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A German court will rule will get to rule on boatmen's big bailout of all those broke countries like Greece and Spain handled.
Overall he's got.
They're cute that you're attempting me I know I -- -- deliberate act.
-- -- Nothing like that happens in America.
Over that the courts inside the -- call can -- hate you European Central Bank you're out of bounds that's not in your -- -- -- that printing money like that well.
Sort of the the German Constitutional Court.
Could say to chancellor Merkel.
You cannot participate.
In this fund.
It could not stop the European Central Bank from doing what it wants to do involving other countries because this court's jurisdiction ends at the borders of of Germany.
But it is a constitutional court with real authority.
That really can stop the government from doing things which -- fines are contrary to the German constitution.
-- it permits members of parliament.
The behavior of the executive branch so could you -- mansion.
Senator Rand Paul.
Filing a complaint with the Supreme Court of the United States.
Challenging many things that President Obama wants to do and the Supreme Court hearing those challenges yes -- -- and that's very -- behind.
Up until we don't have that that system here we've -- the -- outstanding which makes it difficult for you to get the right to challenge the government.
In Germany any other member of the government can challenge what the chance that wants to do.
They will probably rule tomorrow and as you said it will probably permit the government to participate this if they don't.
What you would know better than I -- what happened to the to the bonds into the Euro but that's Europe.
I don't understand why -- in America I've always been told that you can sue anybody for anything any time.
So why can't any member of the government to any member of any any citizen United States sue the federal -- -- -- We don't want you printing money like this we don't think you should be allowed to do it -- because the Supreme Court has already permitted it not this court that anybody.
On the court right now on the analysts say you know what are our predecessor court heard us.
We're not gonna were driven by itself -- it is so we don't watch -- mythic.
Is that you all constitutional position.
On the printing of money by the Federal Reserve has already been challenged in the courts and I have all -- lost yes lost yes but I would like to see if challenged again because the plain language of the constitution -- Only that congress can only in money -- can't let somebody else print.
Veterans that you're saying that the Federal Reserve that has what's called sovereign immunity the Federal Reserve is a bank it's not part of the US government think that -- reserve likes to say it is independent for the US government so why is that -- reserve.
-- half sovereign immunity.
Renault and -- -- it well it doesn't have sovereign immunity and it can be sued in fact.
Our boss Kevin Magee sued the case is called -- -- the Federal Reserve Bank.
-- it on behalf of fox business and we obtained documents that the federal and ended up printing money.
-- the Federal Reserve is not immune from suit.
The Supreme Court has the discretion not to hear the lawsuit perhaps because.
They might be inclined to rule in a way that -- have a tremendous upheaval.
On the American economy I think a member of the Supreme Court whose name I can't tell you has told me that those old cases authorizing the printing of money.
Were wrongfully decided drop that person is still on the court today did this could be an apology on of those is whoever -- that -- I think everybody this the constitution requires standing requires that you or ox being gored so to speak different from everyone else's otherwise the government can get nothing done I think there's people would -- the government although the depends who you ask -- for purposes of the lawsuit you -- federal government if the Federal Reserve is the government for purposes of what they do what.
Money they -- whether lay -- everywhere you know what's gonna happen now.
We're gonna get thousands of emails sent did you know who owns the Federal Reserve that who -- the Federal Reserve -- goods would you permit me to get back to where we started -- look at you like twenty seconds Britain was right not to go to the hero.
Absolutely -- -- a constitutional grounds and -- -- for economic grounds because I think there's a tremendous impact as major there's a tremendous impulse in Germany right now.
God -- mom and dad out of the -- Eskom last month that it was a wonderful -- -- that song from the news of god bless you Becky Thatcher they were ridiculing her blood.
That would give them -- to thirty seconds as we go through about half.
Judge I don't know -- -- again.
I got severe -- kind of soft -- lowest in his black robes in the wig I got a city Gaza.