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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Metacomet who wrote (89654)	11/3/2008 3:58:58 PM
From: Little Joe	1 Recommendation Read Replies (1) of 116555

It rings hollow to me to hear all the criticism of Bush ignoring the constitution, when all pols do and often without any complaint. For example politicians have misused the condemnation powers for years. Reading the clear language of the constitution which forbids takings, except for public use, to mean a very broad expanded public purpose, which according to politicians and fuzzy minded Supreme Court Judges means a city or state can condemn your property to sell to another person who will build some project or another and increase the tax base. Which of course means the state can condemn any one's property. They also interpret the census clause to mean that the government can ask you just about any questions it wants to on census forms and you must answer under penalty of jail. Gee I thought we had privacy rights. yeah right. On a subject we recently discussed on this thread, laws requiring a lender to accept a reduction in the amount of a mortgage loan to account for the dimunition in value of property, which are clearly unconstitutional when passed by states. This is another example. Bush is not alone in ignoring the constitution. Little joe

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