The problem Congress had, or the draftsmen had (i.e., the people who drafted the Federal Reserve Act) was that they recognized this potential problem of “vested rights”.
Tag: vested rights
Related Topics
“Usurpation” and “Tyranny”
"Usurpation"“Usurpation” – the exercise of some otherwise legitimate governmental power as to which the particular actor actor enjoys no legal claim.Source: John Locke, Two Treatises of Government,...
“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,...
“Living” Constitution
As a constitutional rule of construction that cannot be repeated to often, “If *** we are at liberty to give old words new meanings ***...
“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...
“The War on Terror”
"The War on Terror" Rogue officials stir up the "fear" of "terrorism". With "terrorism" as their excuse they arrogate new "war powers" to themselves....
































