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Resistance with Respect

Polly1 Wrote: Nov 12, 2012 4:22 PM
Ah, but those bondholders who expected bankruptcy law to be respected were all "greedy." Face it, the union loved it. (Except maybe the teachers' union in Indiana, who had some of their retirement funds invested in GM bonds--but frankly, I doubt they noticed.)

Editor’s Note: This column was co-authored by Bob Morrison.

When President Franklin D. Roosevelt was elected to his fourth term, Kansas editor William Allen White, a staunch Republican, wrote: "We who hate your gaudy guts salute you." President Obama: We have never hated your gaudy guts. And we acknowledge that a majority of our fellow citizens of this Great Republic have saluted you and conferred upon you for the second time the office of President of the United States. We thank God that more than 120 million Americans voted in a peaceful and orderly election. That alone is a wonder of...