Contrary to the Constitution of the United States, and against all law, President Obama is demanding that investors who hold prime stock set aside their first rights to payment in bankruptcy proceedings for Chrysler Corporation.
We're not talking about the wealthy here. Many of these investors are mutual funds, and teachers and municipal employees retirement funds. Large numbers of elderly retired people who are counting on those investments for a minimum retirement will be pushed aside if the Administration gets away with this.
This could be your mother, father, grandmother, grandfather, the elderly and frail woman next door. This will affect your children's future retirement options.
Protest, now, and often the roughshod way that your rights, the rigths of your friends and family, your children, are being pushed aside in a mad ruch to make all people equally poor, and equally in poor health.
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Friday, May 1, 2009
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