A Proper Understanding of “Necessary and Proper”
To have any hope of restoring our constitutional system, we need to first understand the Constitution – in all its parts – as it was originally intended.
Federal Government Fails to Limit the Federal Government and Protect Privacy…Again
It seems more and more apparent that all of the people waiting for federal courts to protect their privacy will decay into cobweb covered skeletons before the courts actually limit the power of the federal surveillance state. On Monday, the U.S. Supreme Court rejected what Reuters called “a test case on privacy in the digital…
Are We ‘Too Dogmatic’ About the Constitution?
At the Tenth Amendment Center, we hold to the following mantra. “The Constitution, every issue, every time, no exceptions, no excuses.” Recently, I’ve had a couple of people tell me that’s “too dogmatic.” OK, so let’s consider this quote by Benjamin Franklin in an essay titled Morals of Chess. “If it is agreed to play…
Massachusetts Bill to Facilitate the Production and Distribution of Raw Milk Receives Committee Hearing
BOSTON (Nov. 11, 2015) – Last month, a Massachusetts committee held a hearing to consider a bill that would expand consumer access to raw milk in the state. Passage would also strengthen the foundation to nullify in practice federal goals to fully ban this natural dairy product nationwide. Introduced by Sen. Anne Gobi (D-Spencer), along…
The Time to Shut Down the TSA is Long Past Due
A surprising headline in a mainstream publication, “Time to Close the TSA” hit the Boston Globe yesterday. What makes it unusual is that even the most critical articles about federal programs tend to focus on “reform” or “fixing” some agency or program. But the truth is, “reform” usually just means “give them more of your money.” From…
Thank You: We’re Advancing Liberty in Face of the Most Powerful Government on Earth
I know for a FACT that I don’t say this often enough. But THANK YOU. Thank you to everyone who donates to help the TAC keep plugging away. Thank you to everyone who gets our daily digest by email. Thank you to everyone who shares our posts and videos. Thank you to everyone who works…
Nullification in Effect: Medical Marijuana Goes on Sale in Illinois
CHICAGO (Nov. 9, 2015) – For the first time, thousands of people will be able to buy marijuana for medical purposes, legally, under state law in Illinois today. This represents another step toward nullifying the federal ban on cannabis in practice in the Land of Lincoln. Illinois legalized marijuana for medical use more than a two years ago,…
John Hussman: Psychological Whiplash
"Investors who refused to take the speculative bait may have been the first casualties of the Fed’s policies. But now, it is investors who remain fully invested in obscenely overvalued equities and junk credit that have become the unwitting dupes in this game. If the Fed cannot force people to abandon saving behavior with zero interest rates, some members of the FOMC have openly talked about driving interest rates to negative rates to 'stimulate' spending. This is not economics, it is megalomaniacal sociopathy. Centuries of economic history warn that this speculative episode, too, will end in a collapse." Continue reading →
Oligarchies Masquerading as Democracies
"The creation of the Federal Reserve System in 1913 was the re-establishment of the oligarchs' lender of last resort. That meant that the federal debt would become the foundation of the entire economy: debt purchased by the central bank to balloon the monetary base. To pay off the debt would create mass deflation and depression. The oligarchs now have immunity. Congress will not order an independent audit of the FED. The model is the Bank of England. It has been the chief insurance agency of the Anglo-American oligarchy ever since 1694. The 'Glorious Revolution' of 1688/89 was in fact the symbolic triumph of the oligarchs over the king." Continue reading →
Yellen Says Negative Rates On The Table “If Outlook Worsened”
"As the market now diligently calculates the suddenly surging odds of a December rate hike, here's Yellen with a preview of what will happen once the rate hike cycle is aborted, just as it was aborted in Japan in August of 2000 when the BOJ also decided to send a signal how much stronger the economy is by hiking 25 bps, only to cut 7 months later and to proceed to monetize not only all net Japanese debt issuance a decade later, but to hold half of all equity ETFs. The good news: YELLEN SAYS SHE DOESN'T SEE NEED FOR NEGATIVE RATES NOW; YELLEN SAYS FED SEES ECONOMY ON STEADY PATH OF IMPROVEMENT; Because when have the Fed's forecasts before ever been wrong." Continue reading →
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