More Details On The Chrysler Threats


Photoshop courtesy of  Darlene’s Place

Saw this at Atlas Shrugs, this morning:

The corrupt media lies by omission while propagandizing the ‘public enlightenment’. Goebbels redux. Obama and his goons are perfecting the “Big Lie” technique of propaganda — the principle that a lie, if audacious enough and repeated enough times, will be believed by the masses.

And here is a serious charge made by the financial blog,  FINEM RESPICE, which the MSM is studiously ignoring:

This (as yet unproven) yarn goes exactly like this:

Confronting the head of a non-TARP fund holding Chrysler debt and unwilling to release it for any sum less than that to which it was legally entitled without compelling cause, this country’s “Car Czar” berated the manager of said fund with an outburst of prose substantially resembling this:

Who the f*** do you think you’re dealing with? We’ll have the IRS audit your fund. Every one of your employees. Your investors. Then we will have the Securities and Exchange Commission rip through your books looking for anything and everything and nothing we find to destroy you with.1

Several commentators, including the likes of DealBook erroneously assumed that the confrontation I referred to was merely a second description of the now famous “never happened, seriously” dispute between Steven Rattner and Perella Weinberg.

It was not.

What I failed to make clear was that, unlike the supposed experience of Tom Lauria’s client, the tale of woe that has been passed to me does not have as its agent of malice the White House Press Corps, which, while certainly annoying, lacks a certain killer instinct and terror inducing reputation. Instead, the creditors to which I refer were purportedly threatened with the Securities and Exchange Commission and the Internal Revenue Service. Moreover, the fund whose tale I am privy to is allegedly not the only entity that was subject to such inducements. There are, according to my source, two others.

Of course, in the present climate it would take a rather courageous witness to come forward and confirm these allegations. Let’s hope that comes to pass.

No, scratch that. Let’s hope that the entire thing turns out to be a fabrication. While I doubt this, it would be much easier to sleep if it were.

This is much worse than just siccing the lapdog media on these firms…

The Business Insider asked the White House to respond to some of the the threat stories:

and after three days it has become apparent that they have no plans to respond. The White House has denied earlier charges that it threatened to use the White House press corps to ruin the reputation of a firm that was opposing its Chrysler plans.

By refusing to comment on our subsequent story about additional threats, the White House appears to be backing away from its earlier denial. If the threats weren’t made, why not just repeat the earlier denial? That would be easy enough.

So there you go. A few business rags and blogs are on this, but the MSM are AWOL, as usual, and we are instead treated to stories about  where the Obamas go out for lunch.

Hat tip: Eternity Road

Related rant by BlackIsWhite Imperial Consigliere at Taxes, Stupidity, and Death.

10 thoughts on “More Details On The Chrysler Threats

  1. Pingback: Hold Fast « Taxes, Stupidity, and Death

  2. Louie the leg breaker out of Chicago, now an enforcer for the Dear Leader administration.

    Louie: “Duhhhh…you want that I should crack some Chrysler heads boss?”

    Dear Leader: “Yea Louie, let em know we’re serious”


  3. Love that picture and caption. Wish I had a way to isolate it, enlarge it, and put it on some posterboard for the next tea party.


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