The Protest Of A Patriot

http://www.forbes.com/2009/05/21/barack-obama-banks-protest-opinions-columnists-clifford-asness.html

In the note he circulated this month, Asness denounces the president for castigating Chrysler bondholders when they opposed his plan to pay them only 29 cents on the dollar. "He called them 'speculators' who were 'refusing to sacrifice like everyone else,' " Asness writes. "The president's diktat takes money from bondholders and gives it to a labor union [the UAW] that delivers money and votes for him. Why is he not calling on his party to 'sacrifice' some campaign contributions, and votes, for the greater good?"

"This is America," Asness concludes. "We have a free enterprise system that has worked spectacularly for us for two hundred plus years. When it fails, it fixes itself. Most importantly, it is not an owned lackey of the Oval Office to be scolded for disobedience by the president."