A great post Mr. Cuban. Isn’t earning wealth part of the American Dream?! When millionaires are demonized and stop being heroes for young entrepreneurs to idolize we will become a different kind of nation. I see us taking steps in this direction and I DON’T like it South Dakota acceptance payday loan!
In an extremely competative-global ount importance for us to light fires under peoples asses to start businesses, invest capital, create jobs and earn wealth!
From the Ludwig von Mises Institute. He was a chief architect of the Austrian school of economics aka our economic ideology we live by today……
Special interests have long used the democratic political process to produce legislation for their own private benefit, and the U
The Confederate Constitutional Convention opened in February 1861. Robert Barnwell Rhett of South Carolina, called the “Father of Secession” for initiating his state’s breakoff from the union, thought that the U.S. model was the best. The other 50 delegates agreed. He nominated Howell Cobb, a Georgia attorney and former Speaker of the U.S. House of Representatives, to preside over the meeting, which was completed by March I 1, 1861. By the end of that year, 13 states had ratified the new Constitution.
In broad outline, the Confederate Constitution is an amended U.S. Constitution. Even on slavery, there is little difference. Whereas the U.S. Constitution ended the importation of slaves after 1808, the Confederate Constitution simply forbade it. Both constitutions allowed slave ownership, of course.
In fact, slavery only became a constitutional issue after the war had begun. In his 1861 in Lincoln said, “Apprehension seems to exist among the people of the Southern States that by the accession of a Republican administration their property [is] to be endangered…. I have no purpose, directly or indirectly to interfere with the institution of slavery in the United States where it exists…. I believe I have no lawful right to do so, and I have no inclina6on to do so.”
The Southern drafters thought the general welfare clause was an open door for any type of government intervention
But the differences in the documents, small as they are, are extremely important. The people who wrote the Southern Constitution had lived under the federal one. They knew its strengths, which they tried to copy, and its weaknesses, which they tried to eliminate.
The U.S. Constitution gives Congress the power to “lay and collect Taxes, Duties, Imposts, and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States.”
The Confederate Constitution gave Congress the power “to lay and collect taxes, duties, imposts, and excises, for revenue necessary to pay the debts, provide for the common defense, and carry on the Government of the Confederate States…”
Immediately following that clause in the Confederate Constitution is a clause that has no parallel in the U.S. Constitution. It affirms strong support for free trade and opposition to protectionism: “but no bounties shall be granted from the Treasury; nor shall any duties or taxes on importation from foreign nations be laid to promote or foster any branch of industry.”
The use of tariffs to shelter domestic industries from foreign competition had been an important issue since tariffs were first adopted in 1816. Southern states had borne heavy costs since tariffs protected northern manufacturing at the expense of Southern imports. The South exported agricultural commodities and imported almost all the goods it consumed, either from abroad or from Northern states. Tariffs drastically raised the cost of goods in the Southern states, while most of the tariff revenue was spent in the North.