Posted on 12/14/2008 3:59:01 PM PST by rabscuttle385
What a great quote!
Does anyone know of examples where central planning and control over private industry has been successful in the long run?
One patrician even became president, though infected by gifts and influence from those precipitating the mortgage crisis.
As much as I admired Bush for his response to 911 I can't believe how dumb he was to not back the Senate Pubs.
They are as left as Inhofe is right. I don’t see why we have to assume that everyone in the Senate sucks.
If they are bringing back a share of federal tax dollars then that’s what they are supposed to do. I don’t agree with things that Stevens or Byrd have done but if your state kicks upstairs then your Senators should be looking to recoup some.
I find the Bush administration position on the Auto Industry problem to be instructive. First President Bush has a spokesperson say he is considering options for saving Detroit including using TARP money to fund the industry. Then he puts out the word that he is not ready yet to announce his plan for economic assistance. The key words are “options including”.....
What other options are there?
What could he mean by more than one option to save the industry? The GM and Chrysler want at least 14 billion. Then what is President Bush deciding? Isn’t it either give them the money or not give them the money?
But George W. Bush is a negotiator.. What if he is privately negotiating with the Auto Workers Union. How about a position of give in on wages and working rules or no money and bankruptcy.. What if he tells the auto workers union their option is bankruptcy and lose the great contracts as well as big layoffs ... or give in now and avoid most of the big lay offs?
Me thinks that Bush is telling the unions you have two options.. Lose your expensive contract benefits or lose your contract benefits with the possibility that GM will be sold out in pieces and your GM jobs are gone.
What are Obama’s options if the companies are in the hands of the bankruptcy court by the time Obama takes office? Obama’s getting loans approved by congress might not save the union contracts... not if the bankruptcy judge says the contracts are nul and void.
I will be anxious to see if my reasoning proves true. The unions are used to negotiating with the weakest member of the big 3 and then forcing the others to accept that contract. This time they may find it harder to negotiate with Bush, harder than congress...
What if he is telling the auto GM and Chrysler declare bankruptcy and then you will get the money?
The options seem to be union give in on wages and benefits,
bankruptcy or no bankruptcy and money or no money. Some combination of these situations must be on the table with Bush and the auto industry.
The next 3 or 4 days will tell the us what has been happening with the White House.
Where is the constitutional authority found for the President to hand out money to a private company OR dictate terms of a UAW contract?
The constitution is what ever 5 agreeing judges on the Supreme Court have said it is today or said it was prior to today. Five justices may say it means the exact opposite tomorrow and if they do that is what it will mean. That is, until they change their minds about what it says.
That was decided during the Jefferson administration in Madison Vs Marbury Case. Most people are aware of the Supreme Court's assumption of power to decide what the words in the constitution mean. It was done over 200 years ago. You should check it out.
It was during the Jefferson Administration that the Supreme court ruled the man that wrote the constitution did not know what it meant but that the Supreme Court did.
Try reading the Marbury Vs Madison decision for a clue. Yes Marbury VS the man that wrote the constitution and the supreme court ruled against Madison. The supreme court read and heard Madison's version of what the constitution says, and told him he was wrong. The fact that Madison wrote the constitution did not cut any ice with the supreme court. That decision is still on the books. Don't look for any Supreme Court to overrule it. Both Jefferson and Madison accepted that decision against the Jefferson administration.
Do you know what the words in the penumbra of the constitution say? Right!! Only the Supreme court can understand the words in the penumbra. It was the Supreme Court that discovered the constitution had a penumbra and only they could understand what it said.
Here is another clue. The congress appropriates money! The president spends the money. That is one of the executive powers granted under the constitution. The Supreme Court has upheld that Presidential power. (See above for powers exercised by the Supreme Court)
There is nothing stopping a president from saying to the UAW, "Do as I say and I will give GM and Chrysler the money congress has given me to grant to those I chose. Don't do what I say and you don't get the money."
Quite frankly Bill Gates could tell the UAW, "Do what I say and I will loan GM and Chrysler 14 billion Dollars. Don't do what I say and GM and Chrysler won't get my loan."
Where is the constitution does it say that BILL Gates has the power to do that? Do you argue that would be unconstitutional for Gates to demand the UAW do his will before he would make GM and Chrysler a loan? After all he is worth somewhere between 50 and 100 billion.
Many years ago a bank told me they would loan my Corporation the money to build a radio station.. but only if the FCC granted me a license to build the station. Third party conditions are common on most loans to corporations be they from a bank or a the government. And the FCC said what conditions my Corportation had to meet to get their permission to build a station.
Where in the constitution does it say that only the FCC can grant a license to build a station. And that building a station with out an FCC license is a crime?
The constitution that says Congress may pass and the president sign rules into law. All citizens and organizations must abide by those laws. Including the rules adopted by those goverment organizations the congress has authorized to make and enforce rules.
Years later another corporation I headed was granted a multi million dollar loan but only if the FCC approved the purchase of the radio stations I wanted to buy.
Nearly every business loan no matter who makes the loan has third party conditions.
That was too good to be true when I saw it. I checked it on Google and he really did say it. The only reason the centrally planned economies staggered along is that the U. S. provided the free enterprize economy engine to pull them along. Without that bastion of reality there are no viable institutions.
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