“The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first.” –- Thomas JeffersonCongress may not abridge freedoms, but may the board members of the Federal Reserve Bank of New York? They can. They are circumventing the First Amendment.
“Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.” -- First Amendment
Would NBC, CNBC, and MSNBC report on abuses of COERCIVE POWER or conflicts of interest at The Fed though their boss, Jeffrey R. Immelt, is a board member?
Jamie Dimon, CEO of JP Morgan Chase, another current board member, issued an outside-work policy in its 2010 Code of Conduct Training prohibiting JPMC employees from posting a statement such as this on the internet: “I think the financial services industry is over-regulated and should be governed by market forces only.”
Would NBC, CNBC, and MSNBC assign reporters to find out which other Fed board members who head private corporations have issued the same directive? Have the Fed board members dragooned other CEOs into issuing this directive?
Jamie Dimon’s DECREE impacts the freedoms of speech and of the press, and of the right to petition the Government for a redress of grievances. If an action of one who wields COERCIVE POWER infringes these freedoms, it is a First Amendment violation.