Anonymous ID: a58d17 April 16, 2020, 4:48 a.m. No.8811391   🗄️.is 🔗kun   >>1397 >>1410 >>1416 >>1441 >>1536 >>1575

President Trump is wrong about his ‘absolute authority’

By Erwin Chemerinsky

April 16, 2020

 

"President Trump is simply wrong as a matter of constitutional law when he claims that he has the authority to overrule the decision of governors and order the reopening of the economy.

 

On Monday, President Trump sent a tweet, “For the purpose of creating conflict and confusion, some in the Fake News Media are saying that it is the Governors decision to open up the states, not that of the President of the United States & the Federal Government. Let it be fully understood that this is incorrect … It is the decision of the President, and for many good reasons.” Even more chilling, on Monday night, he said, “When somebody is the president of the United States, the authority is total.”

 

Such a statement is inconsistent with the most basic notions of checks and balances. As a matter of federalism, it is the states that have the power to issue quarantine and shelter-in-place orders. Absent a federal statute, and no such law exists, the president has no authority whatsoever to lift the public health orders imposed at the state and local level. President Trump can urge governors to do so, but he is limited to his powers of persuasion."

 

moar:

https://www.sfchronicle.com/opinion/openforum/article/President-Trump-is-wrong-about-his-absolute-15203935.php

ANON CALL TO SHOVELS

DIG THIS PUNK A NEW ASSHOLE Erwin Chemerinsky

Anonymous ID: a58d17 April 16, 2020, 5:31 a.m. No.8811586   🗄️.is 🔗kun   >>1790 >>1892

US Federal Reserve props up zombie companies that should

have collapsed

© Reuters / Brendan McDermid

RT’s Keiser Report

16 Apr, 2020 11:44

 

"US Federal Reserve props up zombie companies that should have collapsed"

 

"The Covid-19 pandemic has been disrupting US supply chains, with problems emerging in the distribution of food and money. And, while the Fed continues printing money, it cannot print agricultural products or supply chains.

RT’s Keiser Report talked to Steven McClurg of Exponential Capital about there being ‘no limits’ to the Fed’s money-printing to fight the ‘deflationary trap.’

 

“When you’re bailing everybody out, essentially you are bailing nobody out, and certainly hurting the middle class and the working class in the United States in the process,” he says.

 

According to McClurg, the very easy monetary policy has caused big investors, like insurance companies and pension funds, to purchase much riskier products because they need the yield."

 

moar:

https://www.rt.com/business/486003-federal-reserve-zombie-companies-keiser/

2 for zombies this morning 4 pepe's keeping score@home