Other Progressive brainstorms gave us the Sixteenth Amendment of the
U.S. Constitution resulting in federal income tax. The Seventeenth
Amendment to the Constitution established direct election of United
States Senators by popular vote and removed the only true representation
that the sovereign states had at the federal level. If a Senator was
beholden to the state legislators who had selected him or her to serve,
they would be less likely to support a federal program which
appropriated the resources of their state. After the passage of the
Seventeenth Amendment, the members of the U.S. Senate became a de facto
House of Lords; counselors to the imperial Presidency and answerable to
none.
The Progressives also gave us the Federal Reserve Act of 1913, which co-opted the federal governments constitutionally mandated function of managing the monetary supply and policies of the nation and effectively turning it over to a private banking cartel, which wrote banking regulations with the force of law.
The Progressives also gave us the Federal Reserve Act of 1913, which co-opted the federal governments constitutionally mandated function of managing the monetary supply and policies of the nation and effectively turning it over to a private banking cartel, which wrote banking regulations with the force of law.
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