Tuesday, July 21, 2009

Un-Closing the Auto Dealers?

This will be fun to watch.

The House passed a Treasury appropriations bill last week that includes an amendment reversing President Obama on the closure of nearly 800 Chrysler car dealerships and more than 2,000 GM dealerships.

The amendment sponsor was Republican Steve LaTourette of Ohio. 215 Democrats and 4 Republicans voted for the overall package.

The "I Won" twit is very unhappy:

The White House said Wednesday it strongly opposes the measure, arguing it would “set a dangerous precedent, potentially raising legal concerns, to intervene in a closed judicial bankruptcy proceeding on behalf of one particular group.”

Jam it, FIB.

HT: Malkin

1 comment:

Shoebox said...

ha, ha, ha, ha, ha....now he's worried about rasing legal concerns about bankruptcy proceedings? He didn't seem to have any concern as the bondholders got rolled over in both GM and Chrysler's proceedings!