Tag Archives | downsizedc

Abolish the Federal Reserve

By on January 25, 2009 in Federal Reserve

by Perry Willis, DownsizeDC.org The stock market rises and then crashes. Housing prices soar and then plummet. The Federal Reserve causes these booms and busts by constantly expanding and contracting the supply of money and credit. Credit expansion by the Federal Reserve increases the demand for producer assets and investment instruments. This causes bubbles in [...]

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Enumerated Powers Act is Making Progress

By on August 22, 2008 in Enumerated Powers

from DownsizeDC.org The “Enumerated Powers Act” would force Congress to cite its Constitutional authority for every law it passes. When we last reported to you in late July this bill had 52 co-sponsors in the House, and had just been introduced in the Senate by Tom Coburn, gaining a whopping 22 co-sponsors almost immediately.

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Support the Enumerated Powers Act

By on December 19, 2007 in Enumerated Powers

From DownsizeDC.org: It’s time for Congress to “cite chapter and verse.” When they pass new laws or spend taxpayer money they should be required to point to the specific language in the Constitution that empowers that action. The “Enumerated Powers Act” would require them to do precisely that. Help us bring this bill to a [...]

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