Our self-proclaimed “representatives” have decided that their multi-trillionaire friends (donors) are more important to them than the American People, their oaths of office, or even the US Constitution. By an overwhelming majority, the House today passed the Trillionaire Bailout Bill to give $700 BILLION to a small group of bankers and investors who, through their own greed, deceit, and arrogance have managed to not make as much money from the American people as they wanted.
If there are 300 million citizens in our country, that means that every man, woman, and child is going to be forced, under full penalty of law (force) to pay $2300 to the multi-trillion dollar mega-banks and investment firms (who can afford to pay their officers a million dollars each). Can you say “corporate welfare?” I thought you could. Don’t forget the interest on this $700 Billion you will also owe. I guess it’s not really fair to say that “you” owe it. Your children owe it. Their children too. AND you.
The bill that was passed today by the House oddly enough originate in the Senate. The House had voted on their own version earlier in the week, but it was defeated by a large margin. Apparently the Senate decided that they could not wait ay longer and originated their own bill, passed it, and sent it to the House. I guess they never read Article 1, Section 7.
Remember that the Constitution spells out exactly what powers are granted to it by the people. It can not enlarge its powers or expand its reach. The things over which it has any authority at all are enumerated in Article 1, Section 8:
Article 1, Section 8
The Congress shall have power To lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defence and general welfare of the United States; but all duties; imposts and excises, shall be uniform throughout 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 an 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 offences 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 erection 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.
That’s it! They have no other power or authority. They will probably claim that this corporate welfare bill “provides for the general welfare” of the United States. It’s “welfare” all right, just not very general, and certainly not for the United States. I guess it’s really good for a small group of really rich and influential bankers and investors (those same poor mega-conglomerates and trillionaires who, to satisfy their boundless greed, got that way by ripping you off in the first place.)
So, a Bill which generates revenue was originated in the wrong house of Congress is unConstitutional. A Bill which steals from the poor and middle class to benefit the wealthy is not only unConstitutional but also immoral. A Bill which deals with areas in which the government has no authority (moral or legal), such as a free market economy can have no legal force.
When the trillionaires get their multi-million dollar ‘economic stimulus checks,” I wonder if they have to at least pay taxes on them? After all, the IRS is going to need a LOT of extra money to collect these billions from you and your children.