Hamilton was born in the West Indies and attend a Jewish school before he became an aggressive New York moneylender.
He founded The Bank of New York in 1784. Hamilton and his co-workers pushed for overreaching government and debt-based central banking and currency.
Because of this Thomas Jefferson couldn't stand the guy.
Virginians Jefferson, James Madison (father of the Constitution) and the southern agricultural class believe in decentralized government and local banking. The roots of the future American Civil War can be traced, in part, to the Jefferson-Hamilton feud. Jefferson argued that centralization of power away from private mints and banks is unconstitutional and dangerous. He wrote: "…banking establishments are more dangerous than standing armies." The New Yorker Hamilton argues that if the nation is to grow, it needs a standard coinage supported by a Central Bank and excise tax.
In 1791 Hamilton and the Central Bank won.
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 an excise tax, Hamilton’s Bank was a private company with some foreign shareholders. Like a prototype of what later became the Federal Reserve.
To cover the government's interest payments to the Bank, Hamilton imposed an excise tax on whiskey. When Pennsylvania whiskey farmers rebelled (Whiskey Rebellion), Hamilton convinced Washington to allow him to personally lead 12,000 troops to enforce compliance. Brute force was used to collect the taxes needed to pay the interest to the foreign shareholders of the Central Bank.
Hamilton killed farmers because they objected to having to pay taxes to pay back government debt that was owed to HIS bank.
To cover the government's interest payments to the Bank, Hamilton imposed an excise tax on whiskey. When Pennsylvania whiskey farmers rebelled (Whiskey Rebellion), Hamilton convinced Washington to allow him to personally lead 12,000 troops to enforce compliance. Brute force was used to collect the taxes needed to pay the interest to the foreign shareholders of the Central Bank.
This episode in our history always struck me as contradictory.
The farmers in western PA found it easier to transport whiskey than corn due to transportation; many farmers ran stills to dispose of grain byproducts.
The Wellers went to KY with this process and Weller Whiskey now sells for a lot.
Thanks for outlining. This sounds like an intriguing conspiracy, notice that I am not calling it a theory, that I never heard of before. This is on my watchlist for the weekend.
What a load of poppycock. With all due respect.
Hamilton was born in the West Indies and attend a Jewish school before he became an aggressive New York moneylender.
He founded The Bank of New York in 1784. Hamilton and his co-workers pushed for overreaching government and debt-based central banking and currency. Because of this Thomas Jefferson couldn't stand the guy.
Virginians Jefferson, James Madison (father of the Constitution) and the southern agricultural class believe in decentralized government and local banking. The roots of the future American Civil War can be traced, in part, to the Jefferson-Hamilton feud. Jefferson argued that centralization of power away from private mints and banks is unconstitutional and dangerous. He wrote: "…banking establishments are more dangerous than standing armies." The New Yorker Hamilton argues that if the nation is to grow, it needs a standard coinage supported by a Central Bank and excise tax.
In 1791 Hamilton and the Central Bank won.
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 an excise tax, Hamilton’s Bank was a private company with some foreign shareholders. Like a prototype of what later became the Federal Reserve.
To cover the government's interest payments to the Bank, Hamilton imposed an excise tax on whiskey. When Pennsylvania whiskey farmers rebelled (Whiskey Rebellion), Hamilton convinced Washington to allow him to personally lead 12,000 troops to enforce compliance. Brute force was used to collect the taxes needed to pay the interest to the foreign shareholders of the Central Bank.
Hamilton killed farmers because they objected to having to pay taxes to pay back government debt that was owed to HIS bank.
Fuck Hamilton.
But Burr was even worse, and he was the one who killed Hamilton. Sort of a tale of snakes eating each other.
Unfortunately, absolute power corrupts absolutely.
This episode in our history always struck me as contradictory.
The farmers in western PA found it easier to transport whiskey than corn due to transportation; many farmers ran stills to dispose of grain byproducts.
The Wellers went to KY with this process and Weller Whiskey now sells for a lot.
Also, I don't think it is poppycock. More like something you haven't heard before.
I am sure Jefferson should have won at the time.
0:00 Intro: The Pistols That Killed Hamilton
0:58 Wall Street: Britain's Fifth Column
2:43 Who Was Jeremy Bentham?
5:43 Hamilton & the American System
11:59 Burr's Honeypot: Destroying Hamilton
14:31 Why Hamilton Backed Jefferson & the Bank of Manhattan
17:01 The Evidence Burr Was a British Traitor
20:53 The Duel: Same Pistols That Killed His Son
22:14 The Final Plot & the Louisiana Purchase
24:13 Burr's Plan to Crown Himself Emperor
26:55 The Smoking Gun: The British Ambassador's Letter
29:35 Burr Flees to Canada: The Prévost Connection
32:47 The War of 1812 & Andrew Jackson's War on the Bank
36:47 Ideology, Not Money: The Occult Roots
Thanks for outlining. This sounds like an intriguing conspiracy, notice that I am not calling it a theory, that I never heard of before. This is on my watchlist for the weekend.
This sounds interesting...