Horror in Hamburg: German Version of “Hamilton”

As if the hyped-up Broadway Freak Show about a hyped-up villain of history wasn’t “woke” idiotic enough — now comes word that the moronic musical has been duplicated for audiences in occupied Germany.

Gino Emnes (Aaron Burr) and Benet Monteiro (Alexander Hamilton) are in the German production of “Hamilton.”
NY Times: 
They Translated ‘Hamilton’ Into German. Was It Easy? Nein.


For the musical’s Hamburg premiere, a team wrestled with language and cultural differences to bring the story alive for a new audience.

As if the hyped-up Broadway Freak Show about an equally hyped-up villain of American history — featuring mulatto / Hispanic actors playing the 18th Century Anglo-Saxon founders of the United States — wasn’t “woke” idiotic enough; now comes word that the moronic musical has been duplicated for stupefied audiences in occupied Germany.

From the article’s opening:

“For the last four years, a team of translators has been working with the “Hamilton” creators to develop a German version — The German-speaking cast — most of them black actors, reflecting the show’s defining decision to retell America’s revolutionary origins with the voices of today’s diverse society — is now in the final days of rehearsal.”

Adding insanity to idiocy, we learn that the German cast isn’t merely of mixed race, but straight-up Black instead! Nothing against “people of color” (Me Included) per se, you understand – but come on man! Were it not for its blot-out-Whitey-from-history symbolism, this spectacle would be laughable. You wouldn’t expect to see a blond-haired / blue eyed actor playing the part of Martin Luther King, or Simon Bolivar for example, would you?

I know, Mr. First President. I know I know, Mein Fuhrer. I know lol

This horror in Hamburg does offer us a “teachable moment” to bring the exalted reputation of Alexander Hamilton – the nation’s first Secretary of the Treasury – down a few notches. Contrary to the wishes of many of America’s founders, the non-American-born Hamilton (British West Indies) passionately advocated for the establishment of the First Bank of the United States — the privately owned “Fed” of its day. When Hamilton submitted a report to Congress outlining his proposal in 1790, he used the charter of the Bank of England as the model.

Among others, Thomas Jefferson — primary author of the Declaration of Independence and first Secretary of State — feared that a central bank would create a dangerous financial monopoly favoring financiers over plantation owners and family farmers, who tended to be debtors. Jefferson also argued that the Constitution did not grant the government the authority to establish corporations, including a national bank. Despite the contentious opposing voices, Hamilton’s bill cleared Congress and President George Washington signed the bill into law in 1791.

During the young nation’s first “Bank War,” Hamilton had been accused by some of pursuing policies to enrich Jewish financiers overseas (here).  When the first subscriptions to the new bank quickly sold out, an editorial in a Philadelphia newspaper fingered “Amsterdam Jews” as among those “bereft of  honesty or industry” who would benefit from Hamilton’s bank. (here)

Given Hamilton’s closeness to and gushing admiration for “the usual suspects,” it’s not surprising that he wanted such an institution (a destructive institution which died 20 years later when Congress refused to renew its charter, thus triggering the UK-US war of 1812). As a child, Hamilton, born out of wedlock, was educated in a Jewish school which was run out of a synagogue (here) and learned to speak Hebrew. That fact, combined with his “Danish” stepfather’s Jewish-sounding surname of “Lavien,” has prompted even some Establishment whorestorians to speculate that he may have been raised Jewish. In any event, Alexander “Levine” was not shy about declaring his love and even mystical reverence for “The Tribe.” He once wrote:

“The state and progress of the Jews, from their earliest history to the present time, has been so entirely out of the ordinary course of human affairs, is it not then a fair conclusion, that the cause also is an extraordinary one—in other words, that it is the effect of some great providential plan? The man who will draw this conclusion, will look for the solution in the Bible. He who will not draw it ought to give us another fair solution.”

Hamilton also advocated in favor of Jewish immigration and once argued in a court case:

“Why distrust the evidence of the Jews? Discredit them and you destroy the Christian religion.”

Oh barf! He sounds as bad as the Austrian Count Kalergi

1. The Jefferson-Hamilton rivalry wasn’t just about monetary ideology. Jefferson viewed Hamilton as ambitious and corrupt. // 2. Hamilton won the first “Bank War” and the First Bank of the United States (owned in large part by foreign shareholders) was established in Philadelphia. // 3. Ah, show us the shekels, Alex. Show us the shekels!

Hamilton made bitter enemies not just because of economic differences; but because he was a sneaky, dishonorable and dirty tactician — an elitist scumbag with both a keen intellect and a legendary “gift of gab” which appeared to have President Washington under its spell at times. Many of Hamilton’s founding contemporaries — including FOUR future Presidents: John Adams, Thomas Jefferson, James Madison & James Monroe — not only opposed Hamilton’s grand schemes, but they all despised him on a personal level. Though the whorestorians do not dispute this astonishing universal antipathy toward the arrogant bankster; it is seldom mentioned in the modern white-washing (or shall we say, “black-washing”?) of St. Alexander.

Aside from the banksterism, following is a bullet point review of Hamilton’s other most shameful antics:

Offered to lead soldiers to violently crush the Whiskey Tax Rebellion in Pennsylvania — an idea which Washington refused before resolving the matter peacefully
* Slept with another man’s wife (The Maria Reynolds Affair) and later paid off her husband to keep the matter quiet, until it was finally exposed
* Circulated nasty pamphlets personally attacking John Adams
Falsely accused Jefferson — who was a Deist — of being an “atheist”
Used a pen name to falsely accuse Jefferson of keeping a Black slave-girl as his concubine  the origin of the Sally Hemmings baby LIE.

As is often the case with these types of characters, they eventually mess with the wrong man. In Hamilton’s case, that would be Jefferson’s sitting Vice President, Aaron Burr.

Burr was running for Governor of New York in 1804 and lost to little known Morgan Lewis. He blamed his loss on a personal smear campaign orchestrated by the great smear-master Hamilton — a Kingmaker of New York politics. In April, the Albany Register published a letter from Dr. Charles D. Cooper to Philip Schuyler, which relayed Hamilton’s judgment that Burr was “a dangerous man and one who ought not to be trusted with the reins of government,” and claiming to know of “a still more despicable opinion which General Hamilton has expressed of Mr. Burr.” It was the word “despicable” that triggered Burr. In June, Burr wrote to Hamilton, seeking a clarification and disavowal of the remark attributed to him. When Hamilton refused, Burr challenged him to a duel — which took place across the Hudson River on July 12, 1804 at Weehawken Heights, New Jersey because there were laws against dueling in New York.

And that, boys and girls was the end of Alexander “Levine” Hamilton.

Good shot, Mr. Burr!

The US Is Dying, Can We Save Her?

“Liberty must at all hazards be supported.  We have a right to it, derived from our maker.  
But if we had not, our fathers have earned and bought it for us,  at the expense of their ease, 
their estates, their pleasure and their blood.”     – John Adams

“Timid men…prefer the calm of despotism to the boisterous sea of liberty. ”     – Thomas Jefferson

“The people…are the only sure reliance for the preservation of our liberty. ”    – Thomas Jefferson

” A constitution of government once changed from freedom, can never be restored.
Liberty once lost is lost forever. ”   – John Adams

“Liberty cannot be preserved without a general knowledge among the people, who have a right … and a desire to know; but besides this, they have a right, an indisputable, unalienable, indefeasible,  divine right to that most dreaded and envied king of knowledge, I mean of the characters and  conduct of their rulers. ”   – John Adams


The above quotes are from two of our early presidents.  They ran against each other in 1800… In what is sometimes referred to as the “Revolution of 1800,” Vice President Thomas Jefferson of the Democratic-Republican Party defeated one-term incumbent President John Adams of the Federalist Party.  Jefferson served two terms.

I recently read Glynn Adams wonderful article, True Biblical Christianity .  It made me weep because he was so right. I had just one caveat.  It started long before Saul Alinsky; he was just another cog in the 175-year-old wheel promoting the replacement of a free capitalist society with a Marxist one.  In 1848, European communists immigrated to America after failing to implant socialism in Europe.  By 1860 they were flourishing.  There were 13 high ranking officers in the Union Army who were avowed Marxist/Engels communists.  The war was not over slavery, it was over economics to be exact, and 700,000 American citizens died because of that vile and unconstitutional war.  The abhorrent evil of slavery was already on its way out as well it should have been. But that unconstitutional war was the watershed event that changed America forever.  

Karl Marx wrote to Lincoln many times urging Lincoln to use the slavery issue as it would give America a centralized federal government in order to secure a birthplace for communism to easily be spread.  Apparently, Lincoln wrote back to him. Yet, diaries of both northern and southern soldiers kept asking, “Why is slavery being brought into this?”  

That watershed event has led to what our country has become today, and the totalitarian tyranny that has taken hold of our once great nation, the “land of the free and home of the brave.”

America’s Public Education

In 1880, John Dewey’s progressive education was blooming.  Later, John Rockefeller Jr. was enamored with Dewey (no relation to the Dewey of the decimal system) and sent all four of his sons to the progressive school Dewey had birthed.  Every one of them was not only dyslexic but they were functionally illiterate (lack of phonics).  One of those sons was a heartbeat away from the presidency when he was VP under Gerald Ford.  Nelson Rockefeller couldn’t read, and when he gave a speech, he’d come out and lay a bunch of papers on the dais and then proceed to tell the audience that he had prepared a speech, but was going to speak from his heart.  He hired Soviet Agent Henry Kissinger to read to him.

That was the death knell of American academic teaching and the destruction of our youth, which in 1932 was well on its way to a coalition of Marxist thinking and collectivism.  Then came teachers’ unions…you know the rest of the story, by the 50s McCarthy knew we were infiltrated, so the communists destroyed him.  (For a look at the communist planners of the early 1930s, purchase the book, The Turning of the Tides , originally published in 1953. And for the truth of Senator Joe McCarthy, read M. Stanton Evans’ Blacklisted by History .)

Morality

Morality is gone, the filth paraded down the streets of America used to hide in the back alleys, and is now on full display, even to our kindergarten children.  The perversion and fetid noxiousness of this sewage emanates directly from the very pit of hell.  It has been growing for many decades in America and started long ago…does not our Lord call it an abomination in both the Hebrew Bible and the New Testament!?  And these perversions are on display in American politics for all the world to see.  Nearly every corporation has exploded with praise for “Pride Month!”  Pride in perversion and disgusting and filthy activities now claimed by our culture to be normal.  Even L.L. Bean has promoted Pride Day with the stolen rainbow promise of our Lord on their goods.

The Rule of Law

Although the preamble to the Constitution begins with “We the people,” the word “democracy” (mob rule) is not mentioned in the Articles of Confederation, Declaration of Independence, the Constitution, or the Bill of Rights. Even the Pledge of Allegiance is “to the Republic for which it stands.” We are supposed to be a nation of laws, “rule of law” rather than “mob rule.”  One of the inherent weaknesses in a government based  only  on the will of the people is the potential for  mob rule . This was often the downfall of direct democracies, where all the people decided on public matters directly rather than through representatives. We were created as a  representative Republic not a democracy .

Law, that precious thing of justice is now also gone.  Daily we see examples of charges being thrust against the innocents forcing them to lose their savings and livelihoods to defend themselves.  There are so many examples, one cannot possibly list them all, but there are obvious truths blaring to the nation that those with eyes to see and ears to hear know only too well.  

Trump was innocent of charges, but the Stalinist leftists continue to harass him with charges that are unconscionable and serve only to cover over their sins while their comrades in the media continue the harangue of outright lies and prevarications. And Trump wasn’t the only one…General Michael T. Flynn suffered for three and a half years under this tyranny.  Roger Stone is still suffering because of the fraudulent charges against him and the loss of his savings and livelihood.  Both were fortunately pardoned by President Trump.  Today it’s Peter Navarro being harassed and led away from the airport in handcuffs and chains.  An unnecessary show of tyrannical force for the public.

Hunter Biden is free, the illegitimate president in our White House is not being impeached for his failure to protect America. Forty Billion taxpayer dollars has been sent to the fascist nation of Ukraine and you certainly understand just whose pockets the kickbacks will end up in.  Inflation is skyrocketing, food plants are burned to the ground, the southern border is flooded with elements of danger for American citizens.  It is an invasion the president is supposed to protect us from, but ignores his constitutional oath and duties in order to bring to us the “Great Reset.”

Durham continues his pseudo attempts at being an investigator who will bring justice and we all know that will never happen.  Hillary’s campaign lawyer, Michael Sussman was acquitted of lying to the FBI because the trial was held in the democratic conclave of DC.  That same conclave will find all Republicans guilty, i.e., Roger Stone.

The illegal and murderous actions of the last two years have served to destroy America’s people and rip the guts from our unalienable Bill of Rights.  Few complained, they mostly complied. The American public acquiesced their freedoms and the societal impact of group think, or mass formation psychosis was parroted from the demonic entities hired by Task Force head, Benedict Arnold Pence.  

Muzzling the Pulpits 

The muzzling of the clergy was done through the Lyndon Baines Johnson Amendment of 1954.  Johnson had faced political difficulties and attacks from organizations in his home state of Texas.  So LBJ proposed the amendment to the tax code that has greatly restricted the free speech of pastors and churches on July 2, 1954. 100 Cong. Rec. 9604 (daily ed. July 2, 1954). The words “in opposition to” were added in 1986.  Ass’n of the Bar of the City of N.Y. v. Comm’r , 858 F.2d 876,879 (2d Cir. 1988). 

“The IRS rule that strips tax exemption from churches engaged in electioneering was born of Lyndon Johnson’s Texas politics, not the U.S. Constitution,” Larry Witham, Texas politics blamed for ’54 IRS rule LBJ wanted to keep Senate seat, WASH. TIMES, Aug. 27, 1998 (discussing a study done by James Davidson, a Purdue University sociologist).

Unbelievably, it passed and it was not clear why Congress even enacted it .  There was little to no debate over the amendment or how it would even influence churches, so I suspect backroom finagling went on just as it has for over 175 years and as it is today.

For the first century and a half our nation had a tradition of our clergy being involved in the political activities of the day.  It was commonplace for preachers and rabbis to speak of candidates and issues.  But that was stopped by LBJ, who had also cheated to gain the Senate seat which he had actually lost to former Governor Coke Stevenson.  Link Check out History of the 501(c)3 .

The IRS Gov website states, “Section 501(c)(3) organizations are restricted in how much political and legislative ( lobbying ) activities they may conduct. For a detailed discussion, see  Political and Lobbying Activities . For more information about lobbying activities by charities, see the article  Lobbying Issues PDF ; for more information about political activities of charities, see the FY-2002 CPE topic  Election Year Issues PDF .”

So, if a church or organization has received tax exempt status as well as the ability to deduct your charity giving from your income tax, then you best keep your mouth shut about any political activities.  Otherwise, you’ll be harassed into closure if you disobey these draconian and censorial laws.

Political Sermons of the American Founding Era

How different the sermons and papers were from 1730 to 1805, the founding era of our country.  Ellis Sandoz’ edition of the 1600-page book of political sermons from that era is still available here .  They are starkly different than any you’d hear today from any of our clergy.

In 1800, Tunis Wortman wrote to his Christian readers and his entire address can be read in full here .  In this letter, he is defending Thomas Jefferson against the charge of deism.

Here is just one paragraph of that momentous tome:

I address you upon the most solemn and momentous subjects which can interest the mind-religion and liberty. I consider you in the capacity of believers and patriots, as equally anxious to maintain every inestimable right which appertains to Christians and to men. You have a religion which deserves your pious solicitude; but need I to remind you that you likewise have a country! Are you to be told that your duty, as Christians, is irreconcilable with the sacred obligations which bind you to the state? Are you at this day to be solemnly and seriously called upon to sacrifice your freedom upon the altars of your God? No, my countrymen, your religion is inestimable and worthy of your care. Your civil constitution is also invaluable. It is the palladium of all your social blessings, and the peculiar gift of providence. Your obligations to your children, to your country, and to heaven, command you to defend that constitution. With a voice too powerful to be resisted, they conjure you to cling to, and fasten upon it, “with the last strong hold which grapples into life.”

Conclusion

We have lost so much in these 235 years of America.  Our country was founded by great statesmen, men of letters and men of faith, men who desired freedom and liberty at all costs.  We have failed to defend what they gave us.  It is way past time for all good men to stand for freedom, liberty, justice, morality, academic education and true God given Judeo and Christian faiths.   

July 4 th is upon us…Independence Day, where our founders threw off the chains of taxation and control from Great Britain and fought for our own independence from tyranny.  It is time to take to the battle once again.  The cost is even higher this time, but if we wait much longer, our fate will be decided and the losses will be greater than those we’re seeing today.

Please take a stand against this Luciferian evil which has permeated our beloved nation.  Too many have died to save her, let them not have died in vain.

NY Times Mocks “Rural America” Mocked for “Vaccine Skepticism”

This hatred for the country class by the likes of Krugman, Sulzberger, Soros, , Schwab, Rothschild and the rest of the loony Left mirrors that which the Bolsheviks of revolutionary Russia had for the “kulaks.”

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Politically, rural America is increasingly a world apart.

DECEMBER 21, 2021
(Headlines of past 2 years)

NY Times:

* Faith, Freedom, Fear: Rural America’s Vaccine Skeptics
 * Rural America’s Covid Problem
 * Coronavirus Spreads to Rural America
  * Why Rural America’s Digital Divide Persists
 * America’s Red State Death Trip
 * Getting Real About Rural America
 * H.I.V. Is Coming to Rural America. Rural America is Not Ready

The elitist denigration of America’s country / rural class — aka “Rural America” — has long been a journalistic staple of the (((city-slickers))) at Sulzberger’s Slimes. After Trump’s unexpected victory of 2016, there was talk of disenfranchising his country supporters by abolishing the electoral college in favor of the straight popular vote — a deliberate subversion of the Constitution which would leave heartland folk politically disenfranchised as urban Demonrat voters overpower them in presidential elections.

After Stupid-19 was launched, “Rural America” was attacked for not embracing perpetual lock-downs, mask-wearing and “social distancing.” And now, in response to the “vaccine hesitancy” of folks in “Rural America”  we notice the malicious Marxists at the Manhattan Madhouse on 8th Avenue are again launching snobbish cheap shots at the good and Godly people of Thomas Jefferson‘s “Rural America.”

In all nations and in all ages — virtue, religion, tradition, hard work, family, self-reliance and love of liberty have always been more deeply-rooted in rural / agricultural regions than in the big cities. Much like typhus, the metaphorical “lice” of corruption spread much easier and faster in the crowded financial centers than in the open spaces where people work hard for an honest living. Indeed, whereas Alexander Hamilton and, decades later, Karl Marx favored the cities; Jefferson, (the main Father of the Declaration of Independence & 3rd President), once wrote to James Madison(the main father of the U.S. Constitution & 4th President):

“I think our governments will remain virtuous for many centuries as long as they are chiefly agricultural; and this will be as long as there shall be vacant lands in any part of America. When they get plied upon one another in large cities, as in Europe, they will become corrupt as in Europe.”

In “Notes on the State of Virginia,” Jefferson wrote:

“Those who labour in the earth are the chosen people of God, if ever he had a chosen people, whose breasts he has made his peculiar deposit for substantial and genuine virtue. It is the focus in which he keeps alive that sacred fire, which otherwise might escape from the face of the earth. … The mobs of great cities add just so much to the support of pure government, as sores do to the strength of the human body. It is the manners and spirit of a people which preserve a republic in vigour. A degeneracy in these is a canker which soon eats to the heart of its laws and constitution.”

Tell it, Mr. President. Tell it!

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Thomas Jefferson & James Madison — The two Virginians — primary authors of the Declaration of Independence and the US Constitution respectively —  understood the importance of a thriving rural class as the true foundation for morality and liberty
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The anti-family degenerate control-freak Karl Marx, on the other hand, was pro-big-city.

The content of the Slimes articles listed above — all from the past few years — is as offensive as it is inaccurate. How is it that the journalistic hyper-sensitivity manifested toward the delicate feelings of “the Jewish People,” Asians, “people of color,” queers, trannies, alien invaders and even child-sex monsters is suddenly discarded when it comes to spewing raw, ignorant bigotry at the rural country class? Though none of the above-referenced pieces preach overt hatred, the patronizing “looking-down-their-hooked-noses” condescension is apparent. The spin, though not blatantly stated, is unmistakable to a semi-discerning reader: — Rural folk are not “educated” …. rural folk are xenophobic …. rural folk are obsessed with guns — rural folk are homophobic .. rural folk refuse to “follow the science” of Stupid-19 — and rural folk remain prudishly anti-“sex education” in the face of sexually transmitted diseases… and, of course, the bottom-line, quoting Paul Krugman(cough cough) — the author of two of the three articles listed above:

“Rural America is also pretty much the only place where Donald Trump remains popular.”

There it is! The true Globalist Bolshevik motive behind the relentless attacks against the true America: Those damn, rebellious, backwards-ass, “fly-over country” rubes, in spite of our Fake News barrage, continue to support Donald Trump — even though he “lost” the election!

Of course, in that oh-so-typical narcissistic psycho manner which these (((slicksters))) are notorious for; Putrid Paulie preemptively rebuts the expected objections to his anal analysis by feigning empathy as he assures “rural readers” (does he actually believe he has “rural readers?”)  that what he just said is not really what he just said:

“I’m sure that some rural readers will be angered by everything I’ve just said, seeing it as typical big-city condescension. But that’s neither my intention nor the point.

Ok, Paulie. That’s very gracious of you. I’m sure that Billy-Bob, Jethro & Bubba are quite moved by that clarification (rolling eyes).

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In accordance with UN “Agenda 21” and “The Great Reset” Klaus Schwab (cough cough) and & Paulie Krugman (cough cough) want all the rural folk disarmed, chipped and then herded into easily controllable and easily corruptible cities.

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Election 2016: Trump won rural counties in red — Killary won the urban counties in Blue.
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The Electoral College system blocked the crowded cities from dominating the rural voters. Though Killary won the popular vote (due to fraud), Trump still won the election.
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CBS TV’s Jewish-produced “Beverly Hillbillies” made mockery of southern rural folks. It’s all connected.

This barely-veiled hatred for the country class by the likes of Krugman, Sulzberger, Soros, , Schwab, Rothschild and the rest of the loony Left mirrors that which the Jewish Bolsheviks of revolutionary Russia had for the “kulaks.” The kulaks were those Russian peasants who — after Tsar Alexander‘s emancipation of the serfs in 1861 — became independent enough to own a farm and hire labor. For years after the  Bolshevik revolution, the conservative kulaks resisted Lenin’s, and then Stalin’s forced agricultural collectivization schemes. Millions of kulaks — as well as millions of non-land-owning rural Christian conservative Russian folk — were exiled, starved, arrested, tortured, raped and murdered by the hate-filled Jewish-run Checka and its secret-police successor organizations. This program was openly referred to as “de-kulakization” — an earlier and far more comprehensive version of the ongoing South African Farm Murders.

Make no mistake about it. If odious semi-human scum such as Krugman — notwithstanding his pathetically feigned and apologetic qualifiers for his “rural readers” — had his way, a modern-day Cheka would be unleashed to kill off and urban-herd many millions of America’s rural “deplorables” too — albeit more humanely — maybe.

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A Soviet parade under the banners “We will liquidate the kulaks as a class” and “All to the struggle against the wreckers of agriculture”
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Soviet propaganda poster stating “Oust the kulaks”
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Red Monster Felix Dzerzhinsky formed the dreaded terroristic Cheka.
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Under his command, as many as 90,000 Bolshevik Jewish agents killed and, in many cases, sadistically tortured countless millions of rural Christian Russians.
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Killary Rotten Clinton — who wants to abolish the electoral college and go to urban-driven popular vote only — made this overtly bigoted comment during the 2016 campaign: 
“You know, to just be grossly generalistic, 
you could put half of Trump’s supporters into what I call the
 basket of deplorables. Right? The racist, sexist, homophobic, xenophobic, Islamaphobic—you name it.”

Central Banking as an Engine of Corruption

by Thomas J. DiLorenzo

thomas jefferson vs. alexander hamilton

Much has been written about the famous debate between Thomas Jefferson and Alexander Hamilton over the constitutionality of America’s first central bank, the Bank of the United States (BUS). This was where Jefferson, as secretary of state, enunciated his “strict constructionist” view of the Constitution, making his case to President George Washington that since a central bank was not one of the powers specifically delegated by the states to the central government, and since the idea was explicitly rejected by the constitutional convention, a central bank is unconstitutional.

Treasury Secretary Alexander Hamilton notoriously responded by inventing the notion of “implied” as opposed to enumerated powers of the Constitution.

George Washington signed legislation creating the BUS not because of the strength of Hamilton’s argument but because of a shady political deal. The nation’s capital was being relocated from New York to Virginia, and Washington wanted the border of the new District of Columbia to abut his property at Mount Vernon. In return for a redrawing of the district’s border, Washington signed the Federalist’s legislation creating the BUS.

America’s first central bank was borne of a corrupt political deal, but that particular act of political corruption pales in comparison to what Hamilton and the Federalists really had in mind. As Murray Rothbard wrote in The Mystery of Banking (p. 192), Hamilton and his political compatriots, especially defense contractor/Philadelphia congressman Robert Morris, wanted

to reimpose in the new United States a system of mercantilism and big government similar to that in Great Britain, against which the colonists had rebelled. The object was to have a strong central government, particularly a strong president or king as chief executive, built up by high taxes and heavy public debt.

An especially important part of what Rothbard called “the Morris scheme” was “to organize and head a central bank, to provide cheap credit and expanded money for himself and his allies.”

Hamilton was Morris’s Machiavellian string puller in the Washington administration. As explained by Douglas Adair, an editor of The Federalist Papers (1980 Penguin Books edition, p. 171),

with devious brilliance, Hamilton set out, by a program of class legislation, to unite the propertied interests of the eastern seaboard into a cohesive administration party, while at the same time he attempted to make the executive dominant over the Congress by a lavish use of the spoils system. In carrying out his scheme … Hamilton transformed every financial transaction of the Treasury Department into an orgy of speculation and graft in which selected senators, congressmen, and certain of their richer constituents throughout the nation participated.

What Adair is talking about here is how Hamilton went about nationalizing the old government debt. New government bonds were issued and the old debt was to be cashed out at face value. This plan “immediately became public knowledge in New York City,” wrote John Steele Gordon in Hamilton’s Blessing (p. 25), “but news of it spread only slowly, via horseback and sailing vessel, to the rest of the country.” Thus, a tremendous arbitrage opportunity was created for the New York/Philadelphia political insiders like Robert Morris and his business associates. This was the first instance in US history of political insider trading.

The political insiders, including many members of Congress, immediately swung into action to purchase as many of the old government bonds as they could from unsuspecting Revolutionary War veterans for as little as 2 percent of par value. As historian Claude Bowers described the scene in his book, Jefferson and Hamilton,

expresses with very large sums of money on their way to North Carolina for purposes of speculation … splashed and bumped over wretched winter roads…. Two fast-sailing vessels, chartered by a member of Congress … were ploughing the waters southward on a similar mission. (p. 47)

Among the men who became instant millionaires were “leading members of Congress who knew that provision for the redemption of the paper [at face value] had been made,” wrote Bowers (p. 48).

Upon observing this caper, Hamilton’s political nemesis, Thomas Jefferson, came to understand that Hamilton was intentionally creating a system of institutionalized corruption in order to buy the political support in Congress for his party’s big-government mercantilist/imperialist agenda — the very kind of political system the colonists had waged war against. In a February 4, 1818, essay (in Thomas Jefferson: Writings, pp. 661–696), written long after Hamilton’s death in 1804, Jefferson recalled what Hamilton was up to: “Hamilton’s financial system had two objects. 1st as a puzzle, to exclude popular understanding & inquiry. 2ndly, as a machine for the corruption of the legislature” (emphasis added).

With regard to the latter “object,” Jefferson explained that Hamilton

avowed the opinion that man could be governed by one of two motives only, force or interest: force he observed, in this country, was out of the question [note: this was pre-Lincoln]; and the interests therefore of the members [of Congress] must be laid hold of, to keep the legislature in unison with the executive. And with grief and shame it must be acknowledged that his machine was not without effect.… Some members [of Congress] were found sordid enough to bend their duty to their interests, and to look after personal, rather than public good.

Jefferson then described the very same scene mentioned above in the quote from Claude Bowers:

The base scramble began. Couriers & relay horses by land, and swift sailing pilot boats by sea, were flying in all directions. Active partners & agents were associated & employed in every state, town and country neighborhood, and this paper was bought up at 5 and even as low as 2% in the pound, before the holder knew that Congress had already provided for its redemption at par. Immence sums were thus filched from the poor and ignorant.

“Men thus enriched by the dexterity of a leader [Hamilton],” Jefferson wrote, “would follow of course the chief who was leading them to fortune, and thus become the zealous instruments of all his [political] enterprises.”

But the political power created by such graft was only temporary, said Jefferson. “It would be lost with the loss [i.e., retirement or death] of the individual members [of Congress] whom it had enriched.” Therefore, Jefferson reasoned, “Some engine of influence more permanent must be contrived.” This permanent engine of corruption, said Jefferson, “was the Bank of the U.S.” A central bank, once established, would be very difficult to destroy, and would inevitably become a permanent source of financing for political bribery and manipulation. How prescient.

Jefferson concluded that “Hamilton was not only a monarchist, but for a monarchy bottomed on corruption,” with a central bank being the financial centerpiece of the corrupt regime. He arrived at this conclusion based on observing Hamilton’s behavior as Treasury Secretary, as well as a personal conversation involving himself, Hamilton, Secretary of War Henry Knox, President John Adams, and Attorney General Edmund Randolph in 1791, the year the BUS came into being.

Jefferson recalled how President John Adams said of the British constitution, “purge that constitution of its corruption, and give to its popular branch equality of representation, and it would be the most perfect constitution ever devised by the wit of man.” To which Hamilton objected,

Purge it of its corruption, and give to its popular branch equality of representation, & it would become an impracticable government; as it stands at present, with all its supposed defects, it is the most perfect government which ever existed.

Hamilton was “so bewitched & perverted by the British example,” wrote Jefferson, “as to be under thoro’ conviction that corruption was essential to the government of a nation” (p. 671). Hamilton viewed “his” bank, the Bank of the United States, as being absolutely essential to his Americanized version of “the most perfect government which ever existed.”