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| − | The text of the '''Interstate commerce''' clause of the [[United States Constitution]], Article I, Section 8, Clause 3 reads: | + | The text of the '''[[Interstate]] commerce''' clause of the [[United States Constitution]], Article I, Section 8, Clause 3 reads: |
| | :[The Congress shall have Power] To regulate Commerce with foreign Nations, and among the several States, and with the Indian tribes | | :[The Congress shall have Power] To regulate Commerce with foreign Nations, and among the several States, and with the Indian tribes |
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| − | ==Quotes== | + | ==Interstate Commerce Commission== |
| | In regards to '''interstate commerce''': | | In regards to '''interstate commerce''': |
| − | *The [[railroad]] [[monopolies]] had the power to set prices, exclude competitors, and control the [[market]] in several [[geographic]] areas. Although there was competition among railroads for long-haul routes, there was none for short-haul runs. Railroads discriminated in the prices they charged to [[passenger]]s and [[shipper]]s in different localities by providing [[rebate]]s to large shippers or buyers. These practices were especially harmful to American farmers, who lacked the shipment volume necessary to obtain more favorable rates. <ref>http://www.ourdocuments.gov/doc.php?flash=true&doc=49</ref> | + | *The [[railroad]] [[monopolies]] had the power to set prices, exclude competitors, and control the [[market]] in several [[geographic]] areas. Although there was competition among railroads for long-haul routes, there was none for short-haul runs. Railroads discriminated in the prices they charged to [[passenger]]s and [[shipper]]s in different localities by providing [[rebate]]s to large shippers or buyers. These practices were especially harmful to American farmers, who lacked the shipment volume necessary to obtain more favorable rates.<ref>http://www.ourdocuments.gov/doc.php?flash=true&doc=49</ref> |
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| | + | ==New Deal== |
| | + | Congress's power to regulate commerce during the [[New Deal]] of President [[Franklin Roosevelt]] led to the creation of numerous [[Alphabet agencies]], such as the [[SEC]], [[OPA]], [[AAA]], [[FDIC]], [[FNMA]], and many others. Many of these survive and have legitimate, beneficial regulatory responsibilities to insure matters affecting public health and safety. However a bureaucratic regulatory environment can also be used to nurture [[crony capitalism]] and the "share the wealth"<ref>[http://historymatters.gmu.edu/d/5109 “Share the Wealth”: Huey Long Talks to the Nation.] gmu.edu</ref> agendas promoted by advocates such as [[Huey Long]], [[Karl Marx]], or [[Barack Obama]]. "Share the wealth" agendas tend to have as their aim [[fraud|defrauding]] workers and owners of [[property]] and [[capital]] a portion or all of their fundamental [[rights]]. |
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| | + | ==See also== |
| | + | * [[National Highway System]] or [[Interstate]] |
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| | ==References== | | ==References== |
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| | [[Category:Commerce]] | | [[Category:Commerce]] |
| | [[Category:Railroads]] | | [[Category:Railroads]] |
| | + | [[Category:Transportation]] |
| | + | [[Category:Systems of Support]] |