The Majesty of the Law
Posted June 9th, 2009 at 4.47pm in Rule of Law.
It takes an expensive lawyer…scratch that. It takes a very expensive lawyer, from Sullivan & Cromwell no less, to explain to the Supreme Court that when your client’s CEO said he would “never walk away” from a certain deal, what he really meant was that he would run away from the deal at the drop of a hat.
So what does this mean in terms of the Kabuki at the Supreme Court? It’s hard to say. But there’s a real possibility that the U.S. government, Chrysler, and Fiat are overplaying their hand. The Court, as a rule, does not like being pushed around, especially by the other branches of government.

June 9, 2009 Henry Stobbs, Tiffin, Ohio writes:
Agreed, that there is a possibility that deuces are being played for aces, and that the court will display its irritation by “doing the right thing”. on the other hand, the Court is as politically sensitive as any other branch, and may decide to keep quiet. It’s a vastly different court from the one that slapped harry truman down when he tried to take over the steel mills, and a less self-certain judiciary than the one that put Roosevelt in his place. Time will tell, and I have hope, but who would have predicted that the statists would have gotten THIS far?