I was amazed during the debate that Governor Rick Perry exhibited the emotional courage to state that the social security system is unconstitutional. Governor Perry then went on to say that social security is a "ponzi cheme", which is a point that goes to statutorily law, which is governed by the constitution. Thus far, from my limited viewing of the media, the focus has been on the "political" advisability of using the phrase "ponzi scheme" while the words "unconstitutional" are largely ignored. However there is a discussion taking place on As Maine Goe s which takes a well examined look at the constitutional issue. I recommend reading at least the first post, if not further for an excellent examination of what the Supreme Court did wrong when it ruled social security was "constitutional" and what our framers actually said about the powers of the Federal Government in the Federalist Papers and beyond. John w k, the author of this
Examining the Fundamental transformation of the American political system that originated in the political philosophy preserved by Publius in The Federalist Papers. This blog was originally published as Main Street Economy and focused on legislation passed in the state of Maine "inspired" by similar laws passed by other states which collectively constitutes a fundamental transformation of the American political philosophy within state incubators.