The Mexican War 1846-48 involved unpaid debts to Americans, a desire for West coast territory, and the issue of Texas whose independence was not recognized by Mexico. The Southern boundary was in dispute also.
The Alien and Sedition Acts of 1798 had criminalized excessive criticism of government. Jefferson feared it would be used in a partisan way. The Acts violated the Tenth Amendment by encroaching on a state prerogative.
This is a difficult issue. Most of the controversy is from Section One. What exactly does the first sentence mean? If the Fourteenth Amendment was in fact intended to bind the states to the Bill of Rights that the federal government could enforce, then it dramatically increases the police power of the federal government.
Recorded at the Mises Institute on 15 June 2005.
Communist Parties are still alive and well, even in post-communist countries. Luca Ferrini speculates that the larger the state, the more it corrupts the mind and the culture. Communism means never having to leave the nest.
The founder of the Chicago School, Frank Knight, was an avowed egalitarian. Rousseau was his influence. Jacobins believed in mass democracy and politics as the only way to implement their ideas. They hated aristocrats and religious leaders. Knight believed in progressive taxation. He wanted neocon social democracy.
Monetary inflation is the key way to bring about economic fascism. Fascism was a spending, borrowing government, militarism, imperialism, and a planned economy. Keynes’ followers came to power in the 60s with the Kennedy administration. Nixon went on to impose wage and price controls.
We went from tariffs being the major source of federal government revenue to what we have today under the income tax and payroll taxes.
Although the FairTax would eliminate the filing of all individual tax returns, writes Laurence Vance, the FairTax turns every business into a tax collector.
