Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: Vendit™ who wrote (42941)	1/1/2013 11:16:52 AM
From: Seismo	7 Recommendations Read Replies (1) of 218710

This is interesting. From Hussman's weekly: "...So now, there’s some talk of the Senate passing a bill and sending it to the House, though this would seem to violate Article I Section 7 of the Constitution, which requires all bills for raising revenue to originate in the House. Then again, the Federal Reserve has repeatedly violated the Federal Reserve Act to encroach on the fiscal authority of the House in recent years (see The Case Against the Fed), so we shouldn’t rule out some novel interpretation of the law on this matter as well." --------------------------------------------------- This is what happens when you start by giving up civil liberties in the name of security. The government, no matter which party in in power, no longer feels bounded by its own rules or laws in ANY area.

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