In this case, it is the "secured" creditors (the parties that actually hold bonds or other items representing collateral) who are claiming that the assets are going to UNsecured creditors, like, oh, what a surprise, the UNIONS!

Again, this reflects one of the major problems with the work of the Founders, they gave the federal gubment the power to influence bankruptcy and did not leave it to private arbitration and the free market.

http://news.yahoo.com/s/nm/20090608/us_nm/us_chrysler_court

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So, even if you'd like to know what enumerated power is granted to the federal government to have ANY contact with health care, it doesn't matter. Can Obama and Congress break the Constitution? "Yes they can!" After all, the rules don't matter.

http://www.msnbc.msn.com/id/31143790

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Bile, of www.blogofbile.com came across this. Nice find, man!

Here's a bit form the Bloomberg piece, located at: 

http://www.bloomberg.com/apps/news?pid=20601103&sid=aZjQKyLci1AM&refer=u...

The Federal Reserve intends to hire a veteran lobbyist as it seeks to counter skepticism in Congress about the central bank’s growing power over the U.S. financial system, people familiar with the matter said.

Not like any of us have been saying this for years.

http://www.dailytech.com/NASA%20Study%20Acknowledges%20Solar%20Cycle%20N...

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There have been varying standards regarding 'a-priori' regulations and restrictions placed on so-called 'rights to privacy', Fourth Amendment protections, and even the First Amendment when it comes to federally run or funded systems. For example, years ago, the US Supreme Court ruled that the federal government could NOT set prior restrictions on residents or future residents of a federal housing complex when it came to the feds' desire to be able to search the residences for drugs without obtaining warrants. The American Library Assocition also won in the Supreme Court when the Bush Administration tried to force libraries receiving federal aid to place 'screening software' on their computers to guard against 'indecent material' that could be viewed by minors.

While the US government and Federal Reserve print counterfeit "legal" money, the feds stop private people from issuing their own medium of exchange based on metal. Who's the bad guy here?

http://www.libertydollar.org/ld/pr_nl/06_04_2009.htm

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But the threat remains, as long as government exists.

http://www.google.com/hostednews/ap/article/ALeqM5g6VDpPx3zLxo6gOQ90dfY8...

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Yeah, people are really being encouraged by all the federal spending and borrowing, regulating and glad-handing.

http://www.cnbc.com/id/31128685

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These Bozos don't seem to understand the growing resentment of people like us, and they insist on turning Ron Paul's proposal to actually audit the Fed into a toothless tiger.

Check it out now, Funk Soul Brother...

http://www.examiner.com/x-9094-Birmingham-Libertarian-Examiner~y2009m6d5...

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Incredible! The constitutional parameters are so blown out that we now see STATE supreme courts ruling that their governors MUST request unconstitutional federal stimulus money! Federalism isn't just dead, it's corpse on a spit, rolling over the flames of state govenment complicity and greed! Does ANYONE outside out Conspiracy circles get it?

http://news.yahoo.com/s/ap/20090604/ap_on_re_us/us_sc_stimulus

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Of course, since he will be continuing rendition, Obama probably doesn't care.

http://www.ktnv.com/global/story.asp?s=10478978

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For some reason, members of the Kansas City Fed Bank have been less disastrous than members of others. They still won't move to the side of right, which is that the fed should compete with other private banks that could issue currency backed by gold, and that all government should be taken out of the money system (all government should also be abolished, but we'll discuss that later...).

Check it out now, like Fatboy Slim recommends...

http://www.youtube.com/watch?v=LLm867kfZtA

Got some cake? You won't for long, because this takes it.

http://www.nytimes.com/2009/06/04/business/economy/04fed.html?_r=1&ref=politics

Ooo! Ooo! Wait! Mr. Kotter! Maybe he's not talking about SPENDING! Maybe he means Congress has to RAISE TAXES! He's a leftist, after all, and when lefties talk of "fiscal responsibility" they dont' mean curbing spending, they mean increasing taxation!

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TIMMY!

Timmy timmy....

http://www.reuters.com/article/companyNewsAndPR/idUSPEK14475620090601

As we've noted, this was expected prior to his taking office.

http://www.myantiwar.org/view/180674.html

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Timmy!

Timmy, timmy!!

http://globaleconomicanalysis.blogspot.com/2009/06/former-chinese-centra...

Be TIMMY seeing you!

Timmy timmy....

Pravda is a little behind, but ahead of the US pop media.

http://english.pravda.ru/opinion/columnists/107459-0/

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Founding fathers made another mistake with that bankruptcy clause in the Constitution. Obama Admin is making it worse... Wasn't GM supposed to be able to "regroup" with its bailout money? Weren't they saved, and the US Taxpayers were going to get their money back?

Hmmm...

http://online.wsj.com/article/SB124385428627671889.html

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Okay, so a few people have started talking about this Appeals Court Ruling by Judge Sotomayoooor (love the way the news people push the pronounciation of anything they haven't experienced before, making them look more "authentic"). Here's the deal, this teenage in a gub-ment school was angry that a "battle of the bands" she organized got cancelled by hte administration. She called them "d-bags" (obviously a euphimism for Adam Ant's song Duesche Bags, which was a sequel to Duesche Girls...), and then the administration retaliated buy not allowing her to run for school government. So, she sued on first amendment grounds.