Matt Salmon: “I appreciate that. When we talk about the rule of law, the rule of law means that it applies equally to everyone. Of…”

“I appreciate that. When we talk about the rule of law, the rule of law means that it applies equally to everyone. Of course, today, we have talked a lot about how within ObamaCare the rule of law does not apply equally to everyone. Some people get waivers. Depending on what kind of company you work for, some companies get waivers. Some unions get waivers. When it comes to individual health care policies, some people get grandfathered and they get to keep their policy, and other people get letters saying their policy is canceled. We have exchanged, in this country, at this point under ObamaCare, the rule of law for the rule of man, where you have nameless, faceless bureaucrats that don't represent anybody and make decisions that change the law for individuals. That's not what was intended by the Founding Fathers. As the gentleman from Florida said, when you think about creditor rights and you think about the bailout for Chrysler, you have different classes of creditors. In the case of the Chrysler bailout, you had secured creditors. That means that in the hierarchy structure, they were superior to the shareholders. They were superior because they were lending the money. They weren't the owners of the company. They had rights that were above the shareholders. In the case of Chrysler, what happened is the President came in, like you said, and they got very involved.…”