Gordon Brown's Economics

Yesterday, Gordon Brown announced "The Road to the London Summit, the Plan for Recovery." Apart of this document is the plan to set up an international board on the regulations of banks around the world. This board was questioned by the ABC News member of the press core. The response of PM Gordon Brown was to be lacking, as in he dodged the question all together. Brown's program would allow an international body of bankers to control all Federal and Private banks in the United States.

What does this have to do with Constitutional Thinking? President Obama is an international socialist, rated as the most leftist member of Congress in 2007. Obama is less than likely to "preserve... the Constitution of the United States" by fighting against an international regulation and internationalizing of the banking systems of the United States designed (according to Gordon Brown) to prevent American Banks from fleeing Europe (specifically Eastern Europe) in order to put domestic problems first. His overall stance on this initiative is as follows according to the Official White House agenda,

"To build an economy that can lead this future, we will begin to rebuild America. Yes, we’ll put people to work repairing crumbling roads, bridges, and schools by eliminating the backlog of well-planned, worthy and needed infrastructure projects. But we’ll also do more to retrofit America for a global economy."
(Italics added for emphasis)

Barrack Obama views the "retrofit" of the American towards a globalization as the infrastructure of the country, in the same light as roads, schools, and bridges. The Constitution, however, does not share this same view. On the contrary, the Tenth Amendment, which state, "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." Due to the fact that banking regulation was not mentioned as a power of Congress under the First Article, the President under the Second Article, or the Judiciary under the Third Article, nor prohibited by the States under the Fourth Article; this power is given to the States, and not President Obama. The only Constitutional way that Obama would have the power to achieve this "retro fitting" is by a Constitutional Amendment giving the President the power to achieve this "retro fitting." It is safe to say that this proposal for G20 this year in London will be approved by Obama as an executive agreement between the United States and the World in order to "retro fit" the American economy with the Global Economic Unity projects of Europe, the Far Left, and the Neo-Conservative Movement (which ironically began under the popular President Bush). However, it is a matter of precedence, dating back to John Adams, for Presidents to ignore the Constitution and the Judiciary, dating back to John Marshal, to ignore the Presidential abuse.



Sources

1. http://www.voanews.com/english/2009-02-18-voa38.cfm
2. http://www.theherald.co.uk/news/news/display.var.2490170.0.Brown_unveils_economic_plan_for_recovery_within_months.php
3. http://www.guardian.co.uk/commentisfree/2009/feb/19/gordon-brown-apology
4. http://www.whitehouse.gov/agenda/economy/
5. http://www.usconstitution.net/const.html
6. C-SPAN presentation of Gordon Brown monthly address of the British Economy (2 - 19 - 09)
7. The Politically Incorrect Guide to American History written by Dr. Thomas Woods (Ph.D in American History)
8. The Politically Incorrect Guide to the Constitution written by Dr. Kevin R.C. Gutzman (J.D. and Ph.D in American History)