10th
During the fiscal year of 2010, US government spending totaled $3.46 trillion. In the same year, the government collected $2.16 trillion in taxes. 43% of the federal budget went to Social Security, Medicare and Medicaid, 20% of the budget went to the Defense Department, and the other 37% was reserved for mandatory fees. The breakdown of tax revenue is: 42% from Income Tax, 40% from Social Security and Social Insurance, 9% from Corporate Income Tax, 3% from Excise, and 6% from miscellaneous taxes.
countries have gold reserves just in case they run out of glittering gold and if they run out of reserved gold there bugered
Answer OK - let's keep it simple you say the "Federal Reserve acts as a regulatory agency". But there is no governmental control according to the SUPREME COURT OF THE UNITED STATES No governmental control= UNCONSTITUTIONAL. Lewis v. United States, 680 F.2d 1239 (1982) the court ruled that the Federal Reserve Banks are "independent, privately owned and locally controlled corporations", and there is not sufficient "federal government control over 'detailed physical performance' and 'day to day operation'" of the Federal Reserve Bank for it to be considered a federal agency: Congressional Attempts to Control the Fed (quotes courtesy of site linked below - quotes not under copyright) 1937 Rep. Charles G. Binderup of Nebraska 1952 Rep. Wright Patman of Texas ( House Banking Chairman) "In fact there has never been an independent audit of either the twelve banks of the Federal Reserve Board that has been filed with the Congress ... For 40 years the system, while freely using the money of the government, has not made a proper accounting." Patman RE: Federal Open Market Committee "one of the most secret societies. These twelve men decide what happens in the economy ... In making decisions they check with no one -- not the President, not the Congress, not the people." Patman also said: "In the United States we have, in effect, two governments ... We have the duly constituted Government ... Then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve System, operating the money powers which are reserved to Congress by the Constitution." 1971 Rep. John R. Rarick of Louisiana introduced H.R. 351: "To vest in the Government of the United States the full, absolute, complete, and unconditional ownership of the twelve Federal Reserve Banks." He said: "The Federal Reserve is not an agency of government. It is a private banking monopoly." He was later defeated for re-election. 1980's, Rep. Phil Crane of Illinois called for the repeal of the Federal Reserve Act. In 1980 congress passed the Monetary Control Act,it gave the Federal Reserve control of all banking institutions. The majority of the post below was plagiarized from two websites - see links. Answer You know, whenever I hear what I think are just crazy questions like this...one of my first thoughts is: Just for a second...say it was even remotely possible that all those very involved, dedicated people, on all sides of the discussion, knew it was so...why would they keep it hidden...but even more importantly....what do you think... would it take even 5 minutes to correct it and just pass a law, or whatever is needed, allowing it? Maybe less. Then of course...I think your probably so confused that your not asking about anything even related to what you think...I suspect you want to challenge the Constitutionality of an income tax...(which by the way is addressed in the 16th amendment). Not the Federal Reseve..which is defined below and is really just a method for orderly banking and I can't imagine being a Constitutional issue.
Economic system in which the principal means of production, distribution, and exchange are in private (individual or corporate) hands and competitively operated for profit. A mixed economycombines the private enterprise of capitalism and a degree of state monopoly, as in nationalized industries and welfare services.Most capitalist economies are actually mixed economies, but some (such as the US and Japanese) have a greater share of the economy devoted to free enterprise.his article is © Research Machines plc 2009. All rights reserved. Helicon Publishing is a division of Research Machines plc. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
The direct opposite of a traditional auction. The bidders list their product or service requirements and the maximum price they are willing to pay for it. Potential sellers who can provide the good or service reverse bid against each other by posting their bids for buyers. The bidder offering the requested products or services at the best price wins the bid.
10nth
Tenth Amendment .....amendment that states rights not specifically given to the federal government are reserved for the states and the people
It says that all powers not specifically given to the federal government in the Constitution are reserved for the States.
It reserved to the states and the peoples all powers not specifically delegated to the federal government
Freedom of speech is the first amendment. The tenth amendment says that those powers that are not specifically given to the federal government by the U.S Constitution are reserved for the states, or people. unless the constitution specifically prohibits it.
No, actually the reverse. The Constitution states that all powers not specifically granted to the Federal Government are reserved for the state.
That is the 10th Amendment, which states: "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."
Under the Tenth Amendment of the US Constitution, the powers not delegated to the federal government are reserved to the states or the people.Amendment X(Tenth Amendment)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.
The Tenth Amendment states the Constitution's principle of federalism by providing that powers not granted to the federal government by the Constitution, nor prohibited to the States, are reserved to the States or the people.
"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." - Amendment X, U.S. Constitution
There are many powers not given to the Federal government in the Constitution. Specifically it states that any power not specifically granted to the government will be reserved for the States (interpreted as for the people).
10. 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.