The “Obully Pulpit”?
I like the sound of that.
…The assault on hedge funds, derided by the Bully in Chief as a small band of “speculators” seeking a “bailout”, was more than President Obama’s usual opportunistic populism – it’s a signal of the pernicious effect of the increasingly intrusive federal role in the private sector.
To set the record straight, some investors in Chrysler debt are asserting their legal rights – in fact, their legal obligation to shareholders – by electing to make their case in bankruptcy court.