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Old 07-03-2009, 03:20 PM   #11 (permalink)
Drive_Fast
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Join Date: Jun 2009
Posts: 120
Re: Bondholders Argue Over GM Assest Sale

Quote:
Originally Posted by chevyman1973 View Post
i love hearing people complain about the govt moving around the law, but that is what is done everyday in court rooms around this country! As for this sale if its in the law and they say it can be done then whats the problem! Remember these laws were on the books long before GM filled chapter 11!

Dont you people want GM to be around anymore? Dont you understand that the govt is why GM is in this spot! They made it easy for the other auto companies except the big 3 to make it in the us!
thats the problem, the courts can "read" the law to be anything they want... next they can tell us that our right to bear arms means that we have a right to have our right and left "Arms" of our body.... or that we can have a "Bears" arm from the animal. I think we need to rewrite the constitution and make it very specific so none of this garbage continues and get rid of bankruptcy code all of it... rest of the world does not have a bankruptcy code like the usa does.... much tougher...
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