Quote:
Originally Posted by GratefulCitizen
Article I. Section 8 of the Constitution of the United States reads:
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
(excerpted, emphasis mine)
The Fed exercises its power at the pleasure of the Congress.
The Congress may trump them at any time.
|
It's nice to say that. Doesn't make it factual. The same arguments were made about the Bank of the United States. Then came 1837.
The Constitution also says that the right to keep and bear arms shall not be infringed.