Constitutional question about the Federal Reserve Act...

Posted November 20th, 2008 by gabulldawg79

I have a constitutional question about the Federal Reserve Act. Article 1 Section 8 of the Constitution lays out the powers of Congress one which is "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures"
I understand that the Federal Reserve Act of 1913 delegated that authority to the Federal Reserve, but what I don't understand is how that is Constitutional. Article 1 Section 8 is part of the Constitution. To delegate a Constitutional authority or change the Constitution according to Article 5(amendment) would require a constitutional amendment not an "Act". Shouldn't Congress have had to pass a Constitutional Amendment to delegate that authority given to them in Article 1 section 8 because it directly changes Article 1 Section 8.? It does not say " The Federal Reserve has the power to coin money...etc." Am I off base here or can Congress undo the Constitution with just "Acts" not Amendments?

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My question is

On November 20th, 2008 JeffD says:

it's been 95 years in operation.
Why haven't the people acted on this earlier?

"What country can preserve its liberties if its rulers are not
warned from time to time that their people preserve the spirit
of resistance?" --Thomas Jefferson

Some have...

On November 20th, 2008 Deliverance says:

http://teamlaw.net/Govern...

"We dare not forget that we are heirs of that first revolution" -JFK

The Constitution - Law of

On November 20th, 2008 JeffD says:

The Constitution - Law of the Land

No they can't delegate that duty to another entity.
But when you have politicians that have aspirations of grandeur,they feel that they can do what they please.What are the people going to do but accept it!! The gov. has the military,the ability to jail us......
What do we have?
We have each other,the masses.
But when the majority are ignorant than the masses suffer under tyranny.

"What country can preserve its liberties if its rulers are not
warned from time to time that their people preserve the spirit
of resistance?" --Thomas Jefferson

Thanks,

On November 20th, 2008 gabulldawg79 says:

Thanks for the comments all of them are interesting. I wonder just how many "Acts" have undone amendments. I know the Patriot Act all but gutted the Bill of Rights.

Yes, the amendment process is the only way to legally

On November 20th, 2008 kw says:

change the Constitution. Those scumbags in Washington, D.C. one would hope are aware of this. However, they also know that amendments are not easy to accomplish. So, they do "resolutions" that effect the changes they want and circumvent the legalities of the matter "officially". Also, the sheeple being ignorant of legal, federal governance, as per the Constitution and the Bill of Rights, has made it very easy for the feds to engage in all the nonsense that has been done for at least 100 years.

It all goes back to the

On November 20th, 2008 Republicae says:

It all goes back to the Hamiltonian idea of "IMPLIED POWERS", which Hamilton expressed could get around all the limitations of the Constitution. Hamilton was a Statist Traitor, read his proposals in the Debates on the Ratification of the Constitution and it is easy to see that Hamiltonianism has basically won out over Jeffersonianism. Lincoln, by the way, was a Hamiltonian, along with most Presidents who followed except for perhaps Grover Cleveland.

http://www.1776solution.b...

I would remind you that extremism in the defense of liberty is no vice! And let me remind you also that moderation in the pursuit of justice is no virtue. Barry Goldwater