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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: MHGinTN
"The Roberts subpreme court"


Sadly, you've hit the nail on the head.

We're losing our country at breakneck speed.


"Barry the great is going to show us what that means in spades!"


Photobucket

241 posted on 06/09/2009 6:21:34 PM PDT by dixiechick2000 ("Dick Cheney gets results" ~~ Rush Limbaugh)
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To: Para-Ord.45

Benito and his gang will be partying hard tomorrow evening in the White House.

America, it’s been a great experience these past 233 years, but all good things must eventually come to an end. Rest in Peace...


242 posted on 06/09/2009 6:23:19 PM PDT by Deo volente
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To: BCrago66

Thank you. But I should have added,

In the process, the sheriff stole the money from the bank (TARP), and lent it to the maid so she could by the house for pennies on the dollar.


243 posted on 06/09/2009 6:24:00 PM PDT by patton (Obama has replaced "Res Publica" with "Quod licet Jovi non licet bovi.")
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To: jveritas

Nothing.

We’ve always had free choice.
This time, 52% chose very poorly.


244 posted on 06/09/2009 6:24:04 PM PDT by dixiechick2000 ("Dick Cheney gets results" ~~ Rush Limbaugh)
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To: Ghost of Philip Marlowe

TARP cash, I think (someone correct me if I’m wrong), provided debtor-in-possession (DIP) financing to Chrysler. That’s a loan - usually by a private entity, but here it was the government - provided in the context of a Chapter 11 bankruptcy to facilitate the reorganization plan. Except here, I think it’s more like a grant than a loan; there’s no expectation of payback.

To see if I’m right of wrong, find the TARP section of Indiana’s brief; I have not read it yet.

http://www.scotusblog.com/wp/wp-content/uploads/2009/06/stay-application-re-chrysler-6-6-09.pdf


245 posted on 06/09/2009 6:27:29 PM PDT by BCrago66
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To: dixiechick2000

If there is only a law that forbids from voting those “working age” citizens who do not work and do not pay taxes then socialism and liberalism cannot win a thing in the government.


246 posted on 06/09/2009 6:28:55 PM PDT by jveritas (God Bless our brave troops)
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To: Para-Ord.45
Coming soon to a Fiat showroom near you...


247 posted on 06/09/2009 6:29:38 PM PDT by GalaxieFiveHundred
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To: Tarpon
“There is still hope, and where there is hope there will be change.”

Crud, you are using 0bama’s words to make yourself feel better.

248 posted on 06/09/2009 6:31:03 PM PDT by ConservativeMind (The UN has never won a war, nor a conflict, but liberals want it to rule all militaries.)
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To: BCrago66

TARP funds are retricted to financial institutions.

Indiana corrected argued that Chrysler is not a bank (in the brief you linked).

T Soliciter General, in her response, said Chrysler is a bank if we say it is.


249 posted on 06/09/2009 6:31:10 PM PDT by patton (Obama has replaced "Res Publica" with "Quod licet Jovi non licet bovi.")
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To: ConservativeMind

LOL ... why not.


250 posted on 06/09/2009 6:33:19 PM PDT by Tarpon (You abolish your responsibilities, you surrender your rights.)
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To: jveritas

You got that right, FRiend.

There should be a test...;o)


251 posted on 06/09/2009 6:33:25 PM PDT by dixiechick2000 ("Dick Cheney gets results" ~~ Rush Limbaugh)
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To: Ghost of Philip Marlowe

These are the seeds we bought. $149.00 plus shipping. Best peace of mind money we ever spent. Advertised on Beck amd coast to Coast.


252 posted on 06/09/2009 6:35:18 PM PDT by AirForceMom (Locked and loaded, and sharpening wooden stakes.)
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To: Ghost of Philip Marlowe

Obama “lent” TARP money to New Chrysler to buy all of the assets of Old Chrysler - Only new chrysler is not a “financial institution”, as required by tarp.

In fact, a bill passed in the house to add automakers to TARP - it failed in the senate.


253 posted on 06/09/2009 6:37:02 PM PDT by patton (Obama has replaced "Res Publica" with "Quod licet Jovi non licet bovi.")
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To: AirForceMom

http://www.survivalseedbank.com/ sorry, forgot the link ;)


254 posted on 06/09/2009 6:37:06 PM PDT by AirForceMom (Locked and loaded, and sharpening wooden stakes.)
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To: AirForceMom

Is “heirloom seed” the name of the brand?

Don’t forget something to barter with (bottles of whiskey, junk silver, etc.)


255 posted on 06/09/2009 6:37:31 PM PDT by Ghost of Philip Marlowe (The most dangerous fascists are those with a warm smile and soothing voice.)
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To: Para-Ord.45

The message is clear only an idiot would invest their money in any U.S. Company that at a moments notice could be consumed and sold off by our own government.

At one time I believed the Constitution protected people from the governments oppressive rule but not anymore. I guess we really are living in the end times.


256 posted on 06/09/2009 6:37:36 PM PDT by Typical_Whitey (Hey Obama how many Freedoms have you taken away from Americans today?)
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To: jveritas

Nothing.


257 posted on 06/09/2009 6:38:09 PM PDT by sport
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To: BCrago66

Thanks for the info. Appreciate it.


258 posted on 06/09/2009 6:38:32 PM PDT by Ghost of Philip Marlowe (The most dangerous fascists are those with a warm smile and soothing voice.)
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To: patton

Ah, that makes sense. Thanks, Patton.


259 posted on 06/09/2009 6:39:18 PM PDT by Ghost of Philip Marlowe (The most dangerous fascists are those with a warm smile and soothing voice.)
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To: Ghost of Philip Marlowe

You are quite welcome - now go have a beer, and morn the passing of that great jem, the Republic that was. :(


260 posted on 06/09/2009 6:41:34 PM PDT by patton (Obama has replaced "Res Publica" with "Quod licet Jovi non licet bovi.")
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