Login

The FED is ProgressivismThe FED is Progressivism

Just a short flight from Becker’s anti-Ron Rant.

Hamilton proposed and oversaw the creation of the First Bank of the US.

Generally central banks in the US have been favored by proponents of a strong national government. Hamilton was also a borderline monarchist. He wanted a King-like President and he wanted the senate to be a British style House of Lords with lifetime tenure. Chuckie Schumer for life.

Though he wrote of balance of power in the Federalist Papers he consistently landed on the side of federal power once the document was ratified. Combine his opposition to the Bill of Rights with his love of federal power and he is what?

He argued against the Bill of Rights because it would contradict the notion that [...]

Continue reading The FED is Progressivism

Share
Get Adobe Flash playerPlugin by wpburn.com wordpress themes