Matt Welch | December 22, 2008
Columnist George Will on Sunday criticized what our own Jacob Sullum has been hammering on about in recent days: that President Bush's executive decision to bail out the Big 2.5 automakers is an(other) affront to the constitutional separation of powers. Here's Will:
The expansion of government entails an increasingly swollen executive branch and the steady enlargement of executive discretion. This inevitably means the eclipse of Congress and attenuation of the rule of law.
For decades, imperatives of wars hot and cold, and the sprawl of the regulatory state, have enlarged the executive branch at the expense of the legislative. For eight years, the Bush administration's "presidentialists" have aggressively wielded the concept of the "unitary executive" -- the theory that where the Constitution vests power in the executive, especially power over foreign affairs and war, the president is immune to legislative abridgements of his autonomy. [...]
Most members of the House and Senate want the automakers to get the money, so they probably are pleased that the administration has disregarded Congress's institutional dignity. History, however, teaches that it is difficult for Congress to be only intermittently invertebrate.
Recent Reason writing on executive power here. And it's always worth re-reading our June 2008 excerpt/adaptation from Gene Healy's The Cult of the Presidency: America's Dangerous Devotion to Executive Power, which Will described as "the year's most pertinent and sobering public affairs book."
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Recently, I've found myself agreeing with Will more than I've disagreed with him.
Recently, I've found myself agreeing with Will more than
I've disagreed with him.
The man does not throw principles overboard when it's convenient.
Whether you agree or disagree with him, you should admire his
honesty.
I really like the column's lede...
A new Capitol Visitor Center recently opened, just in time for
the transformation of the Capitol building into a tomb for the
antiquated idea that the legislative branch matters. The center is
supposed to enhance the experience of visitors to Congress,
although why there are visitors is a mystery.
I agree with the inference of the title, Matt. Congress is a
Mickey Mouse Club operation.
""" Bush administration's "presidentialists" have aggressively
wielded the concept of the "unitary executive" -- the theory that
where the Constitution vests power in the executive, especially
power over foreign affairs and war, the president is immune to
legislative abridgements of his autonomy. """
The "presidentialists" have ignore the Constituition when it gives
authority to Congress. An example is who gets to make the rules
about detainess captured in combat. They would argue the President,
yet the Constitution gives the authority to Congress. The
presidentialists have created constitutional authority where none
exists.
Congress NOT the President has the authority to,
To declare war, grant letters of marque and reprisal, and make
rules concerning captures on land and water;
To raise and support armies, but no appropriation of money to that
use shall be for a longer term than two years;
To provide and maintain a navy;
To make rules for the government and regulation of the land and
naval forces;
To provide for calling forth the militia to execute the laws of the
union, suppress insurrections and repel invasions;
To provide for organizing, arming, and disciplining, the militia,
and for governing such part of them as may be employed in the
service of the United States, reserving to the states respectively,
the appointment of the officers, and the authority of training the
militia according to the discipline prescribed by Congress;
One of 3 things will happen:
1) Congress does nothing except whine and the handout goes forward.
(most likely).
2) Congress amends TARP to make the handout completely legal (and
thus TARP meaningless).
3) Congress calls Bush's bluff and cuts off funding for TARP (yeah,
right--though it may already be too late for that even if Congress
did find the stones to act).
JW, I agree that option (1) is by far the most likely. Its the
best of both worlds for Congress - what most of them wanted to
happen, happened, and they get to avoid responsibility.
Option (2) would cut off Congress's ability to complain and require
them to take responsibility, so it ain't gonna happen.
Option (3) only happens if Congress replaces the TARP funding with
a different source and program requirements, which as we have seen
Congress cannot do, and would also require them to take some
responsibility.
We just don't understand, remember? The POTUS is doing the
responsible thing, and we're just slaves to our ideology, which is
all fine and good as long as circumstances are normal, but these
are not normal circumstances.
Is that about right?
Well Congress and the Courts are not exactly living up to their
constitutional roles.
What is Congress's argument here. "We are the ones who have the
constitutional right to take money from some citizens and give it
to private corporations."
If Congress decided that, after 8 years of rolling over and
playing dead, they wanted to finally stand up to an executive
branch that brazenly ignored them, they'd repeal the TARP
legislation immediately.
Not going to happen, though, since the Democrats want to suck up to
those swing Rust Belt states and bail out the Big 2.5, and Bush is
doing their dirty work for them.
The political downside to all this for the Democrats is that should
GM and Chrysler go under, it will now likely happen on Obama's
watch. So the Democrats will have a strong incentive to turn them
into zombie corporations, kept alive by huge infusions of cash at
regular intervals.
The political downside to all this for the Democrats is that
should GM and Chrysler go under, it will now likely happen on
Obama's watch. So the Democrats will have a strong incentive to
turn them into zombie corporations, kept alive by huge infusions of
cash at regular intervals.
If they keep funneling them money, even more people will be against
each bailout. They'd be handing massive ammunition to their
opponents come election time.
Frankly, I can't tell if Bush is trying to push the collapse onto
Obama's watch, or if he's just being a douchebag. With Congress not
bothering to stop him in any way, of course.
Somewhat related -
Game
over for GM stockholders
The game is over for holders of General Motors Corp.'s existing stocks and bonds, Credit Suisse auto analyst Chris Ceraso wrote in a note to investors today.
Ceraso downgraded Credit Suisse's rating of GM from neutral to underperform and dropped its target price for the stock to $1 from $2.
GM may "survive" like Kmart did.
Episiarch,
It only hurts the first few tiems you're beaten. After that, a numb
acceptance takes over and you notice the pain less and less,
especially if you know its coming. The Dems could keep the Big 2.5
alive indefinitely and eventually the public would lose hold of its
anger and accept it as a normal course of events. Like the waves on
a rock, petty tyranny need only be constant and mildly painful to
gain the advantage.
""""The Dems could keep the Big 2.5 alive indefinitely and
eventually the public would lose hold of its anger and accept it as
a normal course of events.""""
As long as it appears to be working.
The political downside to all this for the Democrats is that
should GM and Chrysler go under, it will now likely happen on
Obama's watch. So the Democrats will have a strong incentive to
turn them into zombie corporations, kept alive by huge infusions of
cash at regular intervals.
National railroad? Check
National bank/investment house/lender? Check, check and check
National auto maker? Check
National health care? Check*
National airline? Waiting on Delta/United/etc.
Blaming previous administration while absolving same-party members
in Congress? Check
*Give it time.
Ceraso downgraded Credit Suisse's rating of GM from neutral
to underperform and dropped its target price for the stock to $1
from $2.
So how much longer will GM be traded on the NYSE? Don't they have
standards for market cap, share prices, etc.?
British Leyland (1968-2005) Granted by the late 90's the
corporation was selling off chunks of itself, but still the zombie
corporation lived for 30 years on government life support and
rarely if ever turned a profit.
http://www.aronline.co.uk/index.htm?wsindexf.htm
So how much longer will GM be traded on the NYSE? Don't they
have standards for market cap, share prices, etc.?
GM stock performance today.
3.52 -0.97 (-21.60%) Dec 22 4:01pm ET
Did they do the sprites? We called them bug-eyed sprites when I
was a kid.
Would we support a zombie company for 30 years? Probably. I agree
with your 1:47 post.
TrickyVic:
"The presidentialists have created constitutional authority where
none exists."
No they haven't; they BROKE THE LAW.
Whether you like George Will or not, it is nice hearing someone with some principles on shows like This Week with George Stuffanupolus.
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