Ron Paul speaks about Housing bill
Posted on July 23rd, 2008 by bile Tags: bailout, credit card, Fannie Mae, fingerprints, Freddie Mac, House of Representatives, housing bailout, inflation, IRS, Ron PaulNot only did they pass a bailout of Fannie and Freddie but they raised the debt limit. Let the good times roll!
Oh and don’t forget fingerprinting morgage brokers and credit card transactions reported to the IRS.
6 Responses to “Ron Paul speaks about Housing bill”
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July 24th, 2008 at 11:53 am
FINAL VOTE RESULTS FOR ROLL CALL 519
July 24th, 2008 at 12:21 pm
Or by state.
July 24th, 2008 at 12:31 pm
“The Treasury secretary would get power to make unlimited equity purchases in and lend to Fannie Mae and Freddie Mac to prevent a collapse in the firms that account for 70 percent of new U.S. mortgages.”
Is that even constitutional? I suppose Congress is allowed to abdicate power of the purse?
July 24th, 2008 at 12:39 pm
Come on now beetlbumjl. You know that likely 95+% of what Congress does is unconstitutional.
To actually answer the question though… no, it’s not. I don’t see anything in the Constitution which gives Congress the ability to delegate powers. To individuals within the legislative branch or without.
July 24th, 2008 at 12:41 pm
Speaking of which… this is why we all should support the Enumerated Powers Act.
July 24th, 2008 at 4:15 pm
Too bad that Dennis Kucinich voted for it.