From the (one person) article - an interesting and IMO illuminating pivotal paraphrase sentence or two
The problem for the billionaires and shareholders has been that the Housing and Economic Recovery Act HERA that President George W. Bush signed into law gave the government extensive powers and authority to act in the face of a financial crisis.
Judge Lamberth took note of this problem in deciding to dismiss the awsuits filed by Perry and Berkowitz.
Again - I repeat time #10 -
During time of FIRE (crisis - financial crisis - national emergency) ---- GOV gets lots of unwritten power and HERAa
but what was the financial crisi - fire - emergency AT THE TIME OF THE THIRD AMENDMENT
Thus Lamberth's opinion - in my opinio - stretched the time frame for this TYPE of emergency dire action (all profits to GOV! - the stealing of property rights) ----- way way past any logical end date
Had it been done say 18 months earlier - then its back to lots of other legal questions - but some added logic to GOV action when F and F were losing money
F and F making money and about to make 100-150B profit --- boy if that is a financial crisis ---- I want my family to have one of them financial crises once a year
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