Bondholders Must Be Respected

"So it seems that the Obama Administration is presiding over the attempted mass rape of GM bondholders in favor of the auto workers.

Pennywise and pound foolish. But then, that's par for the course for a libtard. Minus the pennywise part, anyway.

Bondholders, writ large, will exact a stiff penalty for nonpayment. If bondholders - the owners of our nation's capital - are not respected, things get ugly very fast. Bondholders will simply stop lending money. It ain't hard to figure out."
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