To: Monsieur Poirot
“”In several state legislatures, a new breed of politicians, often from lower social backgrounds, was passing debt-relief measures, most notoriously by issuing inflationary paper money. Such legislative action, Madison believed, was an attack on the rights of creditors and amounted to the few being plundered by the many.2””
Mr. Madison!!! They’re back!
3 posted on
01/05/2009 10:36:10 AM PST by
AuntB
(The right to vote in America: Blacks 1870; Women 1920; Native Americans 1925)
To: AuntB
"Congress shall have the power to
coin money."
The US Constitution.
L
8 posted on
01/05/2009 10:50:36 AM PST by
Lurker
("America is at that awkward stage. " Claire Wolfe, call your office.)
To: AuntB
"I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents." --James Madison
10 posted on
01/05/2009 11:37:28 AM PST by
Bloody Sam Roberts
(Ronald Reagan had a vision of America. Barack Obama has a vision of Barack Obama.)
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