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But what they do- is they hide behind the constitution- and claim that the constitution was created to prevent the government from regulating the economy. Article 1 section 8 grants congress powers to regulate the economy, and, Andrew Napolitano and others are corporate shills that overlook this fact. It's one thing to argue for economic freedom... it's another thing to say that the constitution prevents the government from regulating it.
To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;
HOW DARE WE ASK FOR TRANSPARENCy OF BANKS- BE IT FROM THE GOVERNMENT- OR FROM THE PRIVATE SECTOR FROM A RATING AGENCY? HOW DARE WE? IT IS EXTORTION!
Do you really think the framers were that stupid- and that they didn't address the issue of regulating the national the economy in the constitution? Article 1 section 8 may have indirectly applied to commerce among the several states, and, between other nations- and with trade- but the founding fathers wanted one of congress' chief duties- to regulate the national economy. They felt that the individual states should do their own particular matters but that congress should be regulating the economy as a whole.
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.