Gangster Government and the Chrysler Fix

Detroit, Mich.

When President Barack Obama announced Chrysler’s Chapter 11 filing on April 30, many auto analysts scoffed at the president’s notion of a “speedy bankruptcy.” But the fix was in.

In an extraordinary abuse of government power, the Obama administration has run roughshod over bankruptcy law, bullied Chrysler investors, and orchestrated a takeover of the Auburn Hills-based automaker by the United Auto Workers union, a key Democratic party constituency that gave $5 million to the Obama campaign in 2008.