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Thread: Obama Defies Congress With ‘Recess’ Picks. Could Provoke Constitutional Fight.

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    Re: Obama Defies Congress With ‘Recess’ Picks. Could Provoke Constitutional Fight.

    Quote Originally Posted by misterman View Post
    Didn't I already tell you to drop the pious baloney? Don't lecture me, son.
    Someone has to do it. If not me, who. If not now, when?

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    Re: Obama Defies Congress With ‘Recess’ Picks. Could Provoke Constitutional Fight.

    Quote Originally Posted by Caine View Post
    Your link tried to give me a virus.
    Woop! Sorry about that. Norton didn't give me any warnings.

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    Re: Obama Defies Congress With ‘Recess’ Picks. Could Provoke Constitutional Fight.

    Quote Originally Posted by AdamT View Post
    Woop! Sorry about that. Norton didn't give me any warnings.

    Wasn't no alarms set off here.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Obama Defies Congress With ‘Recess’ Picks. Could Provoke Constitutional Fight.

    Quote Originally Posted by misterman View Post
    Me too, which is why I wouldn't do this for any old company any old time.



    Well, no, often bankruptcy means the business doesn't continue at all. The new owners get some old factories and equipment, along with lots of liabilities. Thousands lose their jobs and the tax revenue from the company disappears. That's what was likely to happen to GM. If a company is failing, it's failing, and bankruptcy doesn't necessarily save it.

    Seems that I have read somewhere that the government loaned Chrysler $1.5 billion in 1979, not only did they pay back the loan but the Treasury was $350 million richer.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Obama Defies Congress With ‘Recess’ Picks. Could Provoke Constitutional Fight.

    Quote Originally Posted by Misterveritis View Post
    The very fact that you say it is debatable shows just how far we have damaged the Constitution.
    Yes, yes, you're the unquestioned authority and nobody can even possibly have a different opinion.

    No. It doesn't. This tossed out decades of standing bankruptcy law. The Executive branch bullied the courts into setting aside the bond holders' claims and gave a higher standing to the unions. This was very bad assuming we are still a nation of laws.
    I was responding to whether it makes economic sense.
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    Re: Obama Defies Congress With ‘Recess’ Picks. Could Provoke Constitutional Fight.

    Quote Originally Posted by treedancer View Post
    Seems that I have read somewhere that the government loaned Chrysler $1.5 billion in 1979, not only did they pay back the loan but the Treasury was $350 million richer.
    Yep, I remember that.
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    Re: Obama Defies Congress With ‘Recess’ Picks. Could Provoke Constitutional Fight.

    Quote Originally Posted by Misterveritis View Post
    Why not? Once you have breached the Constitution why not do whatever you want? Do what benefits your friends. Do what fills your campaign coffers. Be corrupt.
    Pious baloney. If you think it's unconstitutional, just say so.

    As it should be. They failed. There should be consequences for owners, not taxpayers.
    Two points 1) the taxpayers should get paid back, with interest (yes, with a risk that they won't), 2) the taxpayers would lose ALOT if GM were allowed to fail.

    This is nonsense.

    Thousands lose their jobs and the tax revenue from the company disappears. That's what was likely to happen to GM. If a company is failing, it's failing, and bankruptcy doesn't necessarily save it.
    That's what I was saying. And now you're agreeing with me.

    On the other hand, it is true that bankruptcy sometimes saves a company instead of killing it.
    True. But so what? Does this mean that as long as there is a politician willing to back it the taxpayers will be on the hook to make good any company's failure? This is reasonably for a dictatorship. It is very bad news for a representative republic.[/QUOTE]
    "Yes I read the 9th [amendment]. It doesn't say **** about abortion." -Jamesrage

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    Re: Obama Defies Congress With ‘Recess’ Picks. Could Provoke Constitutional Fight.

    Quote Originally Posted by misterman View Post
    Yes, yes, you're the unquestioned authority and nobody can even possibly have a different opinion.
    I am not objecting to your different opinion. Please feel free to believe whatever you wish. Either way you cannot escape the consequences.


    I was responding to whether it makes economic sense.
    Yes. I know. I disagree with you. We used to be a nation of laws. The economic chaos this creates is enormous. Will bondholders pay a premium for bonds given the government's dismissal of their lawful claims?

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    Re: Obama Defies Congress With ‘Recess’ Picks. Could Provoke Constitutional Fight.

    Quote Originally Posted by AdamT View Post
    You don't get it. Republicans filibustered the nomination when it came out of committee.

    Senate Republicans Block Cordray for CFPB - Bloomberg

    So what? Then the standard is to get enough votes to get passed that right? Obama doesn't get to ignore the constitution, or the Senate rules because it's too hard...Obama in fact in '10 affirmed that he understood and would uphold the pro forma sessions by not putting forth recess appointments. Then we have this....

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    Re: Obama Defies Congress With ‘Recess’ Picks. Could Provoke Constitutional Fight.

    Quote Originally Posted by misterman View Post
    Pious baloney. If you think it's unconstitutional, just say so.
    It is outside of the Constitution.

    Two points 1) the taxpayers should get paid back, with interest (yes, with a risk that they won't), 2) the taxpayers would lose ALOT if GM were allowed to fail.
    Number one) when should I expect my refund check for my share? Number two) why would the taxpayer be on the hook for any company's bankruptcy? Isn't the real issue that our Dear Leader, the one term Marxist president Barack Hussein Obama, wanted to give money to his base, union members and their thug leaders?

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