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Sources: FT and Thomson Datastreams
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The Tenth Amendment
The Tenth Amendment re-emphasizes the Constitution's Federalist principles providing that the federal government's powers are limited to the enumerated powers. If a power is not specifically identified as belonging to the national government (nor prohibited to the states) then it is SPECIFICALLY reserved for the states or the people. The Constitution limits the federal government to the enumerated powers (Article 1,8). Everything and anything else the federal government does is unconstitutional. If it specifically isn't in this list then they cannot do it. Click Here
The Oath of the President
"I do solemnly swear that I will faithfully execute the Office of President of the United States, and will to the best of my ability, PRESERVE, PROTECT and DEFEND the Constitution of the United States."
The Cause of the Great Depression
We can't over-emphasise that the Great Depression did not become "great" due to the economic problems signaled by the 1929 stock market crash, but, instead, due to government policies undertaken to counteract the economic problems. As Franklin Roosevelt's own Treasury secretary, Henry Morgenthau, lamented in an address to Congressional Democrats in May of 1939:
The Tenth Amendment
The Tenth Amendment re-emphasizes the Constitution's Federalist principles providing that the federal government's powers are limited to the enumerated powers. If a power is not specifically identified as belonging to the national government (nor prohibited to the states) then it is SPECIFICALLY reserved for the states or the people. The Constitution limits the federal government to the enumerated powers (Article 1,8). Everything and anything else the federal government does is unconstitutional. If it specifically isn't in this list then they cannot do it. Click Here
The Oath of the President
"I do solemnly swear that I will faithfully execute the Office of President of the United States, and will to the best of my ability, PRESERVE, PROTECT and DEFEND the Constitution of the United States."
The Cause of the Great Depression
We can't over-emphasise that the Great Depression did not become "great" due to the economic problems signaled by the 1929 stock market crash, but, instead, due to government policies undertaken to counteract the economic problems. As Franklin Roosevelt's own Treasury secretary, Henry Morgenthau, lamented in an address to Congressional Democrats in May of 1939:
"We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong ... somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises ... I say after eight years of this Administration we have just as much unemployment as when we started ... And an enormous debt to boot!"
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