Silver Lifetime
- Messages
- 42,878
- Reactions
- 111,411
The mandatory buyback would come with a mandatory schedule of prices. Probably pennies on the dollar, so I wouldn't go too far down that road as an argument against it.Keep that one going Hillary... you are on to something... a political cliff.
Never mind the math behind it either. Let's say those automatic thingies, we have 200 million of. On average the cost would be between 500-1000$ per piece. 100b$-200b$. That's a lot of money. Quod erat demonstrandum: advocat non calculat.
That said, isn't there something in the Constitution about "nor shall private property be taken for public use, without just compensation." (5th Amendment)?
That alone would probably hold it up in court for quite a few years I would think.
I am sure this is mostly posturing. The POTUS cannot make law, and whoever the POTUS is, they would have to deal with Congress, which is mostly GOP IIRC.