Article I Section VIII (B) To borrow Money

[DennisLeeWilson]

From: DennisLeeWilson-Ariz-Wyo  (Original Message) Sent: 2/11/2003 5:39 PM

The Constitution of the Confederate States of America.

In framing the Constitution of the Confederate States, the authors adopted, with numerous elisions and additions, the language of the Constitution of the United States, and followed the same order of arrangement of articles and sections. The changes made in this adaptation of the old Constitution are here shown. The parts stricken out are enclosed in [ ] brackets, and the new matter added in framing the Confederate Constitution is printed in italics.

Article I

SECTION VIII.

The Congress shall have Power

(B)  To borrow Money on the credit of the [United] Confederate States;
 

[DennisLeeWilson]

2009-Feb-01

Writing in 21st Century America just after the implosion of the government backed Federal Reserve Note, it should be painfully obvious that governments should be FORBIDDEN to borrow money, not encouraged to do so.

This clause, if retained, should be an explicit PROHIBITION.

Dennis