tag:blogger.com,1999:blog-8475986.post2330424863126006016..comments2024-03-21T05:29:07.463-04:00Comments on THE ASTUTE BLOGGERS: AT THIS POINT, THERE IS NO DIFFERENCE BETWEEN BARRY OBAMA AND THE LATE HUGO CHAVEZ Unknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8475986.post-91542303210784199702014-02-11T13:31:38.926-05:002014-02-11T13:31:38.926-05:00nope: it was never done before. it was illegal/sup...nope: it was never done before. it was illegal/supra-legal. they violated established bankruptcy law. to aid the uaw. a key part of the political machine that elected/reelected obama.Reliapundithttps://www.blogger.com/profile/12942299527008194753noreply@blogger.comtag:blogger.com,1999:blog-8475986.post-4193036247969593252014-02-11T10:10:45.092-05:002014-02-11T10:10:45.092-05:00True, but that has been done before, has it not? I...True, but that has been done before, has it not? In fact, didn't Reagan do that?<br /><br />Here's the thing with Obamacare: The guaranteed return on bad policies is, in effect, a government takeover of the Insurance companies. When the companies are dependent on the government for profit, the companies will do what they have to do to please the government, not their shareholders, or their customers. Pastoriushttps://www.blogger.com/profile/03169561459129778670noreply@blogger.comtag:blogger.com,1999:blog-8475986.post-69348556146273150182014-02-10T22:23:25.654-05:002014-02-10T22:23:25.654-05:00IN EFFECT, HE ABROGATED ESTABLISHED BANKRUPTCY LAW...IN EFFECT, HE ABROGATED ESTABLISHED BANKRUPTCY LAW AND SEIZED GM FROM THE BONDHOLDERS AND SHAREHOLDERS AND GAVE IT TO THE UAW.<br /><br />WE LOST $11 BILLION IN IT.Reliapundithttps://www.blogger.com/profile/12942299527008194753noreply@blogger.comtag:blogger.com,1999:blog-8475986.post-71900149408604882182014-02-10T22:06:11.527-05:002014-02-10T22:06:11.527-05:00He hasn't LITERALLY seized companies. But basi...He hasn't LITERALLY seized companies. But basically, Obamacare gives companies little choice over how they will proceed, almost as if outright seizure might be the better choice.Pastoriushttps://www.blogger.com/profile/03169561459129778670noreply@blogger.com