SonicFlyer

The 10th Amendment prohibits bailouts, the feds running deposit insurance, a central bank, banking regulations, setting interest rates, etc because no clause in the document specifically authorizes it. It's not rocket science, hell it ain't even political science.

Flyby1206

DeltaboundRedux

The what?

Sweet summer child. No offense, but “‘muh Constitution” was set on a course for irrelevance ever since Marbury v Madison in 1803. The Constitution doesn’t mean what it states, it means what the Supreme Court says it does. Full stop.

More specifically, the Commerce Clause of the Constitution. Which has been steadily expanded to give the federal government to broadly regulate ANYTHING if it affects interstate commerce, which banks definitively do.

A quick rundown:

Gibbons v Ogden - 1824 (gets the ball rolling)

Wickard v Filburn - 1942 (feds can stop you from growing produce in your own state even if you’re not going to sell it, because it affects the price of total national supply)

National Federation of Independent Businesses v Sebelius - 2012 (Affordable Health Care Act made constitutional because the Commerce clause applies now even to economic INACTIVITY).

Look, if the Constitution was supposed to ensure limited government with primarily elected legislators controlling it, IT CLEARLY FAILED. Has failed in that for at least a hundred years, and arguably much longer.

Doesn’t mean it’s a bad place to live. But only understanding how the levers of power actually work in the US at the level of an 8th grade civics student is ridiculous.

nene

This is like the age old philosophies inside the US Navy specialties.

NUKE - "If instructions don't specifically say you can do it, than you can't"

Surface Ships - "If instructions don't say you can't, then it is assumed that you can"

Aviation - "Its actually easier to ask for forgiveness than permission."

DoubtingThomas

This is why DC and Puerto Rico should be states

Forward lav

What about Guam, St. Thomas and st. Croix?

PR pays no tax. They aren’t exactly chomping at the bit. DC was supposed to be neutral, but it’s a leftist chit hole.

bababouey

DC is a hard no. PR I could entertain, a place that gave us J LO’s be-hind and pina coladas certainly has my attention. Cockfights at midnight behind the Hampton inn may just seal the deal.

Forward lav

They pay no federal tax. I don’t thing they are dying to be a state.

SonicFlyer

You're dead wrong, but you're also dead right, unfortunately. I simultaneously agree with and disagree with your points here. 98% of what the US federal government does is unconstitutional. And it has been practically ignored since day one. In fact some would argue that it is completely illegitimate since the final Constitutional Convention was outside of the commission to simply amend the Articles of Confederation. So yeah, it doesn't stop anything as Lysander Spooner so astutely pointed out.

Halon1211

5 pages of nothing aviation related. At least when I troll it’s aviation related…

this thread should be moved to hanger talk section…or banker talk.