Financial Institution Takeover
Federalist Paper # 2 [paragraph 2]
"...The people must cede some of their natural
rights to the government to give it some powers..."
Federlist Paper # 33
[paragraph 4, 6]
"...The "necessary and proper" clause authorizes
the national legislature to pass those laws that are necessary and proper to
execute the powers listed in the Constition...
"Who judges whether federal laws are necessary and
proper?...the national government, the States and the citizens must judge
the proper exercise of its powers. If the federal government overreaches
its authority and uses its power tyrannically, the people, who created it,
must go to the Constitution. They must correct the injury done to the
Constitution. To determine if a law is constitutional, we must look at
whether the law is based on Constitutional powers.
"Suppose the federal legislature attempts to change
the law of descent in a State. Clearly, this is outside the federal
government's jurisdiction and would trespass on the State's authority.
"Or suppose that the federal government tries to
abolish a State's property tax, saying it interferes with federal revenues.
This would be an invasion of the concurrent tax jurisdiction."*
*quotes from The Federalist Papers: Modern
English Edition Two
We Will Never Forget
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