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Supreme Court clears way for sale of CHRYSLER...( Rule of Law ABOLISHED!?)
http://www.drudgereport.com/ ^
| june 9 2009
| drudge
Posted on 06/09/2009 4:28:47 PM PDT by Para-Ord.45
Edited on 06/09/2009 4:38:36 PM PDT by Admin Moderator.
[history]
High court won't block Chrysler sale
WASHINGTON (AP) - The Supreme Court has cleared the way for Chrysler's sale to Fiat, turning down a last-ditch bid by opponents of the deal.
The court said late Tuesday it had rejected a plea to block the sale of most of Chrysler's assets to the Italian automaker. Chrysler, Fiat and the Obama administration had warned that the high court's intervention could have scuttled the sale.
A federal appeals court in New York had earlier approved the sale, but gave opponents until Monday afternoon to try to get the Supreme Court to intervene.
Justice Ruth Bader Ginsburg ordered a temporary delay just before a 4 p.m. deadline on Monday.
Excerpt.
TOPICS: Breaking News; Business/Economy; Constitution/Conservatism; Government; News/Current Events; US: Indiana; US: Michigan
KEYWORDS: automakers; bailoutnation; chrysler; indiana; killchryslerlist; michigan; pensionfunds; ruling; scotus
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To: Para-Ord.45
All three branches of government essentially say screw the Constitution.
2
posted on
06/09/2009 4:30:06 PM PDT
by
Man50D
(Fair Tax, you earn it, you keep it!)
To: Man50D
WTF?
I thought there was established Constitutional law on the issue:
Bondholders Committee v. Commissioner, 315 U.S. 189 (1942)
To: Para-Ord.45
It’s tar and feathers time WTF
4
posted on
06/09/2009 4:31:07 PM PDT
by
AirForceMom
(Locked and loaded, and sharpening wooden stakes.)
To: Man50D
Well, there goes the republic. Done. Finis. Stick a fork in it.
We now live in a fascist dictatorship.
5
posted on
06/09/2009 4:31:29 PM PDT
by
patton
(Obama has replaced "Res Publica" with "Quod licet Jovi non licet bovi.")
To: Para-Ord.45
6
posted on
06/09/2009 4:31:36 PM PDT
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money.)
To: Para-Ord.45
In summation: Supremes and Obama: Auto workers - we love you. Teachers and cops - you suck.
7
posted on
06/09/2009 4:31:48 PM PDT
by
Enterprise
(When they come for your guns and ammo, give them the ammo first.)
To: Para-Ord.45
I’d expect a huge selloff in the US Markets tomorrow. Huge.
8
posted on
06/09/2009 4:32:23 PM PDT
by
NoobRep
To: Para-Ord.45
We are now a nation ruled by men . . . no longer by the rule of law.
May God help us.
To: Para-Ord.45
Constitutional Law is fluid.
10
posted on
06/09/2009 4:33:18 PM PDT
by
El Sordo
To: Para-Ord.45
It was all nine members voting not to give certiori (or at least 6 of them).
11
posted on
06/09/2009 4:33:28 PM PDT
by
Lucius Cornelius Sulla
("men of intemperate minds cannot be free. Their passions forge their fetters." -- Edmund Burke)
To: Para-Ord.45
12
posted on
06/09/2009 4:33:30 PM PDT
by
Las Vegas Ron
(zer0 is doing to capitalism what Kennedy did to health care)
Comment #13 Removed by Moderator
To: Enterprise
This will split the AFL-CIO ~ and leave the UAW hanging out to dry all by itself.
The beneficiaries of those bonds at stake were NEA members!
14
posted on
06/09/2009 4:34:02 PM PDT
by
muawiyah
To: Para-Ord.45
Posted just behind you — had my thread pulled.
15
posted on
06/09/2009 4:34:13 PM PDT
by
CedarDave
(Obama's EPA wants to get rid of cows: They emit CO2 from the front end and CH4 from the rear.)
To: Oldeconomybuyer
16
posted on
06/09/2009 4:34:27 PM PDT
by
ml/nj
To: NoobRep
"I’d expect a huge selloff in the US Markets tomorrow. Huge".
yes, the market will tumble...and it'll continue for awhile. Probably slowly though.
Corporate Bonds? that's a whole nuther story. NOBODY WILL EVER BUY ANOTHER CORPORATE BOND. The US Treasury will be the only entity in the world that will invest in US corporations.
17
posted on
06/09/2009 4:35:24 PM PDT
by
Mariner
To: NoobRep
Yeah, right!
18
posted on
06/09/2009 4:35:39 PM PDT
by
Chgogal
(American Mugabe, get your arse out of my bank and get your arse out of my car!)
To: Right_in_Virginia
19
posted on
06/09/2009 4:36:19 PM PDT
by
patton
(Obama has replaced "Res Publica" with "Quod licet Jovi non licet bovi.")
To: muawiyah
Exactly - the NEA should be furious. But you never know, they might just shut up and adore Obamster anyway.
20
posted on
06/09/2009 4:36:20 PM PDT
by
Enterprise
(When they come for your guns and ammo, give them the ammo first.)
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