"Are preferential creditors given priority over secured creditors in US bankruptcy proceedings?"

I don't know what a "preferential' creditor is. But employee comp stands behind the securedes.

Interestingly, (as a side note) unpaid payroll taxes can be a personal Board member liability. The government always gets there's.

I see Warren Buffet has weighed in making the same point about the effect on lending I did. I thought that guy might have some promise.

I generally share the skepticism of what an attorney may say to advance the interests of their client. But Tom Lauria is discussing a former client...

He still has clients whose interest it does forward. Anything a lawyer says publicly about a case he is working on should be taken with a shovel of salt. Of course anything a politician says should likewise be taken with a shovel of salt. We are left with a he said, she said situation with a politician and a lawyer edited by a partisan. This leaves us with very little other than our preconceptions to guide us.

Don't really find what you are saying interesting enough to burn much daylight on.

And yet you continue to respond.

A couple weeks ago, you allowed as how you like to argue on the internet. So do I. What you're doing right now, however, isn't arguing. Whenever you decide to start, "text me". You'll get varsity replies when you bring something other than second-rate traveling-squad smack.

In fact, you have presented no counter-arguments at all,

Don't really find what you are saying interesting enough to burn much daylight on. Blah, blah, blah, Obama sucks. Blah, blah, blah, you are all fools and puppets...

Can somebody text me when the varsity shows up?

If you have any facts that are counter my statements, or logical refutation, by all means set me straight. In the meantime, you have nothing at all, as was noted. I stand by my previous assessment of your character.

Non-response from puppet noted

Right Phil, everyone who does not see things just as you do is a puppet/tool/fool... Of course. Well, we wait for you to further dazzle us with you cut & paste skills. Gosh you even have a link to a site were a lawyer says the evil white house threatened his client. Who says wingers don't dig the internets?

You sound like someone who has a lot of anger, a lot of information from biased websites and not a lot of life experience. Here is a hint. 90% of what lawyers say in their public statements is total garbage. It exists only to serve the needs of their client (which they give a damn about as long as they are getting paid, and not one second longer) and to promote the career of the attorney in question.

Run along and chat with the 5 or 6 other remaining members of the GOP. They all hang out on "I hate Obama Island" or wherever you are getting your boilerplate nonsense from...

It is interesting that the right is suddenly alarmed about the need for the rule of law in this country after an 8 year nap.

As far as the "threat" Lauria alleges, it sounds an awful lot like someone told his client that public opinion would not likely be favorable to people who would obstruct a fair deal to save Chrysler. That's not a threat, it is a reality.

Tommy Christopher - member of the White House press corps, dutifully spouting administration talking points while denying that anyone would spout their talking points.

The fairness of the deal is exactly what is being disputed. This country has a legal mechanism for determining what is and isn't fair in bankruptcy proceedings. It isn't the executive branch. It's bankruptcy court.

It isn't "right-wing". The left made the exact same accusations for the first six years of Bush's administration.

Come back when you have, well, anything at all.

If you don't think the WH press corps is enough of a stenographer pool for that, well, you're simply a fool.

Yawn. Come back when you have something beyond stock right wing drivel...

However, your position is fallacious. They don't have to "take marching orders". All they have to do is repeat whatever they're told. If you don't think the WH press corps is enough of a stenographer pool for that, well, you're simply a fool.

under the threat that the full force of the White House Press Corps would destroy its reputation if it continued to fight

Sorry, but this sounds like utter crap. The White House Press Corps does not take marching orders from the administration.