China will join the [tiny] club of nations whose currencies make up the international reserve basket. The basket is called Special Drawing Right (SDR) and the International Monetary Fund reviews its contents every five years, including 2015. SDR Basket Weights: The revised SDR basket will be based on the following weights: 41.73% for the U.S.…
President Madison On The Role Of The States: “the states who are parties thereto, have the right, and are in duty bound, to interpose for arresting the progress of the evil, and for maintaining within their respective limits, the authorities, rights and liberties appertaining to them.” ~ President James Madison Supremacy Clause has been abused…
Most Americans believe that the federal government stands absolutely supreme. Nobody can question its dictates. Nobody can refuse its edicts. Nobody can resist its commands. This is simply not true. States Don’t Have to Comply: The Anti-Commandeering Doctrine Laws passed in pursuance of the Constitution do stand as the supreme law of the land. But that doesn’t…
Can there be a more fruitful source of dispute, or a kind of dispute more difficult to be settled? – James Madison speaking at the Constitutional Convention of 1787 on the spending bill battles between the House and Senate that would occur. As the “Government Shutdown” puppet show continues its run in Washington, D.C., there…
“Fascism should more properly be called corporatism because it is the merger of state and corporate power.” — Benito Mussolini On 29 April 1945, the bodies of Mussolini, Petacci, and the other executed Fascists were loaded into a moving van and trucked south to Milan. After being shot, kicked, and spat upon, the bodies were…
