“Big Labor” and a host of prominent economists announced their support over the weekend for efforts to “Audit the Fed.” These efforts are growing stronger as the bipartisan coalition for Federal Reserve transparency continues to build momentum. But the Obama administration and the banking cartel are pushing back.
For all those who look to the Republican Party for defense of limited government, personal liberty, and constitutional restraint, you better look elsewhere. Although the GOP has consistently attacked the idea of the value-added tax (VAT) since it was first floated by Democrats in Congress and the West Wing, there are now a handful of Republicans that have signed on to the proposition.
Article IV, Section 4 of the United States Constitution states in part: “The United States shall guarantee to every state in this union a republican form of government, and shall protect each of them against invasion.” The second of those clauses is the source of a great controversy surrounding Arizona’s recent enactment of legislation criminalizing illegal immigration status in that state.