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?Pieces of Eight?: The Constitution and the Dollar

By ADF Alliance Alert

Seth Lipsky writes at the Wall Street Journal full access via Google:  "Vieira believes the Federal Reserve is unconstitutional on, among other points, the same grounds that FDR's National Recovery Administration was found unconstitutional?namely that Congress had delegated too much of its own law-making responsibilities. He is less harsh toward Fed officials. 'I don't basically attribute either greed, stupidity or evil to these people,' who are 'caught up in this extraordinarily difficult position,' he says. But Mr. Vieira believes the federal government has gone way past what would have been red lines for the Founders?and that we are now in a 'race against time' over 'which happens first, the crisis or the reform.' He finds himself in an isolated spot. Those who want to secede from the Union don't call him, he says, because "I'm against secession.' Nor do the paper money people, because 'I point out that paper money is absolutely unconstitutional." The gold standard people don't call, "because I point out that the constitutional standard is silver.'"

Full post as published by Constitutionally Correct on June 01, 2010 (boomark / email).