RE: [RLC-Action] Re: Relieved, no Detroit. RLC seems moribund.
Thank you for taking he time to explain those statements. I’ll buy into your sovereignty idea alright. But as for the price of oil affecting the value of the dollar, no. The dollar’s value is a function of the money supply, not the oil supply. Much of the increase in the price of oil is, in fact, due to the Fed’s monetary policy –they flooded the world with dollars, causing the inflation which is more obvious in the oil price due to congress’ limitations on supply and the fact that oil is priced in dollars.
From: RLC-Action@yahoogroups.com [mailto: RLC-Action@yahoogroups.com ] On Behalf Of sarah lovett
Sent: Tuesday, August 12, 2008 3:40 PM
Subject: Re: [RLC-Action] Re: Relieved, no Detroit . RLC seems moribund.
Essentially a drop in oil prices which is induced by increased supply (or any large commodity traded with the dollar) will put downward pressure on our dollar, once our dollar drops more or is perceived to drop more then the likelihood increases that our foreign debts will be called and/or "monies" shifted to competing currencies.. .obviously we did this to ourselves or the Fed did by not reporting the actual money supply, so all projections and speculation have not been made under realistic market assumptions. ...hence and increase in oil could very likely be the straw that breaks the dollar's back...
Also if you follow the price gold and the price of oil over the past they generally follow the each other...
Generally, much more complicated than this and also related to deficit spending ,"printing" etc but the price of oil does have an impact on our dollar and therefore we would be amiss not to think the supply of oil is of no concern.
Actually just an idea, just as we have candidates sign the liberty pact I think we should get candidates, officials to sign a sovereignty pact...maybe something along these lines
I So-n-So recognize that each individual and each state is sovereign unto themselves. As a public official, I will recognize and uphold Florida 's sovereignty under the 10th Amendment of the Constitution. In doing such I will support or introduce the following resolution during my service.
TENTH AMENDMENT - STATE SOVEREIGNTY RESOLUTION
STATE OF ____________ _______
WHEREAS, The 10th Amendment to the Constitution of the United States reads as follows: "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."; and
WHEREAS, The 10th Amendment defines the total scope of federal power as being that specifically delegated by the United States Constitution and no more; and
WHEREAS, The scope of power defined by the 10th Amendment means that the federal government was created by the states specifically to be an agent of the states; and
WHEREAS, Today, in 2008, the states are demonstrably treated as agents of the federal government; and
WHEREAS, Numerous resolutions have been forwarded to the federal government by the ____________ __ General Assembly without any response or result from Congress or the federal government; and
WHEREAS, Many federal mandates are directly in violation of the 10th Amendment to the Constitution of the United States ; and
WHEREAS, The United States Supreme Court has ruled in New York v. United States , 112 S. Ct. 2408 (1992), that Congress may not simply commandeer the legislative and regulatory processes of the states; and
WHEREAS, A number of proposals from previous administrations and some now pending from the present administration and from Congress may further violate the United States Constitution; now, therefore,
Be It Resolved by the ________ of the _____th General Assembly of the State of ________, the __________ concurring herein:
(1) That the State of ___________ hereby claims sovereignty under the 10th Amendment to the Constitution of the United States over all powers not otherwise enumerated and delegated to the federal government by the United States Constitution.
(2) That this serve as Notice and Demand to the federal government, as our agent, to cease and desist, effective immediately, mandates that are beyond the scope of its constitutionally delegated powers. Be It Further Resolved, That copies of this Resolution be sent to the President of the United States , the Speaker of the United States House of Representatives, the President of the United States Senate, the Speaker of the House and the President of the Senate of each state's legislature of the United States of America , and _______'s Congressional delegation
Oklahoma just did it : http://www.ok- safe.com/ files/documents/ 1/HJR1089_ int.pdf
We don't really need it because we already have this, however, it could help us gage our candidates. Also, it can be used to remind others that we can just drill, we do not need permission from the federal government. Imagine how many things we could remind legislators about with this resolution, and simultaneously take away their excuse to complain about unfunded mandates.... just a thought. Once elected I would certainly love to sponsor this...Sarah