The slogan <em>“no taxation without representation”</em> became widely popular among the American colonists during the 18th century. It reflected the sentiment of the residents of the colonies, which felt that they didn't have the adequate representation in the British Parliament but were at the same time affected by the laws this institution passed. This ideal would eventually pave the way to the US revolutionary war.
As an example, it is common to think that the student councils of educational institutions don't have the necessary power of representation in regards to the rules imposed in these schools and how do the entity's authorities enforce them.
It would cause erosion by washing away the soil into the ocean
By insuring bank deposits up to $5,000.
The FDIC was a part of the New Deal programs of legislation during the presidency of Franklin Delano Roosevelt (FDR). FDR signed the measure into law in June, 1933. The program went into effect as of January 1, 1934. Banks soon learned they needed to enroll in FDIC or customers wouldn't come to their banks.
The possibility of gaining natural resources that the colonies mined and uncovered was imminent
