Monday, June 8, 2009

Obama administration thinks they are above SCOTUS


The Obama administration filed legal papers with the Supreme Court arguing that the SCOTUS had no right to hear the Chrysler bankruptcy case filed by Indiana debt holders. The Obama administration thinks they can do what ever they want with Chrysler and TARP money. From SCOTUSBLOG:
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 government’s brief opposing a plea to delay the Chrysler sale can be downloaded here. The main case at the Court is Indiana State Police Pension Trust, et al., v. Chrysler LLC (application 08A1096). (The other filings in the Chrysler proceeding before the Court, and this blog’s weekend coverage, can be found at this link.)(emphasis mine)

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