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The Supreme Court’s health care showdown last month was all about Constitution theory and prerogatives. Wednesday’s arguments between Arizona and the Obama administration over the state’s tough immigration law looks to be all about power. Arizona argues that the federal government has failed to enforce its laws on the books and says states should be free to enforce their own laws as long as they complement the national goals. Obama attorneys say the Constitution gives power [...] Yesterday, Ben Bernanke dedicated his entire first propaganda lecture to college student to the bashing of the gold standard. Of course, he has his prerogatives: he has to validate a crumbling monetary system and the legitimacy of the Fed, first to schoolchildrden and then to soon to be college grads encumbered in massive amounts of non-dischargeable student loans. While it is decidedly arguable that the gold standard may or may not have led to the first [...] |
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