http://www.eighteenpowers.org/index.php/2009/07/unconstitutional-ious-from-california/ Explore the Founders' Intent of Limited Federal Power Fri, 11 Jun 2010 15:22:07 +0000 http://wordpress.org/?v=2.8.1 hourly 1 http://www.eighteenpowers.org/index.php/2009/07/unconstitutional-ious-from-california/comment-page-1/#comment-3 California’s unconstitutional IOUs « Revolution Not dot com Mon, 23 Nov 2009 23:23:19 +0000 http://www.eighteenpowers.org/?p=16#comment-3 [...] Unconstitutional IOUs from California So, the question is: what constitutes a “bill of credit?” Well, the United States Supreme Court has dealt with this issue, to define a bill of credit. The source of case law goes back to Craig v. Missouri (1830). In deciding for the majority, Chief Justice Marshall defined bills of credit in the Constitutional sense. [...] [...] Unconstitutional IOUs from California So, the question is: what constitutes a “bill of credit?” Well, the United States Supreme Court has dealt with this issue, to define a bill of credit. The source of case law goes back to Craig v. Missouri (1830). In deciding for the majority, Chief Justice Marshall defined bills of credit in the Constitutional sense. [...]

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