Is this possibly the most troubling provision in the proposed bail out legislation?
by Mortgage Rates on Friday, October 8th, 2010 | 8 Comments
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They obviously don’t want this hamstrung in the courts. I also would have to say that once the US Supreme Court gets it, they’ll sever the provisions giving absolute authority to these people, and then find its subject to review, and then uphold the constitutionality of it.
It’ll be tomorrow before I can fully digest this but I couldn’t resist making a comment concerning the 7th Amendment.
“In suits at Common Law, where the value in controversy shall exceed twenty dollars, the right of a trial by jury shall be preserved, and no fact tried by a jury, shall be otherwise re-examined in any Court of the United States, than according to the rules of the common law.”
Would a case by the People or States brought against the U.S. be tried under Common Law? Why Not?!
If so, will our right to a trial by Jury be preserved?
According to the text I read (which you posted (my gratitude!)) it would never be heard or even considered.
They need me in Washington, after all.
They need soMEone to bust open a double-barrel of whoop-action!
…
Not that I’m getting emotional. Just an observation.
…
My thoughts are that it is unconstitutional on its face, because of the fact that the Congress has no authority to take money as taxes from people to use for specified private parties. And certainly does not have the authority to say that a court cannot review it for constitutional or lawful purposes. The Congress legislates and the Courts decides what is lawful under the Constitution, or so it has been. Any other outcome is to destroy our written Constitution. And yes I will note who votes for and against any such Act.
Edit: The real issue in discussing any such act is—did the Congress have the Constitutional Authority to delegate its powers under Aricle 1 section eight of the Constitution in 1913 with the Federal Reserve Act. If this had not happened we would not be in this mess now.
Power corrupts
and absolute power corrupts ABSOLUTELY
What ever happened to the CONSTITUTION
and RULE OF LAW
around here?
or?
Bush is just protecting his *** again, as well as the rest. Just as he did when they passed his Patriot Act again to protect the phone companies, and Internet companies who complied with information about Americans private emails and phone calls from ever being sued.
We’re screwed, because they’ll pass this for him.
You bet I’m going to hold them responsible if my reps vote for it. I am writing an email to zing off to them. Pressing the issue that the folks who created this mess need to be held accountable, and no golden parachute benefits paid out to them (top of the crop) before they leave or are fired from their positions.
If this passes, they all need to be replaced in November. This is bullshit.
Bailout or no bailout, the result will be the same; economic collapse. The chain of events was already set in motion decades ago. These bailouts will only lead to hyperinflation, the bankruptcy of the FDIC, the Treasury, and the collapse of the dollar. Anyone who thinks otherwise is disgustingly naive. The Federal Reserve has been inflating the dollar since its inception, now we are finally feeling the effects. The Bailouts are a clever ruse. The goal was never to stop the freeze of the credit sector or save the market. The real goal was to socialize the entire Housing and Financial Sectors, while at the same time committing the American Taxpayer to a national debt they won’t be able to pay off for another century.
Expect depression-like conditions by the end of 2009. Everyone will be crying for the Government to save them. Then hello Amero and the North American Union, goodbye Constitution!
“What about the fifth amendment no taking of [our] property without due process?”
I’d suggest you get your amendments straight.
The 5th is about self incrimination.
That’s a hint.