What does the reservation clause in the Federal Reserve Act mean to the Federal Reserve? It means they have essentially an “I owe you nothing” deal with Congress.
Related Topics
“War”: The Constitutional Meaning
"War": The Constitutional MeaningConstitutionally speaking, "War" is a specific set of legal relations between two or more independent nations. Therefore no "War" can be...
“Factions” or “Special Interest” Groups
"Factions" or "Special Interest" GroupsAmerica’s Founding Fathers denounced “factions” (what we refer to today as “special interests”) because these groups consist of “a number of citizens,...
“Gun Control”
"Gun Control"In the pre-constitutional period, had the term been current, “gun control” would have meant, not keeping firearms and ammunition away from as many...
“Emergency Powers”
"Emergency Powers"The real "emergency" that confronts Americans is the lust of aspiring and conspiring usurpers and tyrants for power WE THE PEOPLE have withheld...
“Official Immunity”
"Official Immunity"The Constitution itself provides for one and only one “official immunity”, in its allowance that, “for any Speech or Debate in either House...