Not to Worry, Everyone in Government does it

Chrysler takeover.....among the many takes:

To those of us who complain that contracts should be enforced, try this one: "Here's a clue for the novices in the room: It's called politics, you fucking morons. Stop being such a bunch of whiny pansies."

Did someone in the White House actually say this? "Who the fuck do you think you're dealing with? We'll have the IRS audit your fund. Every one of your employees. Your investors. Then we will have the Securities and Exchange Commission rip through your books looking for anything and everything and nothing we find to destroy you with." Go here for a first rate post....Malkin too and with TV

Then there is the view (unsupported thus far) that the bond holders are speculators who originally bought the bonds for pennies on the dollar themselves in the hope that they would be rescued by a bankruptcy court.

Late Add: the story that these bonds are held by widows and orphans is suspicious. If you're opening an account to buy bonds do you list "widow" or "orphan" as an occupation? In any case these bonds have been held far too long if originally bought at par. Produce the fucking widows and humiliate the bitches, let's see what happens.