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To: long-gone who wrote (71396)	6/9/2001 12:46:06 PM
From: goldworldnet	Respond to of 116767

THIS IS GREAT! * ON CAPITOL HILL Enumerated Powers Act picks up steam Would require Congress to cite constitutional authority for every bill By Julie Foster © 2001 WorldNetDaily.com Next month, a House Judiciary subcommittee is expected to consider a simple measure in Congress that would require all legislation to include a constitutional citation of authority. Sponsored by Rep. John Shadegg, R-Ariz., the one-paragraph proposal's operative sentence states, "Each Act of Congress shall contain a concise and definite statement of the constitutional authority relied upon for the enactment of each portion of that Act." Called the Enumerated Powers Act, this is the measure's fourth introduction into Congress. H.R. 175, this year's version of the proposal, currently has 26 cosponsors. Shadegg said he introduced the measure "to continue the fight against a federal government that is too big and is involved in too many areas which are beyond its constitutional authority. The federal government can no longer ignore the 10th Amendment and run roughshod over the rights and authority the Constitution preserves to the states and to the people respectively." When the founding fathers wrote the Constitution in 1789, they created a national government with far-reaching, but limited, powers, the congressman explained. The prevailing belief at that time was that a national government should be given specific powers, rather than general legislative power. "Forcing the Congress to identify the constitutional authority for its actions, before it passes new laws, is an excellent way to determine where we should and should not be going forward. The simple requirement, established by H.R. 175, will encourage reflection and debate to determine whether or not legislation falls within the power of the states or the people, rather than the federal government," Shadegg concluded. worldnetdaily.com * * *

To: long-gone who wrote (71396)	6/9/2001 2:27:17 PM
From: goldsheet	Read Replies (1) \| Respond to of 116767

Hutch is neither evil or wrong, just has a different opinion. I've been involved in metals (one way or another) since 1965, which means I saw a general upward trend for 15 years, and a downward trend for 21 years. It only leads me to the conclusion that $35 government mandated gold was too low, and the subsequent $850 market price was too high. Prices will continue to fluctuate regardless of how many posts we make telling gold to go up or down. We will all have our chance to be wrong, and be humbled by the markets. I only hope one learns from the experience.