The Effect of Self Interest Motivation on Income Redistribution There is a transitional gain that occurs when self-interested individuals secure a flow of benefits to be redistributed their way. The flow of benefits gets capitalized into assets with the transfer. Recipients receive only a normal rate of return on their now more highly valued assets. …
This from today’s Washington Post: President Obama is considering a series of new executive actions aimed at working around a recalcitrant Congress….One of the first orders is expected this week….The moves underscore Obama’s increasingly aggressive use of executive authority….. Query: Does the U.S. Constitution provide for a President to bypass “a recalcitrant Congress” when it …
Yesterday I cited an 1886 Supreme Court decision that ruled that unconstitutional actions or statutes are…inoperative, and of no effect (see it HERE). My long-time buddy and fellow lawyer—I’ll call him Larry—sent me a friendly warning about that post, as follows:
“An unconstitutional act is not a law; it confers no rights; it imposes no duties; it affords no protection; it creates no office; it is in legal contemplation as inoperative as though it had never been passed.” Norton v. Shelby County, 118 U.S. 425, 426 (1886). That’s a ruling by the U.S. Supreme Court. We …
First the good. Obama’s leg-humping poodles in the mainstream media said “Romney abandoned the Tea Party!” That was of course typical MSM biased BS. On the contrary, Romney didn’t abandon the forceful Tea Party ideals at all. And that’s important. Here’s why….
The Obamacare decision crafted by Chief Justice Roberts…may be the best of all possible outcomes, including striking the whole thing down as unconstitutional. I’ve been mulling the decision over since it was announced yesterday, and have had the persistent feeling that…something is going on here that is not clear. It’s been a nagging suspicion I’ve had …
