Federalist
Last Friday, the U.S. Supreme Court heard arguments for Securities and Exchange Commission v. Jarkesy, which challenges the authority of the administrative state. The defendant is George Jarkesy, a conservative radio host who was fined over half-a-million dollars by the SEC for allegedly defrauding investors and appealed this sentence by arguing that the SEC does not have the constitutional authority to do this.
His legal team makes three arguments: (1) The SEC is violating the Seventh Amendment, which guarantees a trial by jury; (2) the SEC doesn’t have the authority to adjudicate these matters since it’s an executive agency, not a federal court; and (3) the SEC judges are unfairly protected from serious political and legal accountability. All these arguments add up to condemn the administrative state as a whole, which Jarkesy’s team claims “is effectively rigged against virtually every defendant that goes before an ALJ [administrative law judge].” More
Details on the Jarkesy Case Here
Wish him all luck with this, but am not hopeful that the government will wake up one morning and think, “huh, weve overstepped our constitution, we better fix that today.”
It is time ti end the ww administrative state. All of these extra-Constitutional organizations need to expire….. with prejudice!
FJB
to
FJB
THE BOOB AIN’T WORTH A DAMN IF YOU CAN’T FIND THE NIPPLE
“Does the SEC have the constitutional authority to regulate and target small business owners, up to the tune of a half-a-million-dollar fine?”
No they don’t. Why? Because they’re an illegitimate branch of the Government with no Constitutional validity or authority. They literally collect money at the point of a gun.
BENITO, try starting at the nip and working your way down.
“unfairly protected from serious political and legal accountability”
That’s this entire self appointed royalty.
Throw out a little fish and the big fish swim on.
The person who was fined by the SEC which brought about this case is a conservative? That would never happen!
I was a stock broker for 29 years. The SEC is corrupt as hell. I could go into great detail, but I don’t want to dissappear. It’s that bad.
why do these robe n-words have a job?
Even Steven, come on man tell us more. Oh & whats your real name, just ask’n for a friend. Brad, go ahead & try to fight the SEC. Even large communication corporations buckle & end up paying. Your not even a gnat large enough to be swatted at.
sec: sucking-ebonics-butt
Fuckity fuck-fuck. Why haven’t The Supremez of the Supreme Court stepped in to correct the jury-free Trump trial in New York?