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To: NoobRep
The precedent has now been set by the SCOTUS that contract law can be overriden at any time. Investors will look for other places and vehicles to park their money in.

Yup. Kiss goodbye "the full faith" of the United States and all doing business in it.

52 posted on 06/09/2009 4:46:14 PM PDT by Right_in_Virginia
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To: Right_in_Virginia

“Yup. Kiss goodbye “the full faith” of the United States and all doing business in it. “

Between this and Obama telling Israel “That was Bush’s arrangement and promise, that wasn’t mine and I won’t honor it”, our credibility is CRAP.

China will be paying attention to this too.


173 posted on 06/09/2009 5:30:36 PM PDT by autumnraine (Freedom's just another word for nothing left to lose- Kris Kristoferrson)
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To: Right_in_Virginia

And the SC Sanford deal...what’s up with that?
SCOTUS says SC MUST request stimulus money. No need for govenors anymore either,I guess.
O dear God.


301 posted on 06/09/2009 7:20:18 PM PDT by jackv (Just shakin' my head!!)
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