Re:Yellen on Bitcoin: Fed Doesn’t Have Authority to Regulate...
by logfromblammo on Thursday February 27, 2014 @05:39PM
(#7315756)
They are also paid in dollars. If Bitcoin were an existential threat to the Federal Reserve banking system, I wouldn't expect them to rule in its favor. The dissenting opinion would probably be worth reading, but there's no way it wouldn't come down at least 5-4 in favor of their own paychecks.
Re:Yellen on Bitcoin: Fed Doesn’t Have Authority to Regulate...
by dragonwriter on Thursday February 27, 2014 @06:00PM
(#7315887)
> and it is for life
"during good behavior", actually.
Re:Yellen on Bitcoin: Fed Doesn’t Have Authority to Regulate...
by jfeser on Thursday February 27, 2014 @07:24PM
(#7316419)
Interestingly, no justice has ever been removed for bad behavior.
Re:Yellen on Bitcoin: Fed Doesn’t Have Authority to Regulate...
by dragonwriter on Thursday February 27, 2014 @07:36PM
(#7316468)
> Interestingly, no justice has ever been removed for bad behavior.
Plenty of lower court judges have been (and one Supreme Court Justice resigned in the face of impeachment, and so was certainly driven by office by the power of Congress to remove him, even if he wasn't, strictly speaking, removed.)
(not saying the Court is always right, of course)