Feb 1791.... President Washington listens to Jefferson’s and Hamilton’s position on the Central Bank, but is ultimately taken in by Hamilton. The Father of America has a blind spot when it comes to the smooth talking, foreign- born deceiver. Others are not so easily fooled. In later years, President John Adams will describe Hamilton as: the most restless, impatient, artful, indefatigable, and unprincipled intriguer in the United States, if not in the world. Along with establishing a mint and an excise tax, Hamilton’s Bank is a private company with foreign banker shareholders. To cover the governments interest payments to the Bank, Hamilton imposes an excise tax on whiskey. When Pennsylvania whiskey farmers rebel (The Whiskey Rebellion), Hamilton convinces Washington to allow him to personally lead 12,000 troops to enforce compliance. Government force is now used to collect taxes needed to pay interest to the foreign shareholders of Americas Central Bank.
Posted on: Wed, 01 Oct 2014 22:31:53 +0000
Trending Topics
Recently Viewed Topics
© 2015