The Power to Regulate is the Power to Destroy
May 07 2009, 19:45 EDT
.. or in the case of the "Car Czar" you can just threaten to destroy even if you don't have the power to regulate. Business Insider reports.
Confronting the head of a non-TARP fund holding Chrysler debt and unwilling to release it for any sum less than that to which it was legally entitled without compelling cause, this country's "Car Czar" berated the manager of said fund with an outburst of prose substantially resembling this:
Who the fuck do you think you're dealing with? We'll have the IRS audit your fund. Every one of your employees. Your investors. Then we will have the Securities and Exchange Commission rip through your books looking for anything and everything and nothing we find to destroy you with.
Smell the Hopenchange.

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