Jubilee Prosperity

Our Constitution declares in Article I, Section 8:

The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States;

Note that the requirement of taxes to be unfirform throughout the United States may not bet met by the current system of regressive payroll taxes and progressive income taxes.

To borrow money on the credit of the United States;

Note that it is the responsibility of Congress to represent the will of the people in not issuing excess debt.

To regulate commerce with foreign nations, and among the several states, and with the Indian tribes;

Note that Congress did not represent the will of the people in passing policies that exported jobs and prosperity abroad.

To establish a uniform rule of naturalization, and uniform laws on the subject of bankruptcies throughout the United States;

Note that so far Congress, the Executive Branch and the Courts have not enforced laws concerning illegal immigrants, and in fact have subsidized them for special interests at the expense of taxpayers.

To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;

Note that Congress abrogated that responsibility by turning over monetary authority to partially audited private banking corporations headed by the Federal Reserve that have inflated and deflated the money supply to enslave the American people as Jefferson warned.

To provide for the punishment of counterfeiting the securities and current coin of the United States;

Note that Fiat money may counterfeit, as it is no longer based on a standard or store of value and can be issued in unlimited quantities by the Federal Reserve and Treasury.

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23

This entry was posted on Monday, February 1st, 2010 at 5:14 pm and is filed under Financial Planning. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.