June 26, 2009

Derfner on NAMUDNO

Interesting comments here. It concludes: "So let's take the Supreme Court opinion for what it says and what it does. Let's see how bail-out works. If necessary, if the bail-out mechanism proves to be too stringent or too lenient, Congress can re-visit the bail-out mechanism then. When the Supreme Court said that the results of the bail-out process may give a sufficient answer to avoid the constitutional issue, that's not chopped liver. Let's see how it really works before we tell Congress the sky is falling."

Posted by Rick Hasen at June 26, 2009 11:50 AM