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The False Premises of Government’s Bailout Lie

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Published on: March 5, 2015

In all this bailout business there is a common underlying and unspoken premise. The premise is that government – civil government – can actually do something to improve the economic vitality of the county, the state, the region and the country or the world.

Here’s the bad news – the premise is a false one.

Will this presidential election be the most important in American history?

Government – and by government here I mean the civil government – as distinguished from the church or the family or the individual – can’t do anything to improve the economy. It can’t create jobs, and for the president to continue to talk of such is nonsense. It can’t affect the climate, assuming that it needs any correcting; and it can’t bring about world peace – this should be eminently clear by now.

In fact, it should be quite clear to us by now that government really doesn’t do anything well. It blunders and bumbles and pretty much ruins everything it touches.

So, why do we keep thinking it will do something right? How many government run catastrophes do we need to learn this lesson?

But here’s the more important point — the critical (legal) point from the American, Constitutional view:

Even if it could do any of these things – which it can’t do any better than it handled hurricane Katrina — it doesn’t have the authority to do any of them. Let me be clear – for the Federal government, under the executive direction of Barack Obama, to attempt any of the foolish, impossible things he is promising, is unlawful. Let me be as clear as possible. The president has shown himself a criminal by attempting to do that which is not authorized in Article II of the Constitution of these united States.

He is not authorized to spend money from the treasury for jobs programs — or for banking viability or for smart growth, or for undeclared wars, or for health care, or for education, or for energy regulation.

How do I know this? I read the Constitution. Article I Section 8 lists eighteen areas where spending is authorized and only if it’s for the general welfare, i.e. not for the specific benefit of a select few, or a certain subsection of the population, such as the elderly, or those with children, or those with a specific disability.

Who keeps the president from breaking the law when he so brazenly declares that he will do so? Well, Congress and the courts are supposed to do this, but they don’t seem to know that they should or they don’t care. In either event, they don’t do their sworn duty and stop him. Sometimes they posture and preen and then they go along with the criminality, in one way or another.

In fact, they regularly engage in their own lawbreaking, oftentimes justifying it by expediency.

For example, Senator Harry Reid, Barack Obama and Nancy Pelosi keep saying “Doing nothing is not an option.”

Well, sure it is.

In fact, doing nothing is the only legal option that government has. And our experience has shown it would work.

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