Article I's Forgotten Firewall: How the Contracts Clause Became a Dead Letter — and Why States Are Paying the Price in Broken Promises
The Contracts Clause of Article I, Section 10 was the Founders' direct answer to post-Revolutionary financial chaos — a constitutional guarantee that government could not simply tear up legal obligations whenever they became inconvenient. Nearly a century of judicial erosion, culminating in the Supreme Court's 1934 capitulation in Home Building & Loan Association v. Blaisdell, has reduced that guarantee to a polite suggestion. The result is a landscape where states rewrite pension contracts, voi