“They said, ‘Set aside the rule of law, let’s strip secured creditors, bondholders, of their rights. Take them away outside of the bankruptcy process and give them to the political cronies and the auto workers’ unions,” Rep. Eric Cantor, R-Va., said in an interview with The Associated Press.”
“It’s almost like looking at Putin’s Russia,” added Cantor, the GOP’s House whip. ‘You want to reward your political friends at the expense of the certainty of law?'”
Does dear Eric read this blog? If not, he should!