Friday, May 2, 2014

Goldwater page 44

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Freddie and fannie report - on Bush warnings in 2001 - 2006

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JDR,

Hamilton a progressive socialist - I do not think so - IMO you will find the same thoughts expressed in different terms from most of the Founders/Framers/Ratifiers. Read Franklin's Bio as an example, the paper of Jefferson will show the same. One must remember they were educated in the classic sense and had only experienced living in a Monarchy with a all powerful King - they were united in the thought that they did not want a single central individual power. 

They debated all forms of what they believed were necessary to create a government that would provide the maximum freedoms and protections for the people. Have you read the anti - Federalist papers you might find them interesting and also the minutes of the Convention. Hamilton was in support of a more powerful Federal government and there were others that supported that form but he lost in the end.
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read the last paragraph
"In countries where there is great private wealth, much may be
effected by the voluntary contributions of patriotic individuals;
but in a community situated like that of the United States, the
public purse must supply the deficiency of private resource. In
what can it be so useful, as in prompting and improving the
efforts of industry?"
All which is humbly submitted.
ALEXANDER HAMILTON,
Secretary of the Treasury

A careful examination of the document will show that Hamilton repeatedly called for the expenditure of government funds for "the general welfare" of the nation and the expansion of government power.

As Hamilton emphasized over and over again, the national government cannot promote the general welfare unless it has the power to do so. This was not a settled issue in the early years of the Republic-------

Many believe that Burr saved the Union when he killed Hamilton.

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