Doctor asks federal judge to stop bailout

10/10/2008 2:11 PM

EAST ST. LOUIS-A Belleville doctor is asking a federal judge to bar President George W. Bush from enforcing the congressionally-approved financial industry bailout bill.

Dr. Randy J. Jung filed the request for a restraining order Friday, arguing Congress and Bush exceeded their constitutional authority when passing H.R. 1424, otherwise known as the bailout bill.

“In the spirit of the Magna Carta where the King and government are required to follow their own laws; and in the honorable tradition of the Judicial Branch of government providing checks and balances for excesses of Congress and/or the President, I would like to plead that a restraining order be issued preventing the ‘bailout bill’ from being enforced until after a federal judge has ruled on the above maters which strongly indicate that the Congress and President have exceeded their Constitutional authority passing H.R. 1424 as amended,” the complaint states.

“After reading Article I, Section 8 of the U.S. Constitution, I do not see where Congress has the legal authority to deprive its citizens of property in the form of taxation to effect the above act and bailout the troubled financial district,” the complaint also states.

Jung argues since the bailout bill is an attachment to mental health legislation, it makes it “extra topical to the spirit and scope of the mental health act” and is an effort to “get around the fact that the U.S. Senate is the originator of a bill raising revenue of $700 billion, which exceeds the rights of the US Senate as indicated in Article I, section 7.

“The U.S. Senate has taken away the constitutional right of the House of Representatives to originate bills for raising revenue; and is assuming that function for the Senate,” the complaint states.

“Sometimes, children are abused by their parent, relative, acquaintance, or stranger,” the complaint also states. “This abuse generally occurs in a milieu of neglect where other adults fail to allege that the perpetrator has exceeded his rights; and exercised his will over the child simply because he is powerful enough to do so.”

U.S. District Judge Michael Reagan and Magistrate Clifford Proud have been assigned to the case. No hearings have yet been scheduled.

The Debate Question that Will Never Be Asked

In tonight’s VP debate, what is the top question that should be asked that no one has the gall to?  I believe the question would be this:

“Senator Bidden, you have taken an oath to protect and defend the Constitution.  You voted for the $700B and the later $850B bailout of Wall Street.  Please site the authority under the Constitution that Congress is using to justify this bailout.”

Or:
“Governor Palin, your running mate, Senator McCain has taken an oath to protect and defend the Constitution.  He voted for the $700B and the later $850B bailout of Wall Street.  Please site the authority under the Constitution that Congress is using to justify this bailout.”

Darrell Castle: Something Wicked This Way Comes

SOMETHING WICKED THIS WAY COMES
by Darrell L. Castle
Constitution Party 2008 Vice Presidential Candidate

Laws, originally evolving out of the New Deal legislation written in response to the great depression, once protected the American financial system. Starting in the 1990’s, in response to intense lobbying efforts by the financial industry, those laws were stripped away. The most important one was Glass Steagall which separated commercial banking from the type of investment work of a stockbroker. Glass Steagall was signed out of existence in 1999 by President Clinton and less than 10 years later the entire financial system is bankrupt. Another law, known as The Uptick rule, prevented companies from crashing due to large scale shorting of company stock. A company’s stock could not be sold short as long as it was in continuous decline. Short sellers had to wait for an uptick in the stock before shorting. The Uptick Rule ended in 2007 just about one year ago.

Continue reading

McCain Urges Treasury to Act Without Legislation on Bailout

Republican Presidential candidate John McCain “Speaking on morning television, the Arizonan urges the Treasury Department to address the economic crisis on its own by buying $1 trillion in mortgages and tapping its exchange stabilization fund. Also backs raising the FDIC insurance cap to $250,000.”

http://thepage.time.com/2008/09/30/“i’m-not-going-to-parse-every-answer”/

So, in other words, Congress failed to pass an unconstitutional bill.  So, the Republican candidate for President wants the Executive Department to act anyways; he wants them to do something that they have no authority to do.  So much for the Constitution.  And this is who “Conservatives” want for President?  I chose Door # 3; Chuck Baldwin for President!

Update on "One Angry Democrat"

In February of 2007, I wrote about a conversation that I had with “One Angry Democrat“. I went over to her house again today. Surprise, surprise, she is voting for John McCain. She doesn’t trust Barack Obama. Of course, I told her that I am supporting Chuck Baldwin, because he is actually planning on following the Constitution. She told me that she is a “Liberal Democrat”, just not as liberal of Senator Obama. I told her, as I’ve told you guys before, that I believe that politically, Senators McCain and Clinton are nearly identical, which is why so many Hillary supports (like this lady) is planning on supporting Senator McCain. It is said, though, that the Republican presidential candidate is as liberal as a Clinton.

Is the Clark County Republican Party really that desperate?

As many of my readers will know, I was a delegate to the Clark County GOP Convention.  Since that time, with my unhappiness with the state of the Republican Party (and especially the disaster known as McCain 2008), I’ve started supporting Constitution Party presidential candidate Chuck Baldwin.  However, I am still (at least for the time being) a registered Republican.  I still receive e-mails from the Clark County Republican Party.  I would guess I get about 1 e-mail a day, on average.  Recently, that has gone up, especially with presumptive Republican presidential nominee John McCain coming into town next week.  They keep sending out e-mails asking for volunteers.  It appears that they are getting desperate for volunteers.  Today, out of the blue, they called me and asked if I would volunteer.  I told them that I wasn’t interested in John McCain and wasn’t planning on voting for him.  Before I could say anything else, they said okay and hung up.  I wanted to tell them that if I was faced with a  socialist or an almost socialist, why not make the hidden 3rd choice of someone else.  I wanted to tell them that I love the inspired Constitution and I will not be volunteering for someone who is going to trample it under their feet.  I wanted to tell them that I believe the Declaration of Independence when it said that “We hold these Truths to be self-evident, that all Men are… are endowed by their Creator with certain unalienable Rights, that among these are Life” even if John McCain doesn’t.  And the Democrats are just as bad or worse, on everything important to me.

A Vote for McCain is…

a Vote for McCain.

Many Republicans (myself included) find themselves at odd as to who to vote for, especially for President.  The reason that, I believe, many hold their noses and vote for the GOP candidate is Judicial appointments.  I was reading a great article about this.  Here is a sample quote:

“The threat of a Supreme Court of David Souters is ironically
what keeps conservatives voting Republican even
when Republicans appoint David Souters.

It is a great read.  Check it out at Takimag.com