Congress has passed a bill to force GM and Chrysler to restore certain of their relationships with their dealers, thereby honoring their contractual obligations. We applaud this act, because it is the right thing to do. Bankruptcy provides a means for renegotiating, but not dishonoring obligations. There is a fine and subtle distinction. Some obligations must be met in full, even in bankruptcy, as provided by the code. Congress has upheld that precept.
The President disagrees. He and his team are more concerned with saving Chrysler and GM. We deplore his tendency to ride roughshod over the rule of law, even in the name of the common good. Because if the two car companies can't be saved without violating the rule of law, maybe they aren't worth saving.
Our founding fathers knew what they were doing when they created a Congress and Judiciary to balance the powers of an overreaching Executive.