Thursday, April 29, 2010

Headlines 4/29/10

Illegal immigrants plan to leave over Ariz. law
... which would be what they wanted.

My take: Their hearts are in the right place, but this law is poorly thought out and probably won't survive the courts.

Obama: "At A Certain Point You've Made Enough Money" (video clip)
... and he gets to decide how much.

Mass. Cape Wind gets thumbs up, thumbs down
Green energy, just NIMBY.

5 comments:

Vinny said...

He does not get to decide how much, however, the elected representatives of the people may reach the reasonable conclusion that tremendous concentrations of wealth and power and the destruction of the middle class undermine democracy.

ChrisB said...

And what gives them the authority to do that?

Of course he won't decide alone how much is enough, but the Dems think that is their role. They're wrong.

Vinny said...

The Constitution gives congress the authority to levy taxes and to regulate interstate commerce.

ChrisB said...

Regulating interstate commerce does not mean saying you make too much money.

Vinny said...

I don't think that there is any law being contemplated that specifically limits the amount of money that any one person can make.

However, even if there were, the constitution also gives congress the authority to make all laws that are "necessary and proper" to regulating interstate commerce and reining in Wall Street would fall into that category.

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