A New Federalism?

Here, Randy Barnett proposes a constitutional convention that would adopt amendments that return the power of government to the states. Of course, the original Constitution stipulated clearly that the people and state legislatures were to be the source of governmental power. The federal government was strictly limited and subsidiary to the states. But we all know that any regard for what the Constitution says vanished in Washington decades ago.

The American people recently elected a president who clearly believes the Constitution cannot be and should not be taken literally. Instead, BHO believes, as he himself has stated often enough, that the Constitution must be bent, shaped, disregarded and interpreted to accord with modern times.

BHO's belief pretty much makes government a government of people instead of laws, don't you think.? Events of the past 100 days make it entirely clear that BHO intends for the federal government to absolutely control power. Are we the people happy with that? Evidently a majority are; a majority of people elected BHO.

Who remembers who was Secretary of the Treasury before Henry Paulson and Timothy Geithner? Why don't you remember? Because the Secretary of the Treasury has never been so important before the shenanigans started by Paulson (read Bush) and continued by Geithner (read BHO).

By the way, can anyone seriously argue that what the U.S. Treasury and the Fed have been up to for the past several months is not completely outside Constitutional limits? Oh, excuse me; I forgot; the Constitution does not matter. Never mind that every president has sworn to defend it and enforce it. Where is the Supreme Court when we need it most?

If and when Texas secedes from the union---as I have been told it reserved the right to do in its own constitution---many of us will likely move to Texas. That may be the last hope we classical liberals and lovers of liberty have. It's a bit warm there in the summer (which is about 9 months of the year), but that's a small price to pay to enjoy liberty, don't you think?

By the way, if the U.S. Treasury ends up holding voting common stock in the nation's largest banks, you can be certain the value of any common stock you may hold in those banks will plummet rapidly. Witness Fanny and Freddie. Hang on to your hats, and please, let's hush all that bleating.