Replies to post #200486 on Fannie Mae-No Politics (FNMA)

[Always wondering]

We have one of the least transparent corrupt administrations in many many years. Keep that in mind and good luck in law school, much dedication needed I'm sure. :-)

[frdmlover]

Wow...what an interesting read. Thanks.

[955]

Nice find Always wondering. Most people think this President follows rule of law when in actuality past actions dictate he seeks ways to circumvent them. This should not be. He has taken an Oath of Office to preserve, protect and defend the Constitution of the United States.

Time and time again, this President pushes the extreme outer boundaries of the law and there is no reason whatsoever to think he will do otherwise here. Congress thus far, plays along.

The Powers of the President

Aside from making judicial appointments, the president's only other influence over the Supreme Court resides in his power to enforce — or choose not to enforce — judicial decisions. This power is known as judicial implementation. As President Andrew Jackson once remarked about a ruling he disagreed with, “[Chief Justice] John Marshall has made his decision; now let him enforce it.”

In 1997, the Supreme Court accepted the Paula Jones sexual harassment case to resolve the issue of whether President Clinton could be sued while in office. The Court ruled that a sitting president could face civil proceedings, as long as the proceedings didn't interfere with his ability to perform the job. The lawsuit was eventually settled out of court.
What Jackson was referring to is the Supreme Court's inability to carry out its rulings. The Supreme Court can only interpret the law — it must rely upon the president and Congress to enforce its judgments and decrees. Most of the time this is not a point of contention, but if the president vehemently disagrees with a court ruling, it's within his discretion to refuse or delay enforcing it.

[crawford2012]

Always wondering just had a chance to see a few posts today. Been busy all day in very constructive meetings and fnma came up in our discussion.
Here is what the wise man said: the only reason we have those down turns in the economy is: so we can take the wealth of those that are sitting on things we need and are doing nothing with it, land, homes, farms, business & money when they scare the elderly making the think they should sell what ever shares they have left so they can have some money to survive on vs nothing.

Excellent read by the way thank you for sharing.

Crawford.