Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks, Bitcoin, Gold and Silver Markets Brief - 18th Feb 25
Harnessing Market Insights to Drive Financial Success - 18th Feb 25
Stock Market Bubble 2025 - 11th Feb 25
Fed Interest Rate Cut Probability - 11th Feb 25
Global Liquidity Prepares to Fire Bull Market Booster Rockets - 11th Feb 25
Stock Market Sentiment Speaks: A Long-Term Bear Market Is Simply Impossible Today - 11th Feb 25
A Stock Market Chart That’s Out of This World - 11th Feb 25
These Are The Banks The Fed Believes Will Fail - 11th Feb 25
S&P 500: Dangerous Fragility Near Record High - 11th Feb 25
Stocks, Bitcoin and Crypto Markets Get High on Donald Trump Pump - 10th Feb 25
Bitcoin Break Out, MSTR Rocket to the Moon! AI Tech Stocks Earnings Season - 10th Feb 25
Liquidity and Inflation - 10th Feb 25
Gold Stocks Valuation Anomaly - 10th Feb 25
Stocks, Bitcoin and Crypto's Under President Donald Pump - 8th Feb 25
Transition to a New Global Monetary System - 8th Feb 25
Betting On Outliers: Yuri Milner and the Art of the Power Law - 8th Feb 25
President Black Swan Slithers into the Year of the Snake, Chaos Rules! - 2nd Feb 25
Trump's Squid Game America, a Year of Black Swans and Bull Market Pumps - 24th Jan 25
Japan Interest Rate Hike - Black Swan Panic Event Incoming? - 23rd Jan 25
It's Five Nights at Freddy's Again! - 12th Jan 25
Squid Game Stock Market 2025 - 5th Jan 25

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

The Day The U.S. Constitution Died

Politics / US Politics Jun 29, 2012 - 04:12 AM GMT

By: Submissions

Politics

Best Financial Markets Analysis ArticleJohn Rolls submits: Michael Connelly writes: It is June 28, 2012 and on this day in history five Justices of the U.S. Supreme Court joined with President Obama and members of Congress to declare the U.S. Constitution and our free Republic dead. The justices accomplished all of this by issuing a bizarre opinion on the Constitutionality of the “Affordable Health Care Act” commonly known as Obamacare.


In August of 2009 I wrote my first blog article on the Constitutionality of the proposed health care bill, H.R. 3200. I noted a number of Constitutional objections to it with the primary one being the violation of Article, Section 8, of the Constitution that limits the powers of Congress. I argued that nothing in that article, including the Commerce Clause, gave Congress the power to either regulate health care, or to turn over the power to do so to the Executive Branch of government.

Ironically, the Supreme Court agreed with me today on the Commerce Clause issue, but then did something that by its own past admissions; it has no Constitutional authority to do. The Court took a clearly unconstitutional law passed by Congress and essentially rewrote it in order to declare it Constitutional. I’m referring specifically to the “penalties” imposed on Americans who fail to comply with the individual mandate requiring them to buy health insurance. Under the law, these people can be “fined” by the IRS for non compliance.

If you remember, when Obamacare was being proposed, the President, members of his cabinet, Democrats in Congress, and members of the mainstream news media were all assuring the American people that this was not a new “tax.” Now, John Roberts, the Chief Justice of the Supreme Court has written a majority opinion saying essentially that these were all lies, but he is going to fix it by declaring that this is a tax, and therefore falls within the powers of Congress.

In a nutshell, we have a situation where the Congress passed a law that it had no authority under the Constitution to pass, and that further unconstitutionally granted extraordinary new powers to the Executive Branch, that are not authorized by the Constitution. Now, we have the U.S. Supreme Court upholding this, and making a power grab of its own by saying that it can ignore the Constitution and rewrite the laws passed by Congress.

The implications of this are staggering. The Supreme Court has now decided that the Federal government can use its powers of taxation to force the American people to do its will, even if individual freedoms guaranteed by the Bill of Rights are taken away in the process. Obama is already using the authority of the health care law to attack freedom of religion, and now when can expect him to go much further.

Imagine this, you are obese and the government declares that since that is a danger to your health, you will be taxed if you don’t lose weight. If you have dangerous weapons in your homes like firearms, and Obama orders you to surrender them to the Federal government, you can be taxed if you fail to do so. What about going to political websites on the internet that the Feds decide are inappropriate and endanger your emotional well being; there is a tax for that.

It sounds incredible, doesn’t it? Unfortunately, it could all happen as a result of today’s Supreme Court decision. Justice Roberts and the other four Justices who signed off on this opinion have increased the power of the Federal government far beyond what was intended by the founding fathers who wrote the Constitution, and for that matter the Declaration of Independence.

Today, the Constitution and our Republic were given the last rites by the progressives on the Supreme Court, but I am not ready to kick the dirt in on our freedom yet. I believe that many Americans are not just angry, but are as infuriated as I am. The election in November, if we are allowed to have a free and fair one, is one that must be won across the board. If Obama is re-elected and Democrats continue to control the Senate, then the demise of the United States will be official.

Well, maybe not. There is one other alternative and it is stated clearly in the Declaration of Independence when Thomas Jefferson wrote about our inalienable rights:

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness. That to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed. That whenever any form of government becomes destructive to these ends, it is the right of the people to alter or to abolish it, and to institute new government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their safety and happiness.”

Perhaps it would be wise for those who are celebrating the death of America today, to remember that as long as there is one American left that is willing to defend the Constitution and the Republic, there will always be a spark of life that has not been extinguished. I intend to be one of those sparks.

Michael Connelly

mrobertc@hotmail.com

www.michaelconnelly.jigsy.com

www.constitution.jigsy.com

© 2012 Copyright  Michael Connelly - Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in