Jennifer Rubin writes, “Riding roughshod over the law of the land seems to be the price Obama is willing to pay for ‘change.'”
Ed Morrissey notes that some are fighting back:
If the Obama administration expected the senior creditors of Chrysler to fold their tents under political pressure, they may have gotten a rude shock today. Thomas Lauria, who accused the White House of threatening the creditors withn humiliation at the hands of the White House press corps, has filed a motion to halt the administration’s machinations on behalf of the UAW in the Chrysler bankruptcy. Lauria and his allies claim that the Obama administration has violated the Constitution in their bid to devalue the senior creditors’ holdings on behalf of junior creditors, and have some precedent to support the allegation.
Irwin M. Stelzer adds:
Unfortunately for the president, the ball is now in Judge Arthur Gonzalez’s court, literally. This former New York City school teacher, shaved-head, in-the-office at 6 A.M. jurist sits on Manhattan’s federal bankruptcy court, and already has the nasty and complicated Enron and WorldCom bankruptcies under his belt.