for life and liberty

Fed Prepares to Maintain Record Balance Sheet for Years

"Federal Reserve officials, concerned that selling bonds from their $4.3 trillion portfolio could crush the U.S. recovery, are preparing to keep their balance sheet close to record levels for years. Central bankers are stepping back from a three-year-old strategy for an exit from the unprecedented easing they deployed to battle the worst recession since the Great Depression. The Fed is testing new tools that would allow it to keep a large balance sheet even after it raises short-term interest rates, a step policy makers anticipate taking next year. They would use these tools to drain excess reserves temporarily from the banking system." Continue reading →

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Another NSA Court Decision Makes Mockery of the 4th Amendment

The federal government has once again failed to appropriately regulate its own behavior, with an Idaho federal judge ruling in favor of the constitutionality of the NSA’s spying program. According to a report from the Idaho Spokesman, U.S. District Judge Lynn Winmill, in his eight-page decision issued [on June 3], found that under current U.S.…

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A Response on the Scope of the Treatymaking Power

Co-blogger Mike Rappaport, following Justice Thomas’ concurrence in Bond v. United States, argues that as a matter of original meaning the U.S. government’s treatymaking power is limited to “international matters.” I agree, to this extent:  A treaty must cover subjects that are genuinely of concern to the parties to the treaty.  There cannot be sham treaties designed only…

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**Follow-Up** Legislature Adjourns Without Tax Increase!!

“The ultimate arbiter is the people of the Union.”  Thomas Jefferson letter to William Johnson — 1823   Despite the best efforts, arm twisting, promises and amendment upon amendment) of Gov. Snyder, Senate majority leader Randy Richardville (term limited) and Speaker of the House Jase Bolger (term limited) to put lipstick on a pig the …

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Revenge, Response, and Blowback: Lessons From Third Century B.C.

Regardless of the body count, however, Americans can expect the growth of anti-American sentiment to increase proportionally to the number of missiles fired from the powerful Predator and Reaper drones used to carry out the culling of the president’s kill list.

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Hot off the Presses: State of the Nullification Movement Report Brochures

To mark the Tenth Amendment Center’s 8 year anniversary on 06-25-14, we’re releasing our first-ever “State of the Nullification Movement” report for 2014. We’ll be sending notices about its release to select supporters by direct mail.  And, to everyone who is subscribed to the TAC newsletter (sign up here).   This is a free report…

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Ron Paul: ‘Get Rid Of the NSA’

Ron Paul, speaking with Neil Cavuto on Fox Business last week, says that the recently revealed mass interception, storage, and analysis of images contained in private electronic communications is “another reason to get rid of the NSA.” Paul says limited reform of the National Security Agency is insufficient. Instead, Paul explains that the correct course is abolishing the agency…

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Oklahoma Reaffirms Gold and Silver As Legal Tender Under New Law

OKLAHOMA CITY, June 11, 2014 – Oklahoma Gov. Mary Fallin has signed a bill into law that declares gold and silver as legal tender within the state. Signed last week, Senate Bill 862 (SB862) was introduced by Sen. Clark Jolley and Rep. Gary Banz, with co-sponsorship from Sen. Natham Dahm. It reads, in part: Gold…

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A strategy that Samuel Adams never advocated

When opposing the Stamp Act (and eventually nullifying it), here’s a strategy that Samuel Adams NEVER took. “Let’s replace the current leaders with new ones that agree with us.” Why? Because leadership isn’t the problem. The system is. “Voting the bums out” is a complete and utter failure. Put your energy where it can actually…

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