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<p>[QUOTE=&quot;InfleXion, post: 1363530, member: 29012&quot;]The reason it prohibits them from doing so, even though not explicitly, is because of the 10th Amendment.&nbsp; </p><p><br /></p><p>&quot;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.&quot;&nbsp; </p><p><br /></p><p>Maybe it isn&#039;t illegal, that might be debatable with the laws these days, but what I can say with certainty is that it is not within their purview to be acting in this role. </p><p><br /></p><p>I would like to think that we can all agree that it was a loophole that allowed money to be created by an entity that did not have the right to do so, and since it was not named in the regulations of the task it took ownership of then it was yet another loophole that allowed it to undermine the Constitutional mandate that money must be coined from gold and silver. </p><p><br /></p><p>The proposed law is merely a restoration of what the founding fathers intended, and is perfectly appropriate and legitimate, whether or not we agree on if it is ideal or beneficial.[/QUOTE]</p><p><br /></p>

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