Alexander Hamilton on a National Bank
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- เผยแพร่เมื่อ 26 ส.ค. 2024
- The First Bank of the United States was needed because the government had a debt from the Revolutionary War, and each state had a different form of currency. It was built while Philadelphia was still the nation's capital. Alexander Hamilton conceived of the bank to handle the colossal war debt - and to create a standard form of currency.
Thomas Jefferson, George Washington, and John Adams are also in this video.
I love Washington's expression, he's thinking "Bloody hell I'm gonna have to stop a fight in a minute"
As vehement as their disagreements and quarrels were, I'd gladly accept it if by an impossible miracle we could have these men running our country nowadays.
What a ridiculous thing to say. The world is nothing like it was then. They were what we needed then, that doesn't mean they're what we need now. I whole-heartedly agree that we need a much better class of politician today, but that is where our agreement ends.
I would expect, @@mechanomics2649, that if we had the means to bring them here, men of such profound education and intellect would be able to adapt to the postmodern world reasonably quickly. But of course this is really a moot point, since freakybuzz is * not * actually imagining such a scenario, but merely speaking rhetorically as a means to critique the seemingly infinitely ignorant and cretinous people now in charge of the nation (which, I guess, continues to move forward -- for the time being -- on the strength of historical and cultural inertia).
But you already knew that, didn't you @@mechanomics2649 ? You were just lashing out for for the sake of the dopamine rush superciliousness provides, n'est ce pas?
@@mechanomics2649 I think he meant a more idealistic and less self-interested/corrupted type of politician, who at the same time stands out among their contemporaries in terms of intellect, sense of responsibility, measured idealism, etc. I'm curious what exactly your criticism is, since I don't think that he literally meant that those same exact men, as in men with 18th century sensibilities, brought here via a time machine or whatever, are what is needed.
Washington and the Virginia Gentry could only save this country.
More than two hundred and thirty years later we are still having the same fight.
Thats right, conservatives cant give up the same erroneous views largely based on distrust and ignorance that Jefferson hammered into the nation despite having been proven wrong repeatedly.
@@DavidJGillCA .... You mean despite the left spending trillions of dollars we don't have?
@@pokerone6489 The trillions you are so concerned about were spent mostly by Bush and Trump on pointless wars and counterproductive tax cuts. Republicans are never concerned about their own wasteful spending. Don't be so hypoccritical.
@@DavidJGillCA Trump was the first president not to get us into another war. Don’t lump hun together with bush because you’re intimidated by him. Republicans did not put forward a multi trillion dollar infrastructure deal, Democrats did. You’re another dumb shit who’s obsession with Trump is greater than it ever was. How you can defend the actions of Biden is beyond me. Try again.
@@pokerone6489 again why the hell do we need so many tanks , fights jets etc? That crap is expensive. So what's the problem. First . Let mind our dam business and stop pissing off other countries. Then maybe, we won't have so many enemies. Second. We don't need a huge army either. I mean our neighbors are Mexico and Canada . We could handle them. We have two big ass bodies of water between us and any possible threats. No one is gonna invade us . Just the paper work alone would be insane. 78 million dollars for a jet folks. The hell.
Jefferson spotted the Civil War from a mile away 🤔🤔🤔
Yeah but for the wrong reasons. He didn't want the central government to be financially responsible, and thus more powerful, than the south because the south paid all of their debts. But the reason that the south was able to pay all their debts was because they had an agrarian economy that was dependent on slave labor. When your labor costs are essentially 0, then of course you have the money left over to pay your debts.
The reason why Virginia was able to pay off its debts wasn't just because of slave labor. A lot of the debts that the other states had were due to the expenses of fighting the revolutionary war. Since Virginia was far from the front lines for most of the war, it was less affected than other states and incurred less war debt. In addition, Virginia claimed a lot of land out west that they did not really administer or control. They made tons of money selling this land they claimed to people, so that also helped to pay off their debts.
@@toddkloos3965 virginia was one of the foremost states to involve itself in the funding and recruitment of the revolution.
It was bound to happen as will it happen again, and again.
@@Nnnnn636 If you understand the economic causes of the Civil War, then yes it’s very relevant.
President Jefferson:
I'll give him this, his financial system is a work of genius. I couldn't undo it if I tried. And I've tried." Sorry, couldn't resist.
People on here criticize Hamilton, but history has proven him right. Hamilton put the United States on the path to becoming a major player on the world stage. A country that wants to participate in trade with the rest of the world must establish credit and doing so at the very beginning was a sign to the world that America was serious about participating.
If we assume the debts, the union gets a new line of credit, a financial diarrhetic. How do you not get it? The union gets a boost, you'd rather give it a sedative?
+ƒine-ƒeather'd ƒiend That's just wrong, it's fiction and it's a lie. There are no facts that back up such an idea.
Banks are destroying America. They get away with robbing the American people and our lawmakers didn't jail a single one of them. Hamilton's ideas have been corrupted, and now it seems we can't get out of it
He was a complex character
Born into poverty in the Caribbean
Risen to riches
Helped found a nation
Bitter enemies with some of his fellow founding fathers
Was the only true anti-slavery one of them
Yet at the same time was the most inclined for power over rights
Ended up dying for love
@Eddy Spaghetti Hamilton has always lived in America.
Anyone else has imaginary dinner parties with these men 😂
You bet I do. And even in my imagination i still make myself look like a fool due to lack of knowledge.
As an enthusiast of the American Revolution, I always sit back and lite up a cigar and act like I’m apart of these discussions/scenes. LOL
People in the comments here are talking about Hamilton vs. Jefferson on the central bank, but I also thoroughly enjoy the exchange between Washington and Adams. GW politely but firmly reminds Adams of the pecking order. He was one of the guys who could demand the behavior of Adams, and Adams would listen.
Well said
First of all, how dare you use the name "Fingolfin" and then use Gwaihir as your avatar. For shame!
Second, I only saw this once and that was waaaay back when it was on tv so my memory is a little fuzzy... but I am very certain what happened between Washington and Adams in this scene is: Adams had been going around trying to make people call The President various British-sounding titles (like "His Royal Highness" and "His Excellence" and so forth) and in this moment George is displaying his distaste for THAT, not just trying to remind his veep who's boss.
Also I hope the jovial sentiment behind these two statements came across plainly. ^_^
Basically if you think Hamilton was right, you can’t complain the USD is worth nothing. Go lick the balls of the bankers who create the FED
He was very polite until that last bit of "Mr President, and nothing more.:
He should have just stfu instead of building bad blood between him and Adams.
@@xeltanni8999You are correct, but I was also wondering why Washington also required Adams to excuse himself from the matters of cabinet talk. It must have been for more than merely that title business. Has it always been that the vice president was not allowed in cabinet meetings, and if so, why? I'm Canadian, and so am not knowledgeable in these matters.
Hamilton was right. And it's still a principle that holds true today in modern banking. If not for Hamilton, and of course the endeavors of all the founding fathers, America might not have lasted as long as it could. Although HBO's portrayal of Hamilton is a bit... abrasive he was still a founding father and great mind. A man everyone should aspire to, and to whom we owe our gratitude.
Hamilton's ideas were genuine , however Hamilton lacked the foresight of Jefferson. Hamilton did not account for weaker men to gain control of the banks and twist them to nefarious ways. Hamilton would be disgusted by Wall Street today.
My favorite founding father
When you put it like that Hamilton was wrong, America should have not lasted this long.
Hamilton was wrong, the central bank has been source of majority of America's problems
Personally my favorite founding fathers are John Adams, who seems more reasonable and pragmatic than Hamilton & Charles Carroll the only Catholic.
And also they were the only founding fathers who weren’t Freemasons.
The actor who plays Alexander Hamilton here also stars as Crown Prince Leopold in "The Illusionist". Just a short fact.
He also starred in Dark City, too IIRC
Carl Scruggs That movie was the BOMB. :-) That man could really TUNE!
How do I get to Shell Beach?
Also Stannis in got
@@aaronbarnes2550 That's the guy playing Jefferson ;)
"Mr. President. And nothing more." What does this mean? What is the beaf between Washington and Adams?
Adams wanted it to be something like "His Majesty The President," trying to get the presidency more on par with crowned heads of state.
If we assume the debts the union gets a new line of credit, a financial diuretic, how do you not get it? The union needs a boost, you want to give it a sedative.
+jessicatheninja fuck you. I read "If we assume the debts" and I'm just like goddamit.
Banks=Zionist corruption pure and simple.
@@marcusholbert2525 Banks help infrastructure and speed up development, which is good for both remote and urban communities. They are only bad for unsuccessful people, who our Nation has no use for
Banks=good
Unskilled citizens are the real problem here.
YESSSS HAMILTON
And another thing Mr. "Age of Enlightenment". Don't lecture me about the war, you didn't fight in it! You think I'm frightened of you, man?
We almost died in a trench
While you were off getting high with the French
Thomas Jefferson, always hesitant with the President
Reticent there isn't a plan he doesn't jettison
Madison, you're mad as a hatter, son, take your medicine
Damn, you're in worse shape than the national debt is in
Sittin' there useless as two shits
Hey, turn around, bend over, I'll show you where my shoe fits
If only Jefferson could see what a mess the Hamiltonian plan has produced since the war between the States ended. His predictions were hammer on nail
Adams is just loving this..
The expectation is that the United States' debts would be paid. You don't build good credit without repaying loans, but never taking a loan, or taking extremely low risk loans mean lenders are leery about entrusting larger sums, because you don't have a history of repaying those obligations.
Yep. No credit is as bad as bad credit. Credit history being the largest factor in determining creditworthiness
Mr. Adams was contemplating a title for the Presidency. Everything from "His Excellency the President," to "His Majesty."
Fortunately, Mr. Adams quieted his love affair with authority later in Washington's Presidency and including his own.
I think what he tried to get through Congress was; His Highness, the President of the United States, Protector of their Liberties.
@@odysseusrex5908bruh sounds like an Warhammer title or something
@@odysseusrex5908 I was unaware of this and I appreciate you taking the time to share this historical tidbit. How fascinating.
I liked "his rotundity"
ladies and Gens welcome to the...Civ...Civil...CIVIL WAR!
Actually, no. Not yet.
Central banks are part of the context of the 19th century political debate...and the debate would expose the growing divide among the states on the issue of slavery. Slavery would allow southern states to prosper WITHOUT reference to a stable banking system...whereas it was CRITICAL to the foundation of the northern and midwestern states trade and agriculture.
The issue of banks here in the US would not be properly settled until midway through the 20th century.
Is it just me, or does Jefferson in this look more like Hamilton (in paintings and such) than Hamilton does?
They should do a separate miniseries on GW- having read a fair amount on GW, MOrse does him justice I believe. Even down to his being relatively quiet around Hamilton and Jefferson. And his struggling with ill fitting dentures- which they show here. Even Inaugural address where no one could hear him. And I believe HE added/adlibbed "So Help Me God" at end. Always thought it a shame he died relatively soon after leaving office.
Yes, you are correct. Those words are not prescribed in the Constitution but he, and every one of his successors, has seen fit to append them.
Hamilton was right to an extent. The US got rich off of loans from both world wars and a broad industrial base.
...to an extent.
In order to improve the power and standing of the nation (by which I mean the government), a strong centralized authority buttressed by a national banks was required.
To someone like Jefferson, who understood HOW the British parliamentary system had been established (see the Glorious Revolution) and corrupted by money and financial interests...watching the Republic turn towards the same ends was distressing.
Jefferson's problem was that he could not articulate a better way for the nation to grow and thrive WITHOUT incurring the risk of letting the banks and financial interests rule. Because even IF the US had remained an agrarian state and no national bank was established...then the US would have been destroyed by an outside state which utilized those structures. (See Mexico.)
America has been rich since the colonial era. American colonists were richer and enjoyed a higher living standard than their English and other European counterparts.
Ahh, but Hamilton forgets
His plan would have the government assume state’s debts
Now, place your bets as to who that benefits:
The very seat of government where Hamilton sits
Not true!
@@bigmonkee639 Very true.
Thomas, that was a real nice declaration
Welcome to the present, we're running a real nation
Would you like to join us, or stay mellow
Doin' whatever the hell it is you do in Monticello?
If we assume the debts, the union gets new line of credit, a financial diuretic
How do you not get it, if we're aggressive and competitive
The union gets a boost, you'd rather give it a sedative?
A civics lesson from a slaver, hey neighbor
Your debts are paid 'cause you don't pay for labor
"We plant seeds in the South. We create." Yeah, keep ranting
We know who's really doing the planting
What's wrong with that?
@@iandhr1I absolutely say give the union a sedative. We're better off as separate States anyway. Let VA fend for herself or PA or CA.
THE ISSUE ON THE TABLE
France is on the verge of war with britian.
I feel like Alexander Hamilton would be on the boards of all the major companies now.
More like a Nobel Prize winning economist. He made a nation of farmers into a economic powerhouse.
Or one of Donald Trumps ancestors. This nation as we call it has lost its way. The greed, and the power as it was then is still now in the North.
I wanna be in the room where it happens
2:34 *Hamilton is quoting James Madison here. I wish we would have seen him in the series, too*
Me before I clicked this:
Oooo, Hamilton!
Me thinking: Hamilton: *runs to the table* GUYS WE SHOULD BUILD A BANK!
Hahaha! Adams though he would be in the room where it happens.
Click. BOOM!
Washington with the power move. Gotta respect it.
Adams just kept trying to get a word in lol
@jonmi28 This is the HBO mini series John Adams A MUST SEE!!!!
You can feel the energy in the room.. Washington is sick of Adams at this point.. Jefferson is sick of him too.. it's how he presumes to always be in charge.. even as he sits across from the President... Washington's body language perfectly conveys his exhaustion with Adam's lack of restraint and tact.. He felt it necessary to show him his place.. You're nothing but a vice president.. You don't matter unless I'm dead. Also I love the way Washington stuck the knife even deeper when he asked him about Abigail.. Because most of Adam's friends and colleagues openly preferred her company over his... And he finally twists the knife with the "Mr. President and nothing more" line.. Clearly letting Adams and everyone in the room know.... that his secret love affair with Titles and power.. Isnt a secret at all. Washington is quietly powerful as fuck. He doesn't need a special title.
"give my regards to your wife" is just politeness and doesn't necessarily imply that people prefer her company over his.
Imagine if we, like Caesar, made "Washington" the title of the Presidency.
Thomas Jefferson, wow very prescient. He predicted perfectly what America has become 200 years later
yes he did, he understood that Hamilton's idea was to give Government a lot of power. It was an early form of Communism, we would have traded one form of authoritarian government for another, something the United States should be heavily against.
@J A Ah yes, slavery was just an afterthought.
@@tsipher define communism.
@@nelsonmongare9515 Communism is a political ideology wherein private ownership, property rights, and business is controlled by the state or Government. When I say Hamilton's idea of Governmental power was an early form of Communism, what I meant was that it was to give Government an amount of power that the US could have essentially been a totalitarian country, something Communist countries always evolve into.
@@tsipher So is the US currently a communist country because what Hamilton was advocating for is what is in place at the moment...
And no, communism is *workers* owning the means of production.
I'm not so sure about that. Having occured some debt myself, extends my leverage power. Having too much debt like we have today, would sink investments.
@Viper1Squad The Vice President isn't officially a member of the Cabinet, and Washington said he had "Cabinet" matters to discuss
I wish they would make more movies like this
It’s a Miniseries, but yes I agree. 👍
Pretty good video quality for the 18th century...
Funny how Jefferson and Hamilton share a glance at 3:13-3:14 after Adams gives his two cents.
T.J.: Do you have any idea what he was trying to say?
A.H.: Not a clue.
Fast forward to today, and we are in more debt than what we produce domestically.
@@A-Wesker-5 More like due to every President since Eisenhower
@WintersAscension Yes, because an economy based on agriculture will ensure prosperity for a nation with a population of 300,000,000 people. Jeffersonian, always the idealist and never the realist. From following Hamilton's ideas the USA has achieved much both through money and technology, the increase in wealth increases technology and it advancement which increases the quality of life for the people.
TRUE
Farming is hard life but a good one. We were better off a Nation of farmers.
@@adambowman8543 Lol, nope. If America's economy today was heavily focused on agriculture and not industry & technology, it would just be a feeble shadow. It would be on par with Eastern European economies.
what does "and nothing more" signifies? What else Adams must have said?
Adams wanted to standardize addressing a president as “Your Highness” or “Your excellency.” Old school king stuff. Washington wanted the country to get away from monarchy as far as possible. He made it clear that a president is nothing more than a president.
How does greater debt mean greater credit? The debtor has to pay off the debt first before any credit is given.
Exactly. Basically, "Man, he paid this large sum like he said he would, we can really trust this guy."
Lmao. Glad I wasn't the only one thinking this.....
No
@WintersAscension Jefferson believed in a purely agrigarian economy where slaves were the main work force. If such a system were in place today in the US (not including the slaves) you would have a country with a destitue economy. Not only that but because of the amount of labour that is used in agriculture people will start to resent that life and strive for something more lucrative, which was the commerce system Hamilton favoured. The agrigarian method was fine for the wealthy middle class.
TRUE
You are a liar. Throughout his entire life, Thomas Jefferson was publicly a consistent opponent of slavery. Calling it a “moral depravity” and a “hideous blot,” he believed that slavery presented the greatest threat to the survival of the new American nation.
Why do you have to lie?
“If men were angels, then no government would be necessary.”
Glad they included Hamilton’s clever prose. Only founding father who I quoted and people mistook it for poetry.
"Hey neighbor, your debts are paid because you don't pay for labor." Sorry couldn't resist
Land and labor are not the only means of production, the grandaddy of them all is thought.
Jefferson was right
I don’t exactly understand what he is saying that the US government assumed the debts of the states. Did the US bank lend them money through central bank notes with the states owed it back to the US government. How is that assuming a state debt? I’m missing something here
00% correct sir. If men were angels....Hamilton was spot on. People complain about it, but without an organized central government, we would have been carved up like Poland in the 1600s....
Chris Macy Hamilton says men aren't angels but his ideas have lead to the outright control of America by big banks. This wasn't his intention but that's the result
@@HtheKing777 You are wrong
G. didn't dis Adams. Adams was working on how the President should be addressed. Washington thought it should not make the President seem "High and Mighty", thus "Mr. President" should be the limit. Nothing more.
@SunshineRedH Hamilton is on the 10 DOLLAR BILL!
Hamilton is an american hero.
I agree, good sir.
The founders came to use the word democracy, small 'd', as any form of populace gov't, including a republic. While democracy capital 'D' is not a gov't ever practiced here, so lets stop playing word games.
Well done Mr. Burr
Username checks out. I disagree but this is a funny comment. Idk why I'm responding to this comment from 7 yrs ago
Lol ur too old to see this comment ur probably dead by now
If you control the money supply you control the government
What's hilarious is that they were both correct.
Do you dispute that being credit-worthy is largely established by having taken out and paid off debt? Or that Nation's with a long-standing, honoured debt have the best credit ratings? Furthermore, that in the given instance of the early US it's credit rating soared after assuming the State's disparate debts?
I agree that we should have one currency, and you need a bank. I still hate the idea of borrowing money, to build wealth at the federal level.
ur poor
Why did Washington kick out john adams
When the VP was the runner up from the Presidential election, the it was not customary for the VP to sit in on cabinet meetings
Or perhaps one might wonder of jeffy supporters how they view his role in the Giles Resolutions?: Or perhaps his little talks with Genet? Or perhaps his perpetual debt to bankers, - like most Virginia gentry, Or perhaps his war record as governor of Virginia, or perhaps his using State depart. funds to hire Freneau? or his actions towards the first official British ambassador? I could go on but even I grow weary of so many contradictions between a man's thought & his actions
@ToxicOdiousOne
Debt encourages trade if you borrow a bit, and then pay it back, and borrow a bit, and pay it back. This causes other nations to see that they can trust you as a borrower, so they'll lend money to you for investmenst when you actually NEED it.
As your credibility builds up in matters of credit, it makes you look more trustworthy in other areas, too. In this case...trade.
@jerzy862 OK, but again: why? Washington was the first President, Adams the first Vice President, meaning their was no "constitutional tradition" they could relie on. Meaning: Washington could have handled the issue diffrent and give the Vice President at least a presence in the cabinet. But he didn't. So my question is still: why didn't he?
Dear Southern Democrats, accept our GLORIOUS stock market or accept the jack boots of the Union Army!
He is saying that they are not friends.
TH-cam for "zeitgeist addendum"
"the greater the debt, the greater the credit" Everyone should have stood up and slapped the sh*t out of him right after he said that.
that’s how international trade works he’s not incorrect.
@@topgonz3224 that's how credit cards work as well, does that mean accumulating more and more credit card debt is better for the economy?
@@justcrypto618 Not without paying it.
@Kierkegaard73 The greatest monument to AH is the one we are living in. He needs no monument as we are apart of it everyday.
TRUE
@Prowsky two reasons. One, the VP is also the president of the Senate - which places Mr. Adams as a member of the legislative branch and not the executive. Thus Wash. considered it a separation of powers issue. And two, During the Rev. War, Adams and the Lees' of Virginia had formed a cabal to try and remove Wash as commander and chief of the army - Adams was always envious of Wash.'s popularity. Wash never forgot this intrigue, and was certainly not exactly a fan of Adams
no research properly Adams was the one who appointed him he never for his removal
True they had a dislike for each other but policy wise Adam and Washington were very similar in what they wanted In a government with a few variations.
Washington wasn't a good general; he was brave and a good leader of men but the ocean won the war far more than Washington's leadership of it. He wasn't a good strategist and also wasn't good at troop movement during the heat of battle when things were changing constantly.
Aaron Burr did.
@1:55 -- the North may have all of the money to begin with: but someone has to grow the food. (The South), Hamilton may have been a genius at banking. Hamilton's system was perfect except for not having enough regulation, but can't blame Hamilton, who's going to come up with credit-default swaps without mortages?
Jews
The South didn’t grow the food, they grew tobacco (and later cotton). At this point, small farmers all over the U.S. grew their own food. Later, it would be surplus grown in “the West.” (Today’s Midwest)
@redpunk I'm not sure if the first part of your comment was meant to be facetious or sarcastic.
What exactly did they imagine the VP was for? Why couldn't he be in the cabinet meetings?
In a way, Hamilton and Jefferson was correct. However, giving the Federal Government such authority is wrong. Creating debt is creating dependency which is a type of slavery.
Depends on what the debt is for. Not all debt is bad. One may incur debt to purchase a vehicle to make his life more productive. The resulting increase in money earned can more than pay off the debt of the vehicle. Just one example
@@iamthem.a.n.middleagednerd1053 that's what happened pre-2008 when banks were issuing subprime mortgages to people with questionable credit scores to buy multiple houses, guess what happened when millions of people started defaulting on their mortgage debt. By your logic, if debt was truly good and all the people who took out the mortgages paid it off we would not have the 2008 recession. The fact is that debt is unsustainable and is responsible for the booms and busts in the economy. Why bother writing dodd-frank to increase banks' lending standards if debt is so good as you mentioned?
@@justcrypto618 Dude. Not everyone is the same. In college I knew people who took their student loan money and went to the casino and threw huge parties. I also know people like my cousin who took student loans and went to law school (OU). The people who signed on the dotted line to take home loans and didn't pay off their mortgages paid the consequences of their actions. You're going to punish EVERYONE because SOME were irresponsible?
@@justcrypto618 SUBPRIME mortgage loans are bad. Not all debt. No shit risky lending for the sake of selling mortgage backed securities is a death wish for the economy, but there's nothing wrong with someone with good credit taking on a debt.
@@justcrypto618 that is a private debt which is good as long as the risk of defaulting is correctly assessed. But the National debt is a public debt which can not be defaulted on (unless congress become so whacky to not raise the debt ceiling). If the national debt might become to large it can cause a rise in inflation, but that can be dealt with.
The Lannisters send their regards!
@WintersAscension we could always do like ron paul says and be poorer than eritrea by relying solely on our gold reserves
Does anyone know what the name of this movie is?
Can someone tell me what is the name of this movie? Thank You!
It's not a movie. It's an HBO miniseries from the early 2000s called John Adams.
@WintersAscension
Could you provide a source for that slander?
The question then becomes the following. Is a political-economic union needed in the first place?
Is this a movie if so what's the name of it
What did Washington mean when he said "Mr. President, and nothing more"?
He simply meant that "Mr. President" was a sufficiently respectful form of address and no further elaboration was needed.
berserk1891 I believe there was a discussion about Washington becoming King George of the United States.
Founding Fathers stated before the Constitution was signed that the colonies would not be joined under a Fiat Money System. Unfortunately, this was not stipulated in our Constitution in so many words. Yet, this system of Fiat money was still unconstitutional. Great Movie (Adams-HBO). Brings out much of US History that few really understand or know.
@Jigssaw1989 I'm opposed to the way the government just randomly prints money. I just think it would be easier if they printed the money based on gold at hand ( or whatever standard they have) then the bartering system. A company or whatever could do it i'm sure, the need for government is very limited at best.
Your welcome my friend
We're in a financial crisis because our government's been following Hamilton's ideas. Jefferson's ideas will lead us to prosperity. Jeffersonian forever.
You're poor lol
@WintersAscension (cont) such as Jefferson because it was the slaves and the lower class who performed the manual labour which the middle class lived off of their toil.
Hamilton was right, and Jefferson was wrong. It just goes to show that philosophers often make the poorest governors.
I didn't see the series, but I do know that Washington and Adams didn't have a good relationship while Washington was president. Adams and George had conflicting views on how to run the country. But Adams was vice president, which was chosen different than it is today, the loser of the election go the VP spot. Washington could control who was in his cabinet, but he couldn't control who was his VP, and tension boiled between the two.
@Pilaf1984 OK, but why does it piss him off? Why doesn't he let the VP take part in the "cabinet matters"?
I've never seen the whole series, let alone the lead up to this scene. Why was Washington treating Adams like garbage?
Because it's funny
Interesting how Washington sets the precedent of how disempowered a vice president should be. Imagine if he had treated him as a head of the cabinet and if his presiding role over the Senate had been treated as a defacto Speaker of the Senate role.
truth!
i know right thankyou
I just learned about Hamilton and I will say he was on of the smartest man ever he wanted to USA to collect all debts because that would mean the wealthy elites would lend money to the government it makes so much sense ... To me
He was bought buy the bankers and sold this country out.
What movie is this?
John Adams. It's an HBO mini series.
So lifelong historian here.
One of the contradictions in Jefferson's personality is his abhorrence for 'authority' and his yearning for the 'freedom of man'... but he clings to his own wealth and status like a man in a shipwreck and continually defines himself as a 'Virginia gentleman'.
Now, setting aside the issue of race [every single one of the Founding Fathers was a racist as we define the term today], Jefferson would rather burn Monticello down around his own ears than surrender 50 acres of it to a poor man. His estate, not farm, not plantation... **estate** ... was his and his alone, and he ruled it he were its king. He may complain about money, banks, and authority, but he was the beneficiary and a practioner of all of it his whole life.
If he was a beneficiary and practitioner of authority all his life then why was he unwilling to use his authority as president to prevent the war with Britain?
Ya te traimos en la lista
Really, you like that? Couldn't think of anything else to say eh?
I am sure someone has already said this, but Adams wanted to be in the room where it happens.
Amazing
@TheSirPrise it worked in china. for some people at least
we must have a lot of credit. nice name bty