The Mother of all Bailouts and the 10th Amendment

by Savage Baptist, No Blog of Significance

Look, here’s the text of the Tenth Amendment to the United States Constitution:

The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

Simple enough, ain’t it? If the Constitution does not give a power to the United States, that is, to the Imperial Federal Government, it doesn’t have it.