Will the Supreme Court Stop Fascism in America?

The State of Indiana set to Challenge Constitutional Limits of Executive Power

The theft of Public funds by two Fascist Presidents of the United States will finally go on trial in the Supreme Court.

Last fall Congress approved and President Bush signed the law creating the $700 billion Troubled Assets Relief Program (TARP). Congress specifically said the funds could only be used for financial institutions such as banks, insurance firms and credit unions. However, TARP money was used by the Bush administration to provide a $13.4 billion bridge loan to GM and a $4 billion loan to Chrysler.

In March, Comrade President Obama told America,  government would guarantee the warranties for new cars sold by GM and Chrysler, expanding government fascist control in the name of the auto bailout. He also forced the removal of GM CEO Rick Wagoner and announced that Fiat would be purchasing Chrysler, with no legal authority and against congressional provisions.

In early June Comrade President Obama announced the federal government would be spending $30 billion on GM and taking ownership of 60 percent of the company and giving union workers a 17 percent stake in the company ahead of the secured interest of the Indiana pension fund holders.

The Indiana suit addresses this issue by raising the inequity in the deal as structured.  If the United States is a country based upon the rule of law where contracts are to be honored,  what kind of new society is Comrade President Obama leading this Country into, if by government fiat (no pun intended) it can unfairly favor the interests of the company’s unsecured stakeholders ahead of the secured stakeholders, such as the holders of Indiana pension funds?

This action puts the new National Socialist American Worker’s Party in complete control of the Auto Industry and the precedent to continue nationalizing any area of the American economy in the name of “The Party.”

The U.S. District Court ruling further states, “Plaintiffs’ arguments have even more persuasive force given that a bill, HR 7321, specifically designed to authorize the distribution of TARP funds to auto manufactures passed the United States House of Representatives.” “Passage of that bill by the House, even though not ultimately enacted, raises the question of why was such a bill necessary if the Act already authorized the distribution of TARP funds to the auto industry?” the court continued.

However, U.S. Bankruptcy Court Judge Arthur Gonzalez ruled on June 1 that Indiana did not have the standing to challenge the use of TARP funds. The court of appeals issued a ruling late Tuesday accepting the case.

The Indiana pension funds added: “The Government’s action is not authorized by any statute, including TARP, and violates the unambiguous provisions of the Emergency Economic Stabilization Act (the “EESA”) and the Constitution of the United States.”

The President’s violation of federal law ‘breathtaking’

The agenda of Comrade President Obama is quite clear, and should be a wakeup call for those liberal progressives blind to the unlimited power grab by the executive branch.  How can their liberal Marxist-fascist President pit one class of unions, the Indiana teachers, against a union who contributed to his campaign, the UAW, while a foreign corporation, Fiat, receives a financial windfall of at essentially no cost?

There is only one answer, Comrade President Obama principals lie with a new society based upon Marxist-fascist authoritarian rule, let us pray that the supreme court see’s Obama for what he is and for what he is planning to do to American society, and stop this shift of power from the people to the Dictator in Chief.

The Indiana lawsuit is significant because it is the only litigation challenging the constitutionality of this auto bailout, said Andrew Grossman, senior legal policy analyst at The Heritage Foundation.