Endemic Lawlessness

And I’m not talking about Detroit.

70 Straight Days: Treasury Says Debt Stuck at Exactly $16,699,396,000,000.00:

Thus, the value of U.S. Treasury debt instruments circulating in the public has increased $53.267 billion since May 17–even though the Treasury says the debt has remained exactly at $16,699,396,000,000.00 during that time.

How could the value of extant U.S. Treasury securities increase by $53.267 billion during a 70-day period when the federal government’s debt subject to the legal limit has remained constant at $16,699,396,000,000.00—just $25 million below the legal limit?

Defunding: The Framers’ Remedy for Presidential Lawlessness:

President Obama does not have the authority to choose which parts of the law are enforced. In 1975, the U.S. Supreme Court ruled unanimously against President Richard Nixon’s inflated claims that he could selectively carry out the law. But going to court to keep presidents in line is slow and necessitates finding litigants to sue the president. The framers gave Congress a more practical way to resist a power-hungry president: defunding. Defunding is precisely what members of Congress are supposed to do when a president breaks the law.

Washington & Wall Street: Democrats Rob Private Mortgage Investors via Eminent Domain:

[Mortgage Resolution Partners] is using the power of eminent domain to effectively steal 20% of the current value of the house from the private investors who hold the mortgage. MRP is only attacking loans held by investors rather than loans owned by the largest banks because they know that the big banks will litigate them into annihilation. Keep in mind that investors in private mortgage securities have already been hurt by the big banks and acts of liberal generosity like the foreclosure settlement with the various state AGs. This latest effort merely adds insult to injury.

Dallas CAIR Director: “Muslims Are Above the Law of the Land”:

A Council on American-Islamic Relations leader told a crowd at a rally for Islam that members of the faith should not be bound by American law.

“If we are practicing Muslims, we are above the law of the land,” said Mustafa Carroll, executive director of the Dallas-Fort Worth CAIR branch.

E-mails Suggest Collusion Between FEC, IRS to Target Conservative Groups:

Embattled Internal Revenue Service official Lois Lerner and an attorney in the Federal Election Commission’s general counsel’s office appear to have twice colluded to influence the record before the FEC’s vote in the case of a conservative non-profit organization, according to e-mails unearthed by the House Ways and Means Committee and obtained exclusively by National Review Online.

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