InvestorsHub Logo
Followers 52
Posts 6722
Boards Moderated 0
Alias Born 11/18/2016

Re: DaJester post# 786949

Saturday, 03/09/2024 12:41:32 PM

Saturday, March 09, 2024 12:41:32 PM

Post# of 795266

I don't see this as tenable in the long term. It's unconstitutional per Article I, Section 9, Clause 7. "No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law." Taking the private shareholder profits for Congress to spend for public use doesn't make sense.



I can see why my first signature line bothers you so much. Lots of high-minded legal claims by you, no actual lawsuits filed. Inactions speak louder than words.

They would need to complete the Nationalization so they are not publicly held. Otherwise, it's a taking and will be more difficult to argue otherwise the longer it goes.



It appears you haven't been paying attention. Courts have dismissed all of the NWS takings lawsuits. It is far easier for the government to say that there was no takings than it ever has been before because the courts have given them cover to say so.

The only reason it's not now is because the shareholders still exist, so they haven't technically "taken" the company< with the notion that the Conservatorship is temporary and the property will be returned.



What property is it that you expect to be returned? And why would Treasury do it? Especially in light of the fact that the courts have dismissed all the takings cases?

Got legal theories no plaintiff has tried? File your own lawsuit or shut up.

Posting about other posters is the last refuge of the incompetent.