They did not uphold centuries of legal precedent and are allowing the Federal Government to overstep its' bounds to pick winners and losers in banruptcy and buyout proceedings with Chrysler and Fiat. Putting secured debt holders interests' after the interests of the Unions and Foreign businesses.
Way to stimulate investment, now every investment decision has to be made on the basis of Politics instead of profit. Secured debt, being guaranteed to be first in line to be repayed, means absolutely ZILCH
Great.
June 09, 2009
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Comments by IntenseDebate
Well The Supreme Court is a Failure
2009-06-09T22:39:00-05:00
KOOK
Corruption|
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Drooz · 825 weeks ago
The thing that truly frustrates me about the situation isn't so much Sotomayor herself; I honestly doubt many people were surprised that Obama would pick someone oddly reminiscent of himself. What I'm really ticked about is that Republicans in the Senate have barely opposed her nomination at all for fear of being called racists. It's just terrible that our country is at a point that we can't criticize any non-white person without the racism card being played. It was bound to happen at some point, though. I'm just terribly disappointed.
Don't get me wrong, though...Sotomayor still frustrates me. Just not in a surprising way, if that makes any sense.
Andrew33 103p · 825 weeks ago
Andrew33 103p · 825 weeks ago
Madmath1 · 822 weeks ago