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nagoya1

01/09/24 2:17 PM

#781423 RE: clarencebeaks21 #781420

Any village idiot knows that judges are supposed to be non biased. Judge Lameazz had to keep his non educated yap f’n shut. Undercut overcut- judges doing what he did get reprimanded for biased opinions.
Can’t wait for this incompetent to retire once and for all.
Fnma
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Robert from yahoo bd

01/09/24 7:57 PM

#781449 RE: clarencebeaks21 #781420

Here's another take at reigning in the Administrative State, todays WSJ: "The SpaceX lawsuit also seeks to break new legal ground by taking aim at the NLRB's combination of adjudicative, legislative and executive power, which it argues violates the constitutional separation of powers and due process. NLRB members rule on charges brought in its administrative courts and decide whether to seek injunctive relief in federal court.

Members of other independent agencies do the same, but SpaceX argues that the NLRB's procedural unfairness is magnified because the board "has chosen to promulgate virtually all the legal rules in its field through adjudication rather than rulemaking."

In other words, the board uses internal adjudications to write new labor law. When a party appeals a board decision in federal court, the NLRB then claims that its interpretations of labor law based on its precedents and fact finding deserve judicial deference. Imagine a district attorney writing the law and hearing cases that it prosecutes under that law.

The "accumulation of all powers legislative, executive and judiciary, in the same hands" is "the very definition of tyranny," SpaceX writes, citing James Madison's Federalist No. 47. Congress has granted the NLRB and other independent agencies sweeping powers that would have made the founders blanch. But the agencies have also expanded their purview.

The Biden NLRB is a case in point. The board's statutory mission is to protect workers' right to organize, but it is rewriting labor law to limit employer rights to manage their workforces. Credit to SpaceX for firing a rocket at the administrative state."
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Barron4664

01/10/24 10:03 AM

#781481 RE: clarencebeaks21 #781420

Thank you for your input. You misinterpret my premise. I blame myself for that. Let me try to explain what I mean by ultra vires. I use the term simply for its literal meaning, not the legal strategy that has failed for 15 years. Ultra vires simply means to do that for which you have no power to do. In the 15 year failed legal strategy, plaintiffs have attempted to challenge the actions of the Conservator that is barred from judicial review by HERA by trying to say that FHFA-C’s actions were ultra vires. All sorts of claims were thrown in. All of these claims were determined to be within the power of FHFA-C as granted by HERA. So I agree with your rebuttal. In fact if you look at my posts for the past 2 years, I have said that the plaintiffs need to stop challenging the actions of the Conservator but to instead challenge the actions of Treasury and FHFA as regulator to avoid the Judicial bar by trying to get a court to rule against the “presumption of correctness” afforded to FHFA-C in the law.

Back to my premise. The Perry appeals case did rule that the NWS potentially violated common law contract rights of the shareholders. The jury trial affirmed this fact. The agreement between Treasury and FHFA is ultra vires in the purest sense of the word. The SPSPA agreement does not have the power to violate the common law contract rights of others. It is merely an agreement between two executive branch agencies. As our friend Rodney likes to say an “Illegal contract”. Treasury knows this. This is why there is language in the agreement to be able to nullify and wind back the entire agreement if a court finds any part of the agreement to be illegal. I argue that the terms and conditions of the amended SPSPA agreements and the SPS share certificates are now invalid. If exercised moving forward, they will continually violate the common law contract rights of the shareholders. It is not a hard concept to understand. The Jury verdict will enable any shareholder moving forward to challenge any action taken by Treasury to enforce the terms of the SPSPA. My premise is that if the NWS violates my contract rights, then why would the latest terms of the SPSPA be ok? The simple solution to avoid this is to follow the agreement already agreed to by Treasury and FHFA back in 2008 to nullify the agreement, claim victory and get re-elected. A couple hundred billion used to seem like a lot but times have changed. Thats chump change now compared to (Ukraine, Green new Deal, student loans, build back better) especially if it means preserving political power and keeping Trump out of the white house.

Will this happen? Probably not. It is the politically expedient thing to do with an election year coming. But if they don’t there is now thanks to the jury verdict, a much easier pathway than before to end this charade to challenge the SPSPA.
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kthomp19

01/10/24 10:08 PM

#781581 RE: clarencebeaks21 #781420

Great post!