DEMOCRATS DISS EXECUTIVE POWER WHERE WAR IS CONCERNED, but otherwise they’re okay with it:
Congress’s marginalization was brutally underscored when, after lawmakers did not authorize $14 billion for General Motors and Chrysler, the executive branch said, in effect: Congress’s opinions are mildly interesting, so we will listen very nicely — then go out and do precisely what we want.
On Friday the president gave the two automakers access to money Congress explicitly did not authorize. More money — up to $17.4 billion — than had been debated, thereby calling to mind Winston Churchill on naval appropriations: “The Admiralty had demanded six ships: the economists offered four: and we finally compromised on eight.”
The president is dispensing money from the $700 billion Congress provided for the Troubled Asset Relief Program. The unfounded assertion of a right to do this is notably brazen, given the indisputable fact that if Congress had known that TARP — supposedly a measure for scouring “toxic” assets from financial institutions — was to become an instrument for unconstrained industrial policy, it would not have been passed.
But with the exception of Robert Reich, who’s complaining? “Most members of the House and Senate want the automakers to get the money, so they probably are pleased that the administration has disregarded Congress’s institutional dignity. History, however, teaches that it is difficult for Congress to be only intermittently invertebrate.”