can any show me why the fed is unconstitutional ?

[nbhadja]

Im trying to explain it to people. They want to see where exactly in the constitution it says that.

Thanks

[-lotus-]

Its the fact that it ISNT in the constitution...at least not till 1913 when the federal reserve act was enacted.

[nate895]

There is no authorization for it in the Constitution, therefore, it's unconstitutional.

[RonPaulFever]

I think the biggest conflict between the Founders was whether or not to establish a central bank. In the end, they decided against it. That should be reason enough, besides the fact that there is no constitutional authority for a central bank.

[AJ Antimony]

That's the thing. The Constitution never authorizes the federal government to have a national bank.

Under the Jeffersonian, or, strict interpretation of the Constitution, that fact along with the 9th and 10th amendment make the Fed, the national bank, unconstitutional.

In order for the Fed to be constitutional, then the Constitution would have to say Congress has the power to create a central bank. It doesn't, so, under a strict interpretation, the Fed is unconstitutional.

[AJ Antimony]

Its the fact that it ISNT in the constitution...at least not till 1913 when the federal reserve act was enacted.

The Federal Reserve Act did not amend the Constitution to include the Federal Reserve. The Act was a simple act of Congress, or a law.

[Jeremy]

10th Amendment says if it's not in the Constitution, it has to be left to the states

[PeacePlan]

Congress should be regulating it and we should be using Gold/Silver..



Section 8 - Powers of Congress
The Congress shall have the power

1. 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:

2. To borrow money on the credit of the United States:

3. To regulate commerce with foreign nations, and among the several states,and with the Indian tribes:

4. To establish an uniform rule of naturalization, and uniform laws on the subject of bankruptcies throughout the United States:

5. To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures:

6. To provide for the punishment of counterfeiting the securities and current coin of the United States:

7. To establish post-offices and post-roads:

8. 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:

9. To constitute tribunals inferior to the supreme court:

10. To define and punish piracies and felonies committed on the high seas, and offences against the law of nations:

11. To declare war, grant letters of marque and reprisal, and make rules concerning captures on land and water:

12. To raise and support armies, but no appropriation of money to that use shall be for a longer term than two years:

13. To provide and maintain a navy:

14. To make rules for the government and regulation of the land and naval forces:

15. To provide for calling forth the militia to execute the laws of the union, suppress insurrections and repel invasions:

16. 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:

17. 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,

18. 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.

Section 9 - Provision as to migration or importation of certain persons. Habeas Corpus , Bills of attainder, etc. Taxes, how apportioned. No export duty. No commercial preference. Money, how drawn from Treasury, etc. No titular nobility. Officers not to receive presents, etc.
1. The migration or importation of such persons as any of the states now existing shall think proper to admit, shall not be prohibited by the Congress prior to the year 1808, but a tax or duty may be imposed on such importations, not exceeding 10 dollars for each person.

2. The privilege of the writ of habeas corpus shall not be suspended, unless when in cases of rebellion or invasion the public safety may require it.

3. No bill of attainder or ex post facto law shall be passed.

4. No capitation, or other direct tax shall be laid unless in proportion to the census or enumeration herein before directed to be taken. (Modified by Amendement XVI)

5. No tax or duty shall be laid on articles exported from any state.

6. No preference shall be given by any regulation of commerce or revenue to the ports of one state over those of another: nor shall vessels bound to, or from one state, be obliged to enter, clear, or pay duties in another.

7. 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.

8. No title of nobility shall be granted by the United States: And no person holding any office or profit or trust under them, shall, without the consent of the Congress, accept of any present, emolument, office, or title, of any kind whatever, from any king, prince, or foreign state.

Section 10 - States prohibited from the exercise of certain powers.
1. No state shall enter into any treaty, alliance, or confederation; grant letters of marque and reprisal; coin money; emit bills of credit; make any thing but gold and silver coin a tender in payment of debts; pass any bill of attainder, ex post facto law, or law impairing the obligation of contracts, or grant any title of nobility. ]

[Feelgood]

Im trying to explain it to people. They want to see where exactly in the constitution it says that.

Thanks

http://greatdepressiondeux.com/modules.php?name=Flash_Player&op=fp_file&id=6

Watch and learn for yourself. One of the best documentaries done on the subject.

[Omphfullas Zamboni]

Hi,

When talking about the Constitutionality of a thing, I think the phrase extra-Constitutional is more precise than unconstitutional.

Extra-Constitutional = Not expressly authorized in the Constitution, whereas unconstitutional would tend to bring to mind Supreme Court decisions...

Regards,
Omphfullas Zamboni

[rockandrollsouls]

Those powers were not granted to congress by the Constitution. The 10th amendment says any powers not given to the federal government are delegated to the states. That power was not granted to congress, therefore they did not have the authorization to charter the Fed.

In fact, congress does not have the authorization to do many of the things they do.

[Pete]

This is a fantastic documentary:

FIAT EMPIRE - Why the Federal Reserve Violates the U.S. Constitution (http://video.google.com/videoplay?docid=5232639329002339531)

[BeFranklin]

Among other things,
Article 1
Section 10

No State shall .. make any Thing but gold and silver Coin a Tender in Payment of Debts.

VS what is printed on federal reserve notes (ie dollars):

"LEGAL TENDER FOR ALL DEBTS PUBLIC AND PRIVATE."

This is untrue. This is what gives paper money its actual value, which is why its printed there.

[V4Vendetta]

Im trying to explain it to people. They want to see where exactly in the constitution it says that.

Thanks

article 1 section 8

The Federal Reserve is not Congress

[rockandrollsouls]

article 1 section 8

The Federal Reserve is not Congress

Well, to be honest the federal reserve does not "print" or coin money. It does expand the money supply, though.

[BeFranklin]

article 1 section 8

The Federal Reserve is not Congress

It was created by an act of Congresss, which was unconstitutional.

Text of H.R. 2755: Federal Reserve Board Abolition Act
Sponsor - Ron Paul

http://www.govtrack.us/congress/billtext.xpd?bill=h110-2755