Posted by
DecoNservAtiVE on Tuesday, September 09, 2008 1:34:04 AM
On Sunday, Treasury Secretary Hank Paulson and James Lockehart, director of the newly formed Federal Housing Finance Agency, announced that Fannie Mae and Freddie Mac, will operate in conservatorship. Lockehart said, “I have determined that the companies cannot continue to operate safely and soundly and fulfill their critical public missions without significant action to address our concerns”. Freddie and Fannie combined own $5.4 trillion in mortgage debt. The government has taken on responsibility for these loans and has taken control by deposing the CEO’s of the government sponsored companies. To many this may seem like a good thing, solvency in the market and security in the corporations appears to be on the horizon. In fact, we must look at what the government has done. Our government is already in debt, in fact, it has been in debt, even during surplus years since we abandoned the Constitution in the 1940’s. Before the great social programs of that time, our constitution limited the power of government to living within its means and spending responsibly. Our government is not, in and of itself a private company who makes money, nor is it a worker who earns money for providing a service or product. Our government relies on the money provided by taxpayers and other fees paid to the government. The United States government is a shell that was originally intended to do three things, provide a legislature, a commander in chief and a Supreme Court.
The legislature was created in order to “lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defense and general Welfare of the United States; To borrow money on the credit of the United States; To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes; To establish a uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States; To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; To provide for the Punishment of counterfeiting the Securities and current Coin of the United States; To establish Post Offices and Post Roads; To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries; To constitute Tribunals inferior to the supreme Court; To define and punish Piracies and Felonies committed on the high Seas, and Offenses against the Law of Nations; To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water; To raise and support Armies, but no Appropriation of Money to that Use shall be for a longer Term than two Years; To provide and maintain a Navy; To make Rules for the Government and Regulation of the land and naval Forces; To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions; To provide for organizing, arming, and disciplining the Militia, and for governing such Part of them as may be employed in the Service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress; To exercise exclusive Legislation in all Cases whatsoever, over such District (not exceeding ten Miles square) as may, by Cession of particular States, and the acceptance of Congress, become the Seat of the Government of the United States, and to exercise like Authority over all Places purchased by the Consent of the Legislature of the State in which the Same shall be, for the Erecting of Forts, Magazines, Arsenals, dock-Yards, and other needful Buildings; And To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof. “. We have run afoul of this original intention via our many amendments to the Constitution. In fact, our current government has come dangerously close to violating the Constitution. “No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time.” While the government does follow this, they do so in an obscene manner and do not feel obligated to spend responsibly. They post convoluted reports about their spending habits and have mired tax dollars in so many failing programs as to cause the reports to be unreadable by the average American. This was NOT the intention of the founding fathers. Our legislature was supposed to be transparent but thanks to the progressive movement, what we have is a corrupt government going on spending sprees with our tax dollars.
The second duty of the American government is to provide a commander in chief. “The President shall be Commander in Chief of the Army and Navy of the United States, and of the Militia of the several States, when called into the actual Service of the United States; he may require the Opinion, in writing, of the principal Officer in each of the executive Departments, upon any subject relating to the Duties of their respective Offices, and he shall have Power to Grant Reprieves and Pardons for Offenses against the United States, except in Cases of Impeachment. He shall have Power, by and with the Advice and Consent of the Senate, to make Treaties, provided two thirds of the Senators present concur; and he shall nominate, and by and with the Advice and Consent of the Senate, shall appoint Ambassadors, other public Ministers and Consuls, Judges of the supreme Court, and all other Officers of the United States, whose Appointments are not herein otherwise provided for, and which shall be established by Law: but the Congress may by Law vest the Appointment of such inferior Officers, as they think proper, in the President alone, in the Courts of Law, or in the Heads of Departments. The President shall have Power to fill up all Vacancies that may happen during the Recess of the Senate, by granting Commissions which shall expire at the End of their next Session.“ Amendments have allowed the President much more freedom than was intended and we have seen that through the use of Presidential power to commit troops to war. Also, it is likely that, given a neutral or partisan affiliated congress, the President can be assured of seeing a high percentage of their policies instituted during their term in office. This is quite scary given the socialist changes promised by Obama today. If Obama is greeted in the White House by a two thirds majority Democrat Congress, we will see a drastically different America than what we see today, one that will resemble a land more like the USSR in the early 1980’s.
The final duty of the American government is to provide a Supreme Court. “The judicial Power of the United States, shall be vested in one supreme Court, and in such inferior Courts as the Congress may from time to time ordain and establish. The Judges, both of the supreme and inferior Courts, shall hold their Offices during good Behavior, and shall, at stated Times, receive for their Services a Compensation which shall not be diminished during their Continuance in Office.” The Supreme Court was intended to balance the government by adding a system which could be used to affect punishment for violating U.S. law. It was also established to rule on issues based on the ideas created in the Constitution. You’ll notice that the Constitution does not specifically state that the Supreme Court will establish the constitutionality of any law or issue. The reason for that is because later on, in Article IV, the founders wrote in that anything not mentioned specifically in the Constitution shall fall to the individual states to decide upon, otherwise known as States Rights Issues. When the Supreme Court was asked to rule on the constitutionality of laws, part of the founders ideals for the Judicial Powers was eroded. The Constitution is clear in its intention to allow the states to decide for themselves how to establish social policy. Only through progressive reforms such as The New Deal and The Great Society, have we seen the types of powers that the founders sought to ensure did not occur. Judges have been called upon not only to preside of cases of law, but to interpret the Constitution. This was never intended by the founders. Even more egregious is the idea that Supreme Court judges ought to legislate from the bench. It is abundantly clear that the founders only intended laws, such as Roe v. Wade to be legislated by Congress and not by the Supreme Court. More to the point, it’s clear from the language that social policies such as abortion ought to be reserved to the individual states to make the decision. Granting the Supreme Court power to rule on Constitutional issues is a further erosion of the initial intent of the founding fathers. That said, if any such power is to be bestowed upon the Supreme Court, the power should go only so far as to interpret the original intent of the constitution and not to create laws.
All of this exposes the erosion of the Constitution. This also shows the distortion and hijacking of America by progressive socialists. Fannie and Freddie are only the beginning. Just ahead is the bailout of the big 3 automakers and beyond that the oil companies and perhaps a bank or two. With a 9 trillion dollar national debt, and promises to spend trillions more, the question becomes, who pays for this? The shell government does not earn its own cash, the American taxpayers pay for it. Keep that in mind the next time you see a 55 billion dollar government bailout. That’s your 55 billion dollars.