggles the mind how liberals continue to claim the majority of all detainees are innocent, when we have proof they are not.

    You have proof, suspicion really, that some of the hundreds released were guilty. Without trials we never will know for sure. More to the point, most people who were detained at Gitmo have been released, presumably because someone thought they were innocent. Statistically speaking, it is likely that most of those remaining also are innocent, given that there never have been any trials.

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