From market-ticket.org; that Deninger guy is pretty damn smart. He talks about the loss of the Rule Of Law in government. I can’t imagine how large the loss of the ROL negatively impacts society; perhaps to the point where society devolves. Where might makes right.
Where are the cops? Oh yeah, I know --- Eric (Place)Holder is right on it.... sitting on it, that is.
Emails obtained by The Daily Caller show that the U.S. Treasury Department, led by Timothy Geithner, was the driving force behind terminating the pensions of 20,000 salaried retirees at the Delphi auto parts manufacturing company.
The move, made in 2009 while the Obama administration implemented its auto bailout plan, appears to have been made solely because those retirees were not members of labor unions.
One email dated Thursday, April 2, 2009 shows PBGC staffer Joseph House discussing a meeting he and his colleagues were anticipating with the entire auto bailout team the following day.
House emailed PBGC colleagues Karen Morris and Michael Rae that during the Friday morning meeting, the “agenda is everything — lead off with Chrysler, then we’ll get into GM/Delphi.”
But after the Friday meeting, House emailed PBGC staffers Karen Morris and John Menke. “We’ve been disinvited,” he wrote. “It’s for the best.”
“Who uninvited us?” Morris replied.
“Treasury,” House responded.
It’s unclear how many additional meetings about the Delphi pensions took place, and whether PBGC staff were invited to participate in them. But Treasury excluded them from the meeting during which the discussions began, which is likely a violation of 29 U.S.C. §1342. Without a PBGC representative in the room, Treasury officials were legally prohibited from making decision about pensions — or even from moving toward them. [my emphasis]
It also appears that perjury was committed:
The internal government emails contradict sworn testimony, in federal court and before Congress, given by several Obama administration figures. They also indicate that the administration misled lawmakers and the courts about the sequence of events surrounding the termination of those non-union pensions, and that administration figures violated federal law.
Does anyone care about the rule of law any more?
We already know, for example, that the administration wantonly violated contract rights when it "re-ordered" priority so that union health benefits would be funded while bondholders who had a contractually senior position got screwed. The bondholders sued and lost, incidentally, effectively giving the government plenary authority to seize their money -- but that doesn't make it right.
It does, however, make crystal clear exactly how the Federal What we continue to see examples of, day after day, is evidence for why this nation and her people are fully-justified in believing that the rule of law doesn't matter any more. We have essentially completed a transition from the "Golden Rule" to the "Rule of Gold" -- that is, Do unto others then get the hell out of there, and if caught simply say "but nobody committed any crimes" -- after you duct-taped the cops eyes closed!
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I still read the frequent abuses of the current administration’s policies, perhaps to prove myself again and again, that some sort of calamity comes our way. Our way, as Americans and as Jews.
What good will your 401K be if the government wrests its control from you (see Ann Barnhardt’s spiel)? What good is anything you own by contract, as opposed to having it physically, when the friggin government can take it away? What does George Zimmerman feel as the weight of the government ignores laws and evidence and hounds him beyond sense of decency? Is there a limit to the lawlessness?
Where are you going to go if things go bad? Whether you think it is more likely than not or as likely as getting hit by lightening. Remember, people do get hit by lightening.
Once you’re there, then what? Got food and water? Got means to protect said food and water? You might not get .gov help if you’re not a member of a union or registered to the ‘correct’ political party. There are 20,000 people who had their retirement stolen. I guess swindling one pensioner is a crime, but swindling 20,000 pensioners is a statistic.
My guess is that the means to defend yourself -ie gun ownership - by the Progressive Statists will soon start. Not sure if if ‘soon’ means before the election or after. Soon though.