"[A]mbitious encroachments of the federal government, on the authority of the State governments, would not excite the opposition of a single State, or of a few States only. They would be signals of general alarm. Every government would espouse the common cause. A correspondence would be opened. Plans of resistance would be concerted. One spirit would animate and conduct the whole."
- James Madison (Federalist Paper No. 46)
TD Ameritrade founder retires Or, at least, retires from his company. He still has a whole batch of other companies he wants to continue owning and managing.