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Health Care & Environment
01.17 As Planet Heats Further, Even Davos Elite Warns Humanity Is 'Sleepwalking Into Catastrophe' [Intelligent government is desperately needed]
01.17 Could a Green New Deal Save Civilization? [Intelligent government is desperately needed]
01.16 Immediate fossil fuel phaseout could arrest climate change – study [Intelligent government is desperately needed]
01.15 Solar Farms Shine a Ray of Hope on Bees and Butterflies [Wonderful!]
01.14 V.A. Seeks to Redirect Billions of Dollars Into Private Care [The most public and efficient healthcare in America has been demonized and will be destroyed rather than improved, raising total per-capita costs]
01.14 Why thousands of Los Angeles teachers are going on strike [Well at least we got a big tax-cut for the super-rich, that was the most important thing.]
01.08 Monarch butterfly numbers plummet 86 percent in California [0:58 video; Do You Care?]
01.08 Carbon emissions up as Trump agenda rolls back climate change work [Making America Less Great Again]
News Media Matters
US Politics, Policy & 'Culture'
01.19 Republicans’ lack of alarm over the shutdown reveals a disturbing truth [Sociopaths have little or no conscience, empathy or morality...]
01.19 Arizona: Four women convicted after leaving food and water in desert for migrants [morality is against the law]
01.18 With Mattis Gone, Trump Is Already Sowing More Global Chaos [Trump plays General—what could go wrong...]
01.18 Impeach Donald Trump
01.18 President Trump Directed His Attorney Michael Cohen To Lie To Congress About The Moscow Tower Project [An impeachable offense]
01.18 10 Things We All Lose If Bernie Chooses Not to Run in 2020 [Intelligent government is desperately needed]
01.17 Alexandria Ocasio-Cortez lambasts US government shutdown in first House speech [3:27 video; Intelligent government is desperately needed]
Economics, Crony Capitalism
01.17 Trump's economy is great for billionaires, not for working people [chock-full of pesky facts that government and media ignore and distort]
International & Futurism
01.17 White people assume niceness is the answer to racial inequality. It's not [More equality requires us to fix ignored and distorted problems]
01.16 Global tensions holding back climate change fight, says WEF [Consistently stupid and harmful policies... Seeing a pattern?]
Thinking about Arrogance
Where is it written that the Executive Branch can terminate Corporate Executives and Boards of Directors, or demand that they resign from their positions? Are such events not the results as determined during the normal course of a bankruptcy? - not the pre-requisites to such a filing?I’ve been thinking about arrogance. Actually I’ve been thinking about the auto dealer terminations, Presidential prerogative, constitutionality, the so-called automotive bailout, Motown, and some new “Supremes.” Arrogance conjures up a sense of overwrought superiority, a haughtiness in demeanor, and/or an overbearing personality in dealings with others.
You see the automotive industry sub-crisis within the wider economic recession/ depression ratcheted up a few decibels last week. Roughly 800 Chrysler dealerships were axed from their automotive family. One day later, roughly 1,100 GM dealerships were disinherited from the GM clan. Such purges were unprecedented in any context. The fact that such separations were mandated at the executive level within the Federal Government as a pre-condition to economic assistance bespeaks volumes of how far out on shaky ground the Obama Administration now finds itself!
Never in US history has anything similar occurred. The executive ruling powers of a presidency (or monarchy) have their validity for actions in the legal fiction of “quo warranto” - medieval Latin for “by what right, or prerogative (do you do this?).” Such powers are “legal fictions” in that they are not natural laws like gravity. Rather they have been made up over time and were created via enactments of a body of law as constrained by some over-riding constitutional document. The United States’ Constitution defines the Legislative Branch in Article I, the Executive Branch in Article II, and the Judicial Branch in Article III. I can already see constitutional challenges looming on the horizon for so much of what the Obama administration has done, and far more coming from where the administration appears to be headed.
Our constitutional document may be dynamic, but no blank checks are granted to any branch –the roles of each are defined. The 27 words of the tenth amendment are also critical here: “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.” Just because actions, policies, or events have occurred; doesn’t mean they will stand the tests of time, or the court challenges. Silence gives consent only to the point when parties object and eventually seek remedy in our court system. Does it seem logical that ALL of the roughly 2,000 dealerships will simply roll over and accept “death from disinheritance” simply because someone in the Executive Branch said they must for their auto producing parents to get some of Uncle $ugar’s money to stay in business?
Where is it written that the Executive Branch has the power to demand this of the selected dealerships? Where is it written that the Executive Branch can terminate Corporate Executives, or demand that they resign from their positions? Where is it written that the Executive Branch can terminate Corporate Boards of Directors, or demand that they resign from their positions? Are such events not the results as determined during the normal course of a bankruptcy? - not the pre-requisites to such a filing? How can one troubled auto company be given one timeframe for compliance while another (albeit larger one) receives a longer and presumedly more generous one?
It was the arrogance of the American auto giants which brought them to this sorry point in their history. Their belief that the public would buy whatever they chose to manufacture proved false. The public bought their cars elsewhere and the American big three saw their market share erode. Motown’s days as the center of the Earth’s automotive world are forever gone. Uncle $ugar’s arrogance in “fixing/ saving” this industry will prove no more effective than the selective and arrogant approach already underway in the AIG bailout(s) and the wider financial services sector! The Obama Administration will soon find itself needing a far more “bailout friendly” Supreme Court - if they should ever hope their actions to date will not be overturned!
I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.
Copyright 2008 Questions, Inc. All rights reserved. Fred Cederholm is a CPA/CFE, a forensic accountant, and writer. He is a graduate of the University of Illinois (B.A., M.A. and M.A.S.). He can be reached at firstname.lastname@example.org.
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This story was published on May 18, 2009.