Suppose someone started the “SS Titanic Investment Corporation”. Suppose you could get in now at the ground floor (or perhaps I should say at the “ocean floor”) by investing $10,000 for a 1% interest in the S.S. Titanic. True, that ship is currently “wet docked” at the bottom of the North Atlantic. But—technologically speaking—it may [...]
Entries Tagged as ‘Treason’
April 19, 2009
Legal Tender Treason
Article 3 Section 3 Clause 1 of The Constitution of the United States declares in part,
“Treason against the United States, shall consist only in levying War against them, or in adhering to their Enemies, giving them Aid and Comfort.”
Surprisingly, to understand the meaning of “treason” we must first understand the meaning of the [...]
September 27, 2008
Bush and the “Root Cause”— a Financial or Constitutional Crisis?
Last Wednesday, September 24th, A.D. 2008, President Bush spoke on national TV to explain the current “financial” crisis and propose a solution. Excerpts from his speech and my comments follow:
“Most importantly, my administration is working with Congress to address the root cause behind much of the instability in our markets.”
July 28, 2008
Legal Tender and Treason
The single most important section of the Constitution of the United States may be Article 1 Section 10 Clause 1 which declares in part, “No State shall . . . make any Thing but gold and silver Coin a Tender in Payment of Debts.” The modern significance of this clause flows from the fact [...]
