SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: TimF6/9/2009 10:41:40 PM
1 Recommendation  Read Replies (1) of 90947
 
U.S. says TARP issue out of Court’s reach
Monday, June 8th, 2009 10:41 am | Lyle Denniston | Print This Post

The Obama Administration argued Monday that no court, including the Supreme Court, has the authority to hear a challenge by Indiana benefit plans to the role the U.S. Treasury played in the Chrysler rescue, including the use of “bailout” (TARP) funds. The Indiana debt holders, U.S. Solicitor General Elena Kagan wrote, simply have no right to raise that issue, thus putting it out of the reach of the courts...

scotusblog.com

So let me get this straight: Unlawful enemy combatants captured in foreign countries and never brought into the United States should have standing to bring their cases in our courts, but Chrysler's bondholders should not? Some reporter with brains and spine -- OK, I know I'm asking for a lot -- ought to ask the president to explain this.

tigerhawk.blogspot.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext