Worth Noting

The Obully Pulpit

April 30, 2009

In announcing the Chrysler bankruptcy, President Obama launched a broadside attack on creditors who declined to buckle under White House pressure to cut a bad deal.

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.

FULL ARTICLE: http://www.cnbc.com/id/30517825

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