Alexander Hamilton’s Curse

Jefferson v. Hamilton

Alexander Hamilton stood as one of the most able of the founding fathers in the early republic. He wrote many of the Federalist Papers advocating for the new Constitution in 1787. “He was a brilliant man with boundless energy and ambition,” writes Economist Thomas DiLorenzo.

However, for people who think of America as the land of the free, Hamilton becomes an historical and present day barrier to this freedom for citizens. According to DiLorenzo, “Hamilton’s main political and economic ideas consisted of a combination of dictatorship monarchy, centralized government powers, imperialism, and economic mercantilism. These were the defining characteristics of the British Empire that the American revolutionaries waged war against starting in 1775.”

Thomas DiLorenzo’s book, Hamilton’s Curse embodies ideas condemning the policies Alexander Hamilton put in place as the first Secretary of Treasury under the first president George Washington. What Hamilton could not achieve as a delegate to the Constitutional Convention in 1787, he did achieve in implementing an economic program which evolved and prospered in the Unites States and into future time periods of American history. Many of Hamilton’s policies and foundations for governing and economic policies would come to fruition through the Lincoln administration, the Wilson administration, and the Franklin Roosevelt administrations where the roots of today’s progressive liberalism continue to grow into the evil and destructive present-day Democratic Party in 2023.

Thomas Jefferson, Hamilton’s nemesis, believed in a limited federal government where the states and, especially, local governments would better represent the true benefactors of the United States government, the people. Jefferson believed in a strict-constructionist interpretation of the US Constitution where the powers of the federal government in Article II Section 8 were the only powers the national  government could have. He differed with Hamilton on the concept of implied powers or the elastic clause in the Constitution. Jefferson wrote that implied powers gave and enabled centralized national government to wrap its tentacles around the states, subsequently, crushing civil governmental and economic powers for citizens.

Hamilton created the idea of governmental debt as long as the debt did not become excessive. His national debt policies started with speculators from New York and New England, including Hamilton himself, buying up war bonds from poorer people who held them, including war veterans from the Revolution. Wealthy business owners bought the bonds and made money from these bonds. Hamilton believed strongly that the aristocratic business classes should have a stake in the central government because they were the people who would cause the economic expansion of the country through capital. To pay off the bondholders the government needed continuous money flow.

Thus Hamilton began the idea of more taxation from the federal government through the implied powers of the government. “Excise taxes on items like whisky, carriage taxes, and a national property tax were implemented. ”The working class has thenceforth been cursed with paying taxes to fund government programs through debt.

The Federalist Party became the organization which advocated a strong national or federal government in the form of the new Constitution. Hamilton supported national debt through worker taxations and a National Bank to control money supply and interest rates. When John Adams became president the Alien and Sedition Acts were passed. These acts prevented newspapers and citizens from basically criticizing the government, and gave Hamilton’s policies embedded protection. Does this censorship sound familiar? Does this suppression of freedom ring true under the so called president in 2023?

Hamilton wrote, “Capital is wayward and timid in leading itself to new undertakings, and the state ought to excite the confidence of capitalists, who are ever cautious and sagacious, by aiding them to overcome the obstacles that lie in the way of all experiment.”

Hamilton’s idea of corporate welfare would take off with the Lincoln administration through the railroad industry. Lincoln had been a lawyer for the Illinois Central, Chicago, Alton, Ohio and Mississippi, Rock Island, and the Chicago and Mississippi Railroads. During and after the Civil War, Lincoln supported government funds for expansion and improvement of the railroads which played an important role in the Union war effort between 1861 and 1865. Later these subsidies would spread over to the Iron, steel, oil, and utility companies further buying congressional votes, and causing monopolies to grow among these major industries.

Consequently, the corporate subsidy was rolled into the American economy. Along with protective tariffs, all of these economic policies expanded into numerous presidential administrations causing the American citizen to become “serfs” of the government. For over one-hundred years people have worked at their jobs earnestly trying to make a living, but at the same time burdened by property taxes, income taxes starting in 1913, sales taxes, automobile fees, car insurance, property insurance if mortgaged, estate taxes, inheritance taxes, and so on.

Now with the Biden administration these policies are magnified. The national debt is now 31.4 Trillion Dollars. Government spending is out of control where Biden and Democrats want to obliterate fossil fuels and replace them with electric power. This overhaul is ridiculous and the countries of the world watch as the US self destructs. This writer believes white revenge is the motive in creating the woke culture and destroying big oil businesses. These thugs have gone beyond what Jefferson would call small government.

Did you notice the racist Susan Rice recently stepped down as Biden’s domestic policy “advisor.” Well, she was the president for the past two and a half years consulting with the Obamas. This demented fool in the White House, Biden, is not capable of an original thought or writing ability. He is a shell leader. Rice implemented many of the domestic policies using the Hamiltonian construct of strong centralized power. Notice how the states have naturally pushed back against many of Biden’s immigration policies and Green policies through the courts.

Hamilton’s Curse as turned into the Biden nightmare. Biden’s administration wants control of every aspect of the lives of Americans. Control is the key to this monstrous rebellion to freedom. His policies have clearly caused inflation. First the massive spending, then the halting of drilling where the price of gas has increased everything else needing transport. It is common sense that the energy policy of this corrupt administration caused inflated prices and the people just go along with it. Citizens are blinded by their lack of historical knowledge and analysis of current events as related to historical events. Presidential administrations and Congress have taken advantage of its citizens from the beginning of our founding.

“If Americans are ever to have more peace and economic prosperity and less government, it is imperative that a devolution of power occur. Rights need to be reclaimed from the Ninth and Tenth Amendments to begin a restoration to American traditions of state’s rights as a means of controlling their own government.”

Nullification is a tool which can be used by the states and the people to stop the federal government from usurping power from them. It disciplines the national government into abiding by what the citizen supports. In Biden’s world the government is ruled by executive orders where the citizen either conforms or is labeled and cancelled. He does not care for you!

Public government spending on foolish programs like Green Energy must stop. Governmental spending in general must be curtailed. The federal government must be prevented from using citizen money for their special programs which entice citizens to go along with the spending because they think they get something out of the spending; but congressmen don’t even read the spending bills except for the parts that sustain their power and influence. Corporate welfare must stop. Income taxes need to be abolished. This can all happen when state and local governments take the reigns for establishing the programs their citizens absolutely need. Taxes would be local.

Finally, a realignment needs to take place where the courts, the states, and its local governments reign in the federal government by systematically taking the enormous implied powers away away from the federal government. Again, this can be done through the judicial process of reinterpreting Article II of the Constitution and through Nullification of federal policies which suppress the civil rights of people and which surpass economic rights of people. Change and enforcement will happen.