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.
Amerika is now ruled by a federal oligarchy the hallmark of which are czars for specific areas of the economy. The Roberts subpreme court made this possible at last by abrogating the Constitutional contract the fed had with we the people, allowing an affirmative action fraud to ascend the white HOuse without proving his Constitutional eligibility even with suits demanding it from we the people ... we were shown we have no standing before the federal oligarchs and by god Barry the great is going to show us what that means in spades!
Unbelievable....
Let me fix this:
Buy foreign bonds
Contract law and the protection afforded secured credit holders. Need I go further?
Here’s the 2-page order, PER CURIUM, which means it’s in the name of the entire Court:
http://www.scotusblog.com/wp/wp-content/uploads/2009/06/chrysler-order-6-9-09.pdf
The average American can't begin to understand the vitally important role that corporate bonds play in the growth and viability of American companies.
This will have an incredibly negative impact on business in America.
I guess secured bonds are longer secured at least not when Obama can put unsecured creditors ahead of them.
forget that, go back to under the mattress.....
Oh, you mean those dusty old laws that our glorious leader is freee to ignore?
That was under the republic. Under the New Fascist American Soviet, laws only apply to the little people.
Yup.
There is no law but the Law of Obama, you will bow down before him and obey. He will rule by decree and will be righteous unto those who have paid tribute unto him. All hail OBAMA.
and get a BOHAG
(big old hunk a gold)
I wonder how this sets in accord with HR 2347, the Automotive Dealer Economic Rights Restoration Act submitted to committee by many from both party’s just yesterday?
http://www.politico.com/blogs/glennthrush/0609/House_Dems_press_O_to_save_car_dealers.html
stick a fork in capitalism, it just died.
My point was, as of today, those laws are no langer in force - at least for the regime.
Yep! It happened November 4, 2008. And ACORN has billions of dollars to ensure that it continues 2010. After 2010 ACORN will receive billions of more dollars to ensure that obams and the Democrats get the most votes in 2012.
I do believe the end justifies the means, as you so circuitously pointed out.
Who stands to gain?
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