Showing posts with label Dodd-Frank. Show all posts
Showing posts with label Dodd-Frank. Show all posts

Thursday, November 08, 2012

A Little Casuistry Goes a Long Way—Leviathan's Gargantuan Feast.

A Little Casuistry Goes a Long Way: "The Anaconda has swallowed a massive meal—the health and financial sectors of the American economy and it will spend the next four years digesting that voluminous repast. How the States respond to this unconstitutional intrusion of Leviathan into the lives of every citizen will determine the future shape of the Republic—nullification at the State, City and Court level is a means of resistance still available to adherents of constitutional processes."



Review & Outlook: The President's Cliff Walk - WSJ.com

Review & Outlook: The President's Cliff Walk - WSJ.com: "There's little doubt that Mr. Obama has the political whip hand for the moment. The tax increases and defense spending cuts will automatically take effect if Congress and the President fail to act. Mr. Obama could bludgeon Republicans to accept a deal on his terms, then if they balk simply pocket the tax increases as a revenue windfall, while blaming Republicans if there's a recession.

   What that strategy won't do is solve the real problems he's inheriting from his own first term. The deficit is growing by $1 trillion a year and another U.S. credit-rating downgrade beckons as entitlement spending escalates. Above all, the economy is growing too slowly to raise incomes or raise enough revenue for the government.

   The question is whether Mr. Obama wants to solve these problems—or continue demonizing Republicans while getting nothing done." 

   —Getting nothing done?  Some would argue that consolidating Federal control over all health care and financial markets is a big agenda item over the next four years.  Let' see which States stand up and use their 10th Amendment rights to nullify these unconstitutional infringement and encroachments.