Did you know that the federal government used the bankruptcy of two auto companies to transfer money that belonged to debt holders such as pension funds and paid it to friendly labor unions? This greatly increased uncertainty about creditor rights under bankruptcy law.
The government gives money to unions who in turn donate much of that money back to the politicians who gave them the money.
This is not illegal.
(via puddinheadwilson)
I wish I can complain to TUMBLR about you… you cite it as the WSJ when in fact it was an opinion piece. Incredibly misleading.
(Source: wherelibertydwells)
