Not quite at a 5-year-old reading level, but approachable:Angolvagyok wrote:I've seen that mentioned here a few times and read a bit about it, but I really don't understand what happened there. Is there any chance of explaining it to me like I'm 5 years old, please?Pottapaug1938 wrote:I wonder if the FMOTL idjits remember the Credit River decision, and think something like "if there is one judge who understands what the 'true law' is, there might be others".
First National Bank of Montgomery v. Daly
Basically, a debtor made the typical 'banks don't really give money, they just create credit on their books' argument. A jury actually found for the debtor, and the justice of the peace went along with the jury. The case was nullified on appeal.