More inconsistency from the Supreme Court

Discussion in 'Politics' started by carpro, Jun 14, 2016.

  1. carpro

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    Well-Known Member

    Oct 14, 2004
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    Supreme Court rules Puerto Rico can't restructure debt

    The Supreme Court ruled Monday that Puerto Rico can't restructure the debts of its public utilities to avoid a financial crisis, closing off one of the island's last remaining options for avoiding default without help from Congress.

    In a 5-2 ruling, the justices said that although the government and people of Puerto Rico should not have to wait for possible congressional action to avert a financial crisis, the Constitution does not allow them to rewrite a statute that Congress enacted in 1984.

    While states can allow municipalities to seek such debt relief, the lower court said, Congress had not given Puerto Rico that right.

    Yet the Supreme court, in the last 7 years, has rewritten law itself and allowed laws to be rewritten in the oval office, with some justices even over riding their own precedents to do so.

    Guess Puerto Rico just didn't have enough political pull.

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