Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (44073)	3/26/2002 1:30:43 PM
From: The Freep	Read Replies (1) \| Respond to of 99280

Just to finish up this OT convo. . . are you saying then, davidd, that the mere existence of the Federal Reserve is unconstitutional? the freep

To: NOW who wrote (44073)	3/26/2002 1:31:47 PM
From: Math Junkie	Read Replies (1) \| Respond to of 99280

And where in the Constitution does it say that Congress can't set up agencies to perform those functions? If you're claiming that they can't, then you're effectively saying that the power to coin money, for example, can only be exercised by members of Congress personally manning the machines at the mint. The fact that the Constitution gives these powers to Congress is why the Federal Reserve chairman is required to report to Congress on a regular basis.