We have been explaining how Alexander Hamilton’s original financial plan for the US, including the First Bank of the United States, created a system of government debt that would finance a military machine and the furtherance of empire. This was clearly seen by Hamilton’s opponents in the 1790s but by no one more clearly than John Taylor of Caroline, a Virginian allied with Thomas Jefferson. Taylor’s arguments are explained in this 38-minutes video by Michael Boldin of the Tenth Amendment Center.
Among John Taylor’s arguments, he spoke of how America won its War of Independence against Great Britain, but was immediately taken over by Hamilton’s party of banking oligarchs. Taylor wrote:
“America has defeated a nation, but is subdued by a corporation. She defended her property against open violence, to be cheated of it by private fraud. She was too hard for her enemies, but a junto of false friends are too hard for her. The bank without a pretence of claim upon the community, has found means to occupy the station precisely, which Great-Britain was striving to fill.”
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Richard C. Cook is a retired U.S. federal analyst with extensive experience across various government agencies, including the U.S. Civil Service Commission, FDA, the Carter White House, NASA, and the U.S. Treasury. He is a graduate of the College of William and Mary. As a whistleblower at the time of the Challenger disaster, he exposed the flawed O-ring joints that destroyed the Space Shuttle, documenting his story in the book “Challenger Revealed.” After serving at Treasury, he became a vocal critic of the private finance-controlled monetary system, detailing his concerns in “We Hold These Truths: The Hope of Monetary Reform.” He served as an adviser to the American Monetary Institute and worked with Congressman Dennis Kucinich to advocate for replacing the Federal Reserve with a genuine national currency. See his new book, Our Country, Then and Now, Clarity Press, 2023. Also see his Three Sages Substack and his American Geopolitical Institute articles at https://www.vtforeignpolicy.com/category/agi/.
“Every human enterprise must serve life, must seek to enrich existence on earth, lest man become enslaved where he seeks to establish his dominion!” Bô Yin Râ (Joseph Anton Schneiderfranken, 1876-1943), translation by Posthumus Projects Amsterdam, 2014. Also download the Kober Press edition of The Book on the Living God here.
Featured image: A statue of Hamilton on the south patio of the Treasury Building in Washington, D.C. (Public Domain)
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