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To: Scooter100

Congress does not have the authority to print money. Go back and read the Constitution.


23 posted on 11/25/2012 6:26:29 PM PST by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: Lurker

False - they have the power to coin money correct?

Yes or no?

Coinage is supposed to be in gold or silver


24 posted on 11/25/2012 6:27:55 PM PST by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: Lurker
I have read the Constitution, many times. But did you know that....the definition of "coin" is also: to make; fabricate; invent; as in "to coin a phrase". How are we to reconcile this definition with the words of Article I, Sec. 8, Clause 5?

Certainly, when we watch the entire film, there has apparently been serious dispute with this concept, especially from the bankster world (who'd have guessed?). Regardless, the SCOTUS has, according to "The Heritage Guide to the Constitution" (2005), held that the federal government's monetary power was "inherent in its sovereignty". What that means is anyone's guess, but it is clear from the film that precedent was set (many times) and that the government has often printed money in the past, "greenbacks" being just one example.

I have mixed feelings on this topic. To sum up, anyway, I was just posting about a great film I saw and am recommending FP's watch it. (BTW, if you haven't, you should)

27 posted on 11/26/2012 5:06:20 AM PST by Scooter100 ("Now that the fog has lifted, I still can't find my pipe". --- S. Holmes)
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