Dean John Eastman was quoted in a Wall Street Journal article entitled, “Legal Path for Intervention Was Blazed in FDR’s Time.”  The article discusses the recent federal intervention in the financial markets and the trend of the court since the FDR administration.  In the article, Dean Eastman makes the argument that the courts should reject the government’s bank plan because the recent federal bailout is “using tax funds to prop up a particular industry, and isn’t a “national purpose” as the framers understood.” Dean Eastman acknowledges that such a rejection is unlikely, but also expressed concern that the new plan which gives the Treasury secretary and the Federal Reserve broad discretion may amount to an unconstitutional delegation of congressional authority. Read article…