My “Honey Do” list for our nation is typical – things that need to be fixed. Most of the fixing involves correcting things done in Washington that were illegal, immoral or unconstitutional, with an occasional mistake thrown in. The list is long — too long to list in just one printing because the supporting material to show the actions are illegal, immoral and/or unconstitutional is lengthy. But we can start.
1. Audit the Federal Reserve System – The Federal Reserve System (the Fed) is the central bank for the United States. It is a cartel of private banks that charge our government six percent annual interest on all money they create out of thin air and loan to our government to pay our debts. The Constitution grants the Federal government the right to coin (mint) money, but Congress lacks authority to delegate that power to others.
The Constitution did not grant the Federal government the right to issue unbacked paper money, so Congress does not have the authority to grant that right to the Fed. The Fed has loaned billions of dollars to private institutions at no or very low interest rates; many of those institutions in turn loaned the money to the Federal government at higher interest rates in T-bill auctions.
The Fed also used trillions of American dollars to purchase foreign debts to keep foreign economies afloat. We would know nothing about those events if Congressman Ron Paul had not been successful in getting Congress to authorize a watered-down audit of the Fed. Let us conduct a full audit and see what else has been going on.
2. Deny Trade Promotion Authority to the Executive Branch for “Free” Trade Agreements – The Administration has again asked Congress for Trade Promotion Authority (TPA). This time it is for two “free trade” agreements in current negotiation: the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP).
TPA, also known as “fast track authority,” grants the administration authority to negotiate trade agreements with foreign nations and receive an up or down vote from Congress within a limited time period, and without amendments. The Congressmen barely have time to read the agreements; let alone study them, to ascertain if the agreements (they are treaties) contain verbiage detrimental to US interests. Congress has always passed agreements for which they granted TPA.
“Free trade” agreements, if truly free, could be written on a single page. After all, our Constitution, governing an entire nation, was originally written on four pages. Typically, free trade agreements negotiated with TPA, cover hundreds of pages and take thousands of words to describe their content. Why? Digging deeper, critics have found 80 percent of trade negotiations include regulations on health care, climate change, Common Core in schools, “Sustainable Development,” homeland security, national defense, taxes, international courts that supersede our domestic state supreme courts and the federal Supreme Court, banking and much more.
Article I, Section 8 of the Constitution authorizes Congress (not the Administration) “to regulate commerce with foreign nations.” Awarding TPA to the Executive Branch concentrates more power in one branch of the Federal Government than our Founding Fathers thought wise. Multilateral trade agreements, such as the North American Free Trade Agreement (NAFTA), set up new multilateral boards and tribunals that regulate US trade.
The members of the boards and tribunals are not elected, and are not accountable to the US government or its people. Those multilateral entities are a clear violation of the US Constitution because the Federal government lacks authority to create them or bind the States to adhere to their rules and regulations.
Congressmen and the American people are denied access to the free trade negotiations, but selected CEO’s have full access and quickly discover which foreign nations will be given advantages over their American competitors. Is it any wonder our manufacturing capabilities are being located overseas?
Another objection to authorizing TPA is that economic integration leads to political integration, and loss of sovereignty for the nations involved. A prime example is the European Union, or EU. It started with a series of free trade agreements in 1950. Now, 28 formerly sovereign European nations find themselves ruled by a new supranational entity, the EU. Their citizens don’t even get to vote for the EU governing authorities.
To be continued…
Al Kuchinka is a local resident and columnist.