Comments on: Obama Wants Power to Seize More Firms

By: TwilightZoned

TwilightZoned — Tue, 24 Mar 2009 23:07:07 +0000

One small step for Obama; one giant leap into socialism.

By: vdavisson

vdavisson — Tue, 24 Mar 2009 22:54:11 +0000

‘It’s obvious that measures have to be taken. Drastic measures,’ said James Taggart, speaking, not to Mr Thompson, but to Wesley Mouch. ‘We can’t let things go the way they’re going much longer.’ His voice was belligerent and shaky.

‘Don’t look at me,’ snapped Wesley Mouch. ‘I can’t help it. I can’t help if people refuse to co-operate. I’m tied. I need wider powers.’

‘Go ahead, Wesley,’ [Thompson] said. ‘Go ahead with Number 10-289. You won’t have any trouble at all.’

‘If you want me to go ahead, you’ll have to declare a state of total emergency.’

‘I’ll declare it any time you are ready.’

‘The chief difficulty is that I am not sure whether the law actually grants us the power to put into effect certain provisions of Directive Number 10-289. I fear they might be open to challenge.’

‘Oh, hell, we’ve passed so many emergency laws that if you hunt through them, you’re sure to dig up something that will cover it.’

By: Consilience

Consilience — Tue, 24 Mar 2009 18:09:59 +0000

PR, Literally speaking, the Fed only has to make a key stroke to “create” the 1 trillion—-they don’t even have to print it…

By: Liberals Demise

Liberals Demise — Tue, 24 Mar 2009 16:55:49 +0000

I say, Who here is up for some “Tea & Crumpets?” (said in a heavy British accent)

By: proreason

proreason — Tue, 24 Mar 2009 15:46:40 +0000

I was called a nut when I said Paulson and Bernacke were a part of this back in November and December.

Now Paulsen is in hiding, and Bernacke has printed a trillion dollars.

By: Confucius

Confucius — Tue, 24 Mar 2009 15:42:31 +0000

Where is Hank Paulson these days? And why isn’t anyone harrassing him?

By: pdsand

pdsand — Tue, 24 Mar 2009 15:39:14 +0000

“would have allowed them to seize AIG last fall and wind down its operations at less cost to taxpayers”
The whole point of the bailout and all the stimulating is that these companies are too big to fail, remember? Why are we now interested in winding down operations at little cost to taxpayers? That is the purpose of bankruptcy court. It appears whoever wrote this article failed to mention that this would allow the President to assume the powers of the judiciary. Article 3 of the U.S. Constitution be damned.