On 2010-10-30, at 12:19 PM, Shane Mage wrote: > > On Oct 30, 2010, at 10:59 AM, Jim Devine wrote: > >> Shane: >>>> Congress has nothing to do with it. The Office of President has virtually >>>> unlimited constitutional power. Congress wasn't needed for FDR to declare >>>> a "bank holiday." Absolutely nothing stood in the way of Obama's declaring >>>> a national emergency (nobody pretends that it wasn't a real emergency) and >>>> placing insolvent too-big-to-fail banks into receivership.<< >> >> Marv: >>> Yes, and it's also been suggested he could have used his powers to declare >>> a national healthcare emergency... > > By whom? there was and is no "healthcare emergency" in any possible meaning > of the word "emergency." And the financial crisis, as I said, was > universally agreed to be a real emergency.
A quick Google hit: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x6499447 The idea was floated elsewhere in the blogosphere, but only as an academic exercise. So far as I know, it never reached the financial or mass media as a serious option, whereas, as you've point out, the financial crisis was universally treated as an emergency which some saw as justification for a bank holiday. The administration chose stress tests and mark to make believe instead. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
