Not Supporting Healthcare Reform Bill Supporters
- Editorial Commentary -
November 14, 2009 (FinancialWire) (By Bud Burrell) — While healthcare ETFs such as the SPDR S&P International Health Care Sector ETF (NYSE: IRY), the Health Care Select Sector SPDR ETF (NYSE: XLV), the First Trust Health Care AlphaDEX Fund (NYSE: FXH) and the WisdomTree International Health Care Fund ETF (NYSE: DBR) have been performing notably, FinancialWire(tm) contributor, Bud Burrell, offers the following, from a political perspective:
I have been asked to address what, if anything, could be done if supporters of the current Healthcare Reform Bill passed by the house and sent to the Senate for its processes should be voted into Law. Voters’ first remedy would be to throw out of office any elected officials who supported this legislation with their votes. They could and should do this at the coming Mid-Term Elections coming in 2010, or they could impeach these same officials now with a petition for recall now, and not wait.
If either such action failed to turn over the law by causing amending new legislation, voters would have the right to challenge the new law on Constitutional grounds, beginning with a specific challenge on the Enumeration Clause contained within the 10th Amendment of the US Constitution. This clause limits the Federal Government to actions specifically delegated to it by the Constitution, with all other rights falling under the jurisdiction of the States individually.
If it could be proved that the parties initiating and benefitting from such actions were to have or develop a personal financial interest from such legislation, one could speculate that the provisions of the US Criminal Code would waive their individual immunity from prosecution, based on those parts of the CJS (Corpus Juris Secundum), specifically Sections 22, 22A and 46. Indeed, if it could be proved that these legislative actions intended to overthrow the political structure of the United States, said conduct would be said to be an act of sedition in that so many parties would have been involved so as to prove a conspiracy on a prima face basis.
Were our politicians to be faced with the threat of being painted with a dark brush, I believe that they would run from Government Elected Service. There is enough here to whet the appetite of any good constitutional lawyer/scholar.
This initiative should be addressed by some organization like the Heritage Foundation, or other capable legal organization supporting the interpretation and adherence to the US Constitution as a document written as our formers intended it to be. It was written on a foundation of thousands of years of prior government history all over the world, with a view that certain unalienable rights were due all men equally. This most certainly is not a socialist model by fact or interpretation.
As a nation, we now dance on edge of a precipice, one which has two sides, one being based on preservation of conservative values, and the other being based on the moral relativism of the secular progressive line of thought. Healthcare reform must not be allowed to trample on individual rights with limited personal choices dictated by the Federal Government that intrude on the protection of individual rights that are the core of our system of Government and Law. If the individual does not speak up firmly and without vacillation, our system of Government is doomed, as is free market capitalism.
Source: Courtesy of Investrend Weblogs (http://www.investrendweblogs.net).
Readers are invited to read previous FinancialWire(tm) commentary by Bud Burrell (via http://www.financialwire.net/?s=bud+burrell).
Bud Burrell’s experience spans a diverse spectrum, including service with the U.S. Military in the Special Forces, as a Finance Officer and as a Project Finance & Accounting Officer. Burrell also pursued studies in fine arts, the Renaissance, Russian history, and Chinese culture. Following years of working on Wall Street, he worked with specialty and derivative money management consulting and research and development in IT and AI. Since then, Burrell has worked globally with major development stage companies from the IT, energy, alternative energy, bio-pharma, and general technology arenas, as well as on counterfeiting and financial fraud scandals.
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