An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Wednesday, February 24, 2016
Marc Chandler — What is Fair in Today's Global Economy?
There are many meanings of "fairness," leading to yet another paradox of liberalism.
But in a speech on the Senate floor in June 1992, Mr. Biden, then the chairman of the Judiciary Committee, said there should be a different standard for a Supreme Court vacancy “that would occur in the full throes of an election year.” The president should follow the example of “a majority of his predecessors” and delay naming a replacement, Mr. Biden said. If he goes forward before then, the Senate should wait to consider the nomination.
“Some will criticize such a decision and say that it was nothing more than an attempt to save a seat on the court in hopes that a Democrat will be permitted to fill it, but that would not be our intention,” Mr. Biden said at the time. “It would be our pragmatic conclusion that once the political season is underway, and it is, action on a Supreme Court nomination must be put off until after the election campaign is over.
“That is what is fair to the nominee and essential to the process. Otherwise, it seems to me,” he added, “we will be in deep trouble as an institution.”
Also view the video.
Now:
“Some critics say that one excerpt of my speech is evidence that I oppose filling a Supreme Court vacancy in an election year,” Mr. Biden said. “This is not an accurate description of my views on the subject.”
http://www.nytimes.com/2016/02/23/us/politics/joe-biden-argued-for-delaying-supreme-court-picks-in-1992.html?_r=0
ReplyDeleteBut in a speech on the Senate floor in June 1992, Mr. Biden, then the chairman of the Judiciary Committee, said there should be a different standard for a Supreme Court vacancy “that would occur in the full throes of an election year.” The president should follow the example of “a majority of his predecessors” and delay naming a replacement, Mr. Biden said. If he goes forward before then, the Senate should wait to consider the nomination.
“Some will criticize such a decision and say that it was nothing more than an attempt to save a seat on the court in hopes that a Democrat will be permitted to fill it, but that would not be our intention,” Mr. Biden said at the time. “It would be our pragmatic conclusion that once the political season is underway, and it is, action on a Supreme Court nomination must be put off until after the election campaign is over.
“That is what is fair to the nominee and essential to the process. Otherwise, it seems to me,” he added, “we will be in deep trouble as an institution.”
Also view the video.
Now:
“Some critics say that one excerpt of my speech is evidence that I oppose filling a Supreme Court vacancy in an election year,” Mr. Biden said. “This is not an accurate description of my views on the subject.”