Ravi
Diamond Member
lol...I knew you'd say that. SCOTUS has a job...interpret the law. Once they make a decision on the constitutionality of an issue it is constitutional. Until that time when someone rechallenges and we get a new ruling. As far as I know that hasn't happened. I'm not saying SCOTUS is always right, I disagree with them often. But rules are rules.It doesn't state it but the commerce clause and the neccesary and proper clause taken together mean that yes they can. I'm pretty sure SCOTUS decided this back in the 1800s...and how else do you think the Federal Reserve exists?Except that the powers of the federal government are stated in the Constitution, and only those powers listed are legitimate powers of the federal government. The general welfare clause gave no powers to the government. No where in the Constitution does it say that Congress can regulate or take over financial institutions.
Like I said, I don't think we'll agree on this.
Wait... You mean the federal government decided that these "clauses" in the Constitution allows the federal government to have more power? I'm shocked.
The Federal Reserve exists unconstitutionally.