“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.”
On this date in history, August 16, 1841, President John Tyler vetoed a bill to charter a new national bank to replace the Second Bank of the United States. Tyler’s veto led to demonstrations that still rank as the most violent protest on White House grounds in...
A lot of people view unconstitutional federal actions as a mere abstraction. They see it as a political issue, or perhaps legal mumbo-jumbo. But federal reach has real-world impacts on everyday people. For instance, the Federal Reserve, along with unconstitutional...
by Thomas J. DiLorenzo, LewRockwell.com The federal government today can wage wars without the consent of our congressional representatives, overthrow foreign governments, tax nearly half of national income, abolish civil liberty in the name of “homeland...
by Dr. Clarence Carson, FEE.org The United States Constitution does not mention paper money by that name. Nor does it refer to paper currency or fiat money in those words. There is only one direct reference to the origins of what we, and they, usually call paper...
by Rep. Ron Paul The Latin term “fiat” roughly translates to “there shall be”. When we refer to fiat money, we are referring to money that exists because the government declares it into existence. It is not based on production or earnings, and...