A few weeks back, when Chrysler bondholders refused to endorse a deal that they felt was disproportionately onerous to their interests, not to mention contrary to bankruptcy law and many years of common business practice, President Obama had no difficulty declaring, "I do not stand with these people." |
"The light of the body is the eye: if therefore thine eye be single, thy whole body shall be full of light." --Jesus
"Sometimes the first duty of intelligent men is the restatement of the obvious" --George Orwell
"The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to function." --F. Scott Fitzgerald