Curiouser and Curiouser.

The Alice in Wonderland reference is so apt for the Obama gang. For some really blatant thuggery see this article on the Chrysler deal.

The private question relates to the current owner of Chrysler, which is Cerberus Capital Management, one of the most powerful, most wealthy, and most feared private equity groups in the world. They easily have access to billions of dollars they could invest in Chrysler. As of a month ago, they had gotten more than $5.5 billion from the feds. The fact that they simply don’t want to invest their own money tells you that Chrysler as a company isn’t worth investing in, and ipso facto the taxpayers are flushing money down the toilet.

But I want to know much more than that. I want to know exactly what consideration will be paid to Cerberus in return for the common stock that will be ceded to Fiat, to the government, and to the UAW. I don’t think they’re cutting losses so much as turning them into gains. The question becomes: are we just bailing out a bunch of politically-connected billionaires? Whenever you get a chance, ask anyone who will listen: Why has President Obama not told us what he plans to give Cerberus in exchange for Chrysler?

I’ll say one thing for Obama winning the election, we’re going to find out more about what’s going on behind the scenes than we ever thought possible and just maybe shining a light on these shadowy merchants will be the beginning of a really big tea party movement. Come on Sarah, you be mum!

[In case the you be mum phrase is a bit obscure this side of the pond it is commonly said in UK to one who is asked to pour the tea from the teapot.]

[Hey, it's late and I'm awful tired!]

Oh yes, do follow the link and read the whole thing.

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