February 18, 2013

Texas AG Abbott now wastes taxpayer money over Dodd-Frank

A week or so ago, I blogged about "fiscal conservatives who aren't," state-level officials who waste their states' money either on defending school districts after they approve patently religious, patently unconstitutional measures, or suing the feds because the government passed something Obama wanted and they don't like.

Well, Texas Attorney General Greg Abbott is high on that list.

Here's the latest example.

Now, the man who would be gov of Texas in two years, tired of suing the feds over Obamacare, has moved on to Dodd-Frank.

Here's the waste of taxpayer dollars part:
Legal experts believe that much of the lawsuit is unlikely to have much standing in court. “Sure, Dodd-Frank is a mess; sure, the statute is unwieldy and inefficient; sure, the statute takes power away from citizens and states and transfers it to the federal government. However, it’s not unconstitutional or otherwise illegal for Congress to pass a bad law. And this is what Dodd-Frank is,” says Jonathan Macey, a professor at Yale Law School.

Kenneth Klee, a law professor at UCLA, points out that the states’ major argument in the lawsuit — that Dodd-Frank violates states’ rights under the new bankruptcy provision — doesn’t hold up. ”States don’t have rights on bankruptcy law — Congress could prescribe anything at any time. There’s no vested property interest there,” he explains.
Bingo. So, the state of Texas may not even have legal "standing," but Abbott sues away.

As for the "bad law" issue? Abbott's compadres on the GOP side of the US House and Senate didn't want a "good" law. (And a lot of Democrats didn't want a great one, either.) So, this is what we got.

As far as wasting taxpayer dollars? Considering that the suit was originally filed by, among others, "two conservative advocacy groups, the Competitive Enterprise Institute and the 60 Plus Association," Abbott doesn't care.

Got that, you teabaggers? Abbott doesn't care. He'll waste your money and mine all day long, as long as he doesn't waste ExxonMobil's or the Koch Bros.

Update, Sept. 5: Federal appeals court in San Antonio confirms Abbott wasted more money over Texas Senate redistricting

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