Obama's culture of corruption

Jonah Goldberg:

Some days you have to ask yourself, my God, what if these people were Republicans?

...

But you know what? We ain't seen nothing yet. For starters, the real corruption isn't what the media are ignoring or downplaying as isolated incidents. It's what the media are hailing as bold, inspirational leadership. The White House, as a matter of policy, is rewriting legal contracts, picking winners (mostly labor unions and mortgage defaulters) and singling out losers (evil "speculators") while much of the media continue to ponder whether Obama is better than FDR.

If a Republican administration, staffed with cronies from Goldman Sachs and Citibank, was cutting special deals for its political allies, I suspect we'd be hearing fewer FDR analogies and more nouns ending with the suffix "gate."

Take Obama's "car czar," Steven Rattner. According to ABC's Jake Tapper, Rattner is accused of threatening to use the White House to smear a Chrysler creditor if it refused to back the administration's bankruptcy plan. He's also connected to a massive pension fund scandal involving the investment firm he used to run. One allegation is that conspirators used investments in the low-budget movie "Chooch" to expedite their alleged chicanery. Chooch, by the way, is Italian slang for "jackass," which just happens to be the Democrats' mascot.

More to the point, political corruption is inevitable whenever you give hacks -- of either party -- too much discretion over public funds. Businesses look to Washington for profits instead of to the market. The thing is, this has become the governing philosophy of the Democratic Party, from banking and cars to healthcare and now student loans. The federal government is taking over, and the culture of corruption inevitably trickles down. That in itself should be a scandal. Call it "Choochgate."

The mistreatment of the secured creditors of Chrysler will come back to haunt this administration and will also be reflected in higher cost for borrowers whose secured creditors might also get screwed in the future by Obama manipulation of business deals.

Ed Morrissey has more evidence of threats made by Obama team against secured creditors.

Since they are making these extortionate demands under color of law, they may be in violation of the civl rights laws.