I hope Chrysler and SCOTUS can set this right. When it comes to the using of TARP funds it seems like a gigantic money-laundering scam, really. The government BOUGHT these companies and the right to oversee them with the stimulus money, it was all sleight of hand, IMHO... I hate to see what this will do to Chrysler itself...
If the Congress passes an Unconstitutional Law, and the President signs it, and then SCOTUS rules against the TARP funds altogether, does the US get their money back (meaning the tax payers), or are they going to say it’s all gone?
What about all the other companies who received funds. Would they then owe them back to the government? [I’d love to see ACORN slapped with a bill of a few million dollars that they received.] I’m guessing TARP receiving companies are going to be spending the money as quick as they can now, eh? Seems like that would be a typical reaction...
At least SCOTUS recognizes the importance of overseeing what the Executive Branch is doing in the private affairs of these countries. Can’t see how it is Constitutional for the President to appoint a board of directors, or hire and fire within a company.
Could we possibly be seeing our system work though??? Checks and Balances? Is someone on SCOTUS waking up to the nightmare they are forcing on us, and against the Constitution? I sure hope so...
I hope so, too. I wouldn't have thought that Ginsburg would have been the one to do it. But maybe Bambi is getting a tad too arrogant. Dictators frequently overreach.
Not a snowballs chance in hell.
In a Dictatorship, the law is whatever the Dictator says it is.
Ginsburg is merely playing a game to give the appearance that that the SCOTUS is looking at this objectively.
No way she gives it to the full court.
She is a democrat.