Vail, CO, Colorado
I am disturbed by the statements our president made the other day concerning the Chrysler bankruptcy.
He attacked “speculators” for holding out and “endangering Chrysler’s future.”
This was a business dispute about valuations of different types of Chrysler debt. When the parties could not reach agreement, one group of creditors decided to leave it up to the courts to decide.
The Constitution provides checks and balances in the form of three branches of government.
The president is sworn to protect and defend the Constitution. He should not be criticizing people who are exercising their rights to judicial determination of a dispute just because the government has decided to engage in private enterprise.
I’m afraid we are starting down that slippery slope.
There Marco Odermatt was, in the Birds of Prey finish corral following his gutsy super-G run, wondering just how fast he was. As the second skier on course, and the first to finish, the confusion was understandable.