Thursday, September 18, 2008

Poor governance creates poor policy

We all watched in horror this week as the Fed started balling out the big financial institutions and then big Insurance conglomerate AIG.

So what’s the big deal?

Well, if you watched Glenn Beck’s show last night, you would understand that this is very UN-Constitutional. Here are part 1 and 2 of Glen’s interview with Ron Paul.

Part 1

Part 2

Also in the Michigan news is and article by Olivia Pulsinelli published in the Michigan Business Review.

Regional Policy Conference: Governance, not auto, to blame for Michigan's economy

Economist Robert Genetski called out Michigan's governance, not the auto industry, as the cause of a poor economy.

Genetski, Heartland Institute policy adviser, offered research that showed Michigan's decline from being one of the healthiest economies in the nation in the 1960s to the poorest in the nation the past five years.

"Michigan ranks 50 out of 50 states," he said.
Although many blame the state of the manufacturing industry for the state's tough economic position, Genetski disagrees.

"Poor governance creates poor policy. That's what we have," he said.
He said Michigan governance is moving away from classic principles of a strong economy: low tax rates, free markets, protecting individual property rights and stable prices.

He held up the Michigan Business Tax, which passed quickly last year in a marathon legislative session, as an example of poor public policy. The MBT is the third highest tax in the country, he said, behind California and New York.

"Eliminate this tax entirely," he recommended.

He also blasted so-called "corporate welfare."

Corporate welfare is what the Federal Reserve is handing out as well as Michigan’s administrative government.

This means that you, your children and even your yet to be born grandchildren will foot the bill for bad business practices and bad government.

Now the Feds are proposing another agency to oversee and hand out more welfare to corporations who need YOUR money to bail them out.

When are the people going to say enough is enough?

When are we as a people going to enforce our Constitution and Bill of Rights?

Maybe we all need a refresher course on our Rights. Here is an article published in the Yale Law Journal in March, 1991 by Professor Akhil Reed Amar.

ARTICLE: The Bill of Rights as a Constitution.

So too with the petition clause. I have argued elsewhere that whenever a
majority of voters so petitioned, Congress would be obliged to convene a
constitutional convention, just as it would be when presented with "Application
of the Legislatures of two thirds of the several States" under Article V. 116 The
key textual point here is that the Amendment explicitly guarantees "the right
of the people" to petition -- a formulation that decisively signals its connection
to popular sovereignty theory and underscores Gordon Wood's observation that
the ideas of petition, assembly, and convention were tightly intertwined in
eighteenth-century America. 117 The precursors of the petition clause suggested
by state ratifying conventions had obscured these connections. Each of the
four conventions spoke of the "people's" right to "assemble" or to alter or
abolish government (and as we have seen, these two rights were closely
linked); yet each convention described the right of petition in purely individualistic language -- a right of "every freeman," "every person," or "every
118 Under these formulations, petition appeared less a political than a
civil right, akin to the right to sue in court and receive due process. 119 The
language and structure of our First Amendment suggest otherwise. As with
assembly, the core petition right is collective and popular.

To be sure, like its companion assembly clause, the petition clause also
protects individuals and minority groups. Stephen Higginson has persuasively
shown that the clause was originally understood as giving extraordinary power
to even a single individual, for the right to petition implied a corresponding
congressional duty to respond, at least with some kind of hearing. 120

As of this time, 82,490 have signed the Petition for Redress regarding the Federal Reserve. You can click here to read the petition.

You can click here to read all 7 Petitions for Redress that We as a Free and Self-Governing people should be demanding answers to.

Are we going to sit by and watch our do nothing Congress sell this country out to there Private Bankers called the Federal Reserve. This is not a Government Agency People. It is a private Bank handing out credit to Congress with YOUR promise to pay. Think about it.

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