Stuart Varney has an excellent article in the Wall Street Journal about the Obama Administration’s refusal to allow banks to return TARP money: Here’s a true story first reported by my Fox News colleague Andrew Napolitano (with the names and some details obscured to prevent retaliation). Under the Bush team a prominent and profitable bank, [...]

George Will has an excellent analysis of the constitutionality of TARP and the doctrine of “nondelegation.” He explains it as follows: The Vesting Clause of Article I says, “All legislative powers herein granted shall be vested in” Congress. All. Therefore, none shall be vested elsewhere. Gary Lawson of Boston University’s School of Law suggests a [...]