The US Supreme Court ‘vacates’ on Chrysler Deal
Today, the Supreme Court of the USA decided to pass on even reviewing the current Chrysler deal which has been questioned by many pension funds who hold (now worthless) Chrysler senior debt. Our judicial system has now completely caved on contract law, not raising even a meager voice of objection to the current stampede of smothering individual rights, property rights, and now contract law by the current administration and congress.
Congress and the executive branch now have all the legal precedent they need to use all their power to implement whatever program(s) they wish. It’s now clear the Supreme Court is no longer a force to consider in whatever policies the administration or congressional branches decide to pursue.
If you didn’t believe my prior post yesterday, I hope you now realize socialism is HERE and growing day-by-day in the USA.
Today’s Supreme Court decision to ‘take a hike’ instead of actually addressing the obvious legal issues in the Chrysler deal simply illustrates how far we are down the road to total loss of individual rights, property rights, and rule-of-law.
Our congress and executive branches now have a gigantic ‘blank check’ to do as they wish without worrying about the judicial system getting in their way.
You may have thought I was kidding or too dramatic yesterday about mob rule now in control. Think again (or just think this time).