Saturday, May 02, 2009

Obama uses WH press corps as threat against Chrysler investors


An attorney representing several Chrysler bondholders accused the Obama administration of intimidating his clients by issuing threats of public humiliation if they opposed their brokered deal to resolve the automaker's debts.  Speaking to WJR, Thomas Lauria said that the White House called the bondholders "vultures" for insisting on their rights as senior creditors and told them that the Obama administration would use the White House press corps to attack them in the media.  ....

Glenn Reynolds wonders how the White House press corps will feel about being used as an arm of the administration to beat its opposition into submission.  My guess?  Enchanted, with just a couple of exceptions.

I think that in the long run, the Enchantment flu is going to be a serious problem for the health of republic.

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