Monday, June 08, 2009

U.S. Solicitor General Says TARP Issue is Beyond Court's Reach




Scotus Blog reports:
The Obama Administration argued Monday that no court, including the Supreme Court, has the authority to hear a challenge by Indiana benefit plans to the role the U.S. Treasury played in the Chrysler rescue, including the use of “bailout” (TARP) funds. The Indiana debt holders, U.S. Solicitor General Elena Kagan wrote, simply have no right to raise that issue, thus putting it out of the reach of the courts.
The authoritarian personality of our time.