Paterson, NJ: Birthplace of U.S. Industry?

In 1791, Secretary of the Treasury Alexander Hamilton needed to establish an "industrial city" to power the nation's economy. He found the perfect place in northern New Jersey.
From: AERIAL AMERICA: New Jersey
bit.ly/1GL38ai

[@geraldobrien7323]

It looks a lot nicer from above.

[@lisanovak913]

Hi, my name is Lisa R. Nyman and I' m originally from Paterson, New Jersey born and raised. I remember the Great Falls, Hinchcliff Stadium, the restaurant right across the street diagonally from the Great Falls and i remember when they use to have the great falls festival. I remember that john F Kennedy wasn't to far from there, neither was the cemetary. Downtown paterson you had jacobs, woolworths, meyerbrothers, Mcdonalds, you also the army and navy recruitment office, the lingera store, city hall, the italian restaurant, legal aid, the banks

[@samanthab1923]

My husband was born & raised in Paterson, his mom too. 21st Ave. Saw on the news their trying to bring Hinchcliffe back.

[@justbecause9747]

Wow. You said “Jacobs”! Would go there as a child. I think the restaurant you’re referring to by the falls is Libby’s! Believe it closed down recently.

[@justincraig398]

That restaurant is called Libby’s . Or should I say ‘was’

[@carameltones1]

@@samanthab1923 Hinchliffe stadium had a grand opening ceremony June 2023 they have baseball games there now

[@samanthab1923]

@@carameltones1 That’s great!

[@vizzyvidz1906]

When you see a drug transaction from a helicopter view..

[@msshygirl1015]

Where i was born and lived the first 18yrs of my life.

[@tmacbri5805]

My hometown

[@JasonRamosNJ]

The only decent thing you can see in all of Paterson!

[@larciabella]

actually the old buildings are very interesting and it's city hall is modeled after Lyon's City Hall in France.Paterson SILK city USA Lyon Silk Capital of Europe.

[@cashbrooks6375]

As we jump to the end the road though we can't let go it's impossible I belong to you you belong to me

[@mfersmagnetfishers]

I was born in Paterson and I Magnet Fish that whole area 🧲💪

[@MohammedRedwan]

Oh, i live right next to it lol.. @1:23 opposite side of the big red building.

[@gregkors8791]

This place is history enjoy it

[@deindustrialization796]

+Greg Kors
The financialization of the American economy
American De-Industrialization
Continues Unabated
“Hollowing Out” in U.S. Manufacturing
American real economy collapse
America's economic elite has long argued that the country does not need an industrial base. The economies in states such as California and Michigan that have lost their industrial base, however, belie that claim. Without an industrial base, an increase in consumer spending, which pulled the country out of past recessions, will not put Americans back to work. Without an industrial base, the nation's trade deficit will continue to grow. Without an industrial base, stranded in low-paying service-sector jobs. Without an industrial base, the United States will be increasingly dependent on foreign manufacturers.
Wall Street bankers destroyed the real economy of the United States
The Financialization of the Economy Hurts Manufacturing
Corrupt politicians have become the puppet of the Wall Street bankers.
Over the past 35 years, the American ruling class, represented by Democratic as well as Republican governments, has dismantled much of the industrial infrastructure of the country. It has shifted its money-making activities increasingly to parasitic and non-productive forms of financial speculation.
The financialization of the US economy-its increasing domination by a handful of Wall Street banks and hedge funds-has been dramatic. In 1980, the financial industry accounted for only 6 percent of corporate profits. Today it accounts for close to 50 percent.
As manufacturing was dismantled and economic activity shifted more and more to financial manipulation, the enrichment of the financial-corporate elite was increasingly separated from the creation of real value through the process of production.
The TPP would be the final death blow to American manufacturing

[@markcitarella454]

Yes history then 3 blocks away you got heroin hookers and murder enjoy it 🤣

[@ZanO_fps]

I live there

[@nelsonzapata4555]

Quiero ver los documentales en castellano

[@staffordmcanuff8675]

so how did ya get to record over the falls but if a citizen does its a $10000 fine? and why didnt you talk about the doorway u can clearly see by the falls. tartar

[@mattwatts3658]

🔥🔥🔥

[@josephvelopy9549]

With West Paterson becoming wood lands park and them paying for the falls and hinchcliff stadium is it all to see Paterson shacking in it Boots

[@cashbrooks6375]

Rogers train

[@cashbrooks6375]

A yellow backen soda filled submarine

[@cashbrooks6375]

Colt gun

[@bmillerdrums]

Very flattering shots of the city. To be honest the place is a dump. It has and had, like the narrator stated here a ton of potential but really for the most part its a fuckin sewer. I hate to say it but its true. I wonder what Hamilton or G. Washington would think if they witnessed Paterson in the 21st century? I'm sure they would collapse from shock.

[@lisanovak913]

Why what has happened there? I' m from there originally

[@lisanovak913]

Ehat has happened to paterson? I'm asking because i was born and raised there

[@lalaland2107]

@@lisanovak913 poverty, violence, drugs.

[@geraldobrien7323]

@@lisanovak913 They keep up the falls area as good as they can, but even there you can see an absolute sea of garbage and broken glass along the Passaic River. And yeah, some of those buildings are interesting, but if you wander away from the falls area, you’re gonna run into some sketchy individuals. It’s a shame. The Paterson Falls area would be such a tourist area the same way several former industrial areas around NJ and Pennsylvania have become, but it’s such a mess that it wouldn’t be worth the clean up.