Root cause of U.S. demise: Bankers sabotaged Constitution
8th February 2011
. . . he who takes the king’s money becomes the king’s man . . . ancient saying
The perpetuation of debt has drenched the world in blood. Thomas Jefferson
They say timing is everything, and it would be good for us if that
were true, because as we sit here watching America crumble into a
diseased and decaying madhouse, the accurate analysis of what happened
to our freedom and what we should do to regain it is available,
perfectly clear, and ready for use.
Everyone in the world now knows that something has gone terribly wrong
with the American dream, which — you may recall — once upon a time
guaranteed liberty and justice for all. It is clear to all that the
American dream has now become the American nightmare, as the
consequences of our collective bad judgments are exploding in our
faces on every level.
What happened to America can be nicely summed up in just two words —
Hamilton’s Curse — which is the title of a 2008 book by controversial
college history professor Thomas DiLorenzo, well known deconstructor
of Abe Lincoln and other American myths. In “Hamilton’s Curse,” you
see how George Washington’s top assistant, Alexander Hamilton, is the
real father of the United States of America, that bogus construct that
pretends to be a democracy but really is a financial tyranny built
upon Hamilton’s ideas of an empire ruled by an aristocracy.
The PR blurb for this book was something like “it was Jefferson’s
country we brag about, but it was Hamilton’s country we got.” And it’s
a very sad story about how the highest principles ever encoded by
humans into a governmental system got tangled up at their very
beginnings by the same financial forces of evil that plague us now,
inflicting that old boom and bust cycle that periodically leaves
well-meaning families crying and starving on the cold streets of
America as part of the macro financial strategies of the very rich men
who have pulled the puppet strings of society for a very long time.
“Americans are buried in an avalanche of public debt that is hardly
the ‘blessing’ Hamilton promised,” DiLorenzo wrote. “The unfunded
obligations of the federal government alone amount to more than $70
trillion, which would require an average tax rate of more than 80
percent to pay. Why have we become servants instead of masters of our
own government?” he asks.
Neither Jefferson nor Madison ever trusted Hamilton, who from his
beginning as Washington’s top lieutenant and facilitator, was an
unashamed advocate for big government, glorious empire and heavy
taxation, in other words, the same system that had taken over Britain
and driven the American colonists away in search of freedom. Hamilton
wanted a permanent president, or king.
Though he didn’t live to see the results, Hamilton’s philosophical
heirs, particularly Chief Justice John Marshall and President Abraham
Lincoln, imposed Hamiltonian practices on the United States and
eventually whittled away the last noble tenets of the Constitution
before they were permanently eradicated by the totalitarian events of
DiLorenzo, a history professor at Loyola College of Maryland and
popular figure in Libertarian circles, wrote:
“. . . the triumph of Hamiltonianism has been mostly a curse on
America. The political legacy of Alexander Hamilton reads like a
catalogue of the ills of modern government: an out-of-control,
unacceptable, monopolistic bureaucracy in Washington, D.C.; the demise
of the Constitution as a restraint on the federal government’s powers;
the end of the idea that citizens of the states should be masters,
rather then the servants, of their government; generations of activist
federal judges who have eviscerated the constitutional protections of
individual liberty in America; national debt; harmful protectionist
international trade policies; corporate welfare (that is, the use of
tax dollars to subsidize various politically connected businesses);
and central economic planning and political control of the money
supply, which have instigated boom-and-bust cycles in the economy.”
Jefferson, Madison and others thought of Hamilton as a deadly enemy of
a free society. Jefferson was always opposed to maintenance of a standing
army. Hamilton wanted a standing army of tax collectors.
Hamilton called the national debt “a public blessing,” because the
aristocracy profited from the sale of public bonds, which increased in
value as the government was expanded. Jefferson took exactly the
opposite stance, that a public debt sabotaged the fortunes of the
nation. (see quote at top)
Hamilton’s plan for commandeering resources through taxation would
guarantee the government a high credit rating, which would lure
investors in government debt from around the world. This was how the
European empires were financed, with endless debt that was never fully
paid off. . . . It was this very system that caused all of the
European empires to bankrupt themselves eventually.
Hamilton spent seven years attempting to overthrow the Articles of
Confederation and establish a powerful central government with a new
Constitution, in part so he could finance his grandiose plans.
Of all the heinous Hamilton deeds recorded by DiLorenzo, two events
while he was John Adams’ Secretary of State in 1798 stand out: With
Hamilton’s Federalist party in power, Congressional spending
skyrocketed as he tried to fatten the federal monolith. Second, the
Party of Hamilton used its power to make it illegal to criticize the
government, the notorious Sedition Act, which Thomas Jefferson
rescinded immediately upon his election two years later.
A short while later, Hamilton was killed in the famous duel with Aaron
Burr, but DiLorenzo is able to chart in disheartening detail how the
forces of finance are always able to find friends willing to sell
their principles as well as the welfare of others for the right price.
Though Hamilton was gone, his fast buck principles lingered on and
eventually found willing disciples at the highest levels of power.
Chief Justice John Marshall served from 1801-35, under six presidents,
Adams through Jackson. John Marshall, Hamilton’s devoted disciple,
subverted the Constitution.
DiLorenzo writes: “When Hamilton and Federalists failed to create a
national government at the Constitutional Convention, their strategy
shifted to one of subverting the “frail and worthless fabric” of the
Constitution through the judicial system. For example, Federalist
judges . . . enforced the insidious Sedition Act, which was a blatant
attack on the First Amendment guarantee of free speech.
“Marshall’s Constitutional law went a long way toward helping the
Hamiltonian nationalists surreptitiously alter the form of government
in America from Jeffersonian federalism to Hamiltonian nationalism and
governmental consolidation. DiLorenzo used the phrase “judicial
“The Marshall court went a long way toward establishing the ‘invisible
sovereignty’ that pervades every, city, town, and state in America.
The federal government is always ready to reach in and nullify or veto
the will of the people of the states, or to order them to obey its own
“The government of the union,” Marshall himself wrote, may
“legitimately control all individuals or governments within the
American territory.” It is doubtful that any state would have ratified
the Constitution had they known that it would come to this, thanks to
Hamilton and his disciple John Marshall,” DiLorenzo wrote.
Hamilton and Marshall’s war on state sovereignty was a war against the
very notion that the citizens should be sovereign over their own
Jefferson believed that the Tenth Amendment, which reserved the bulk
of governmental powers to the states, was the most important part of
Thanks to Hamilton, Marshall, and their ideological heirs, Americans
live under a Constitution that is construed by the courts as a grant
of powers and not a restraint on government, as was originally
DiLorenzo writes that between 1937 and 1995 not a single law was
declared unconstitutional by the Supreme Court, and spoke of a coerced
national uniformity that produced nothing like a balance of powers
that was supposed to exist among the three branches of government.
The second major revival of Hamilton’s contrived economic principles
were put into effect by Abraham Lincoln during the War Between the
Though America had survived earlier experiences of central banks in
the 1820s, bad experiences of financial crashes that were ended by
Andrew Jackson in the 1830s, it was Lincoln’s national currency acts
that really changed the direction of the country from what Jefferson
DiLorenzo writes, “The era of free banking was abruptly ended when the
neo-Hamiltonian Republicans passed three Legal Tender Acts, beginning
in 1862. These acts of legislation permitted the Treasury Secretary to
issue paper currency that was not immediately redeemable in gold or
silver. Then they passed the National Currency Acts of 1863 and 1864,
which created a system of nationally chartered (and regulated) banks
that could issue currency.”
“Whenever politicians promote any cause in the name of the “people,”
you can be sure that the people have had little or nothing to do with
the cause and will not benefit from it in any significant way,”
“. . . On March 9, 1863, Alexander Hamilton’s hometown newspaper, The
New York Times, rejoiced that the Lincoln regime’s nationalized
banking “crystallized . . . a centralization of power, such as
Hamilton might have euologized as magnificent.” Unfortunately, the
results were not so magnificent for Americans. The federal
government’s printing of Greenbacks created enormous inflation.
Greenbacks depreciated to a value of only 35 cents worth of gold by
July 11, 1864.”
17th Amendment killed Constitution
The fateful year of 1913 saw three death blows to the legacy of Thomas
Jefferson — the passage of the Federal Reserve and income tax
legislation, but more importantly, the 17th Amendment, which changed
the way Senators were elected.
DiLorenzo wrote: “Who today would believe that opening the door for
prospective senators to raise campaign funds from everywhere,
including foreign countries, would limit rather than invite
corruption?” Yet that was the rationale upon which the legislation was
passed. “Even today, most people don’t understand the logic of it.
Those who voted for it ignored the founders’ logic of limited
government for the safety of the people, because it increased their
DiLorenzo described a “ratchet effect” after 1913. “War, taxes,
government never return to original size.” A study showed senators who
were previously chosen by their state legislatures stayed closer to
home and more authentically addressed the issues of their
“The original design of the constitution ended with the 17th
amendment,” DiLorenzo wrote.
But the passage of the income tax was beyond Hamilton’s wildest dreams
in the creation of a centralized economy.
Under the Articles of Confederation which Hamilton hated, the federal
government had no power to tax at all, and revenues were all raised by
Jefferson opposed the income tax, which is why we never had one until
the bankers took over. He famously said, “We shall not take from the
mouth of labor the bread that it has earned.” The author explains.
The income tax ended the ability of the states to effectively
influence their own central government
It allowed the federal government to pry into every business
transaction and the records of every working person in America. And
rendered the states into beggars, which was Hamilton’s idea to begin
The income tax was a complete repudiation of Jefferson’s natural
rights doctrine. The amount of income the citizen might keep would be
determined by the “needs” of the government.
So DiLorenzo postulates that the victory of hypocritical Hamiltonian
financial dogma over Jefferson’s plan for individual liberty really
occurred over a period of a hundred years in three major stages.
First was the Bank of the United States, which Jackson finally killed
in 1837. Then came the National Currency Acts of the 1860s, in which
Lincoln created “Hamilton’s Republic.” And then a decades long
political crusade by bankers, railroad industrialists and power-hungry
politicians produced the Federal Reserve, which gave the government
the right to legally counterfeit money.
“From 1789 to 1913, consumer prices in America remained stable,”
DiLorenzo wrote. “Since then prices have risen twenty fold, even
though we have been told that the purpose of the Federal Reserve was
to keep prices stable.”
DiLorenzo calls Hamilton “the godfather of economic interventionism
and big government.”
“ . . . many of the disasters in American history have their roots in
Hamilton’s philosophy . . . . This would include not only the War
Between the States, which claimed more than 600,000 American lives,
but also the massive political corruption that followed the war, the
U.S. government’s imperialist bent that began in the late 19th century
with the Spanish-American War, the destruction of constitutional
government by activist federal judges, the invasive tyranny of the
IRS, our gargantuan national debt, and the monetary expansion and
economic interventionism that led to the Great Depression. And this is
only a partial list.”
The same droll rhetoric rolls on today. DiLorenzo enumerates the ruses.
Hamiltonian business-government partnerships are a sham, using the
coercive power of the state to benefit a small group of Americans
In recent years, the Fed has been responsible for the NASDAQ crash and
the bursting of the housing market “bubble.” In each instance, the Fed
first made credit very inexpensive (low interest rates) and widely
His plan for derailing this Hamiltonian madness?
“Ending the curse is turning away from Hamilton’s legacy and returning
to Jefferson’s and the original intent of the framers of the U.S.
“The components of this solution include reclaiming our rights to
begin restoring the American tradition of states’ rights as a means of
controlling their own government. Critical to this objective is
restoring the notion that American citizens are in control of their
own government, which today they are not.
“Power needs to be stripped from the federal judiciary and returned to
“The American political system must be “unrigged” to allow third parties.
Repeal the 16th and 17th amendments, the income tax and the direct
election of senators which destoyed states’ rights.
No tax money for corporations, abolish protectionist tariffs and
abolish the General Welfare clause (all features of the Confederate
The Hamiltonian monopoly on money must be dismantled if the endless
boom-and-bust cycles and the relentless decline in the value of a
dollar are ever to be ended.
Lastly, put an end to fractional reserve banking. Banks should have to
hold 100 percent of reserves. “This would put an end to bankers
political manipulation of the money supply and of society as a whole.”
But because Hamilton won, the whole world lost.
And Prof. Thomas DiLorenzo has described the whole process superbly.
Except he left out one thing. The most important thing.
This reviewer must note the persistent infection of thought which
prevents all authors from revealing the major factor of all the
criminal shenanigans they describe in their own books, indeed, in
their entire life’s works. In order to succeed in the mainstream media
and publishing world, there is one topic that of course you may not
mention if you wish to be famous (which says a lot about fame).
Hamilton’s philosophy of an empire ruled by an aristocracy was
quintessentially Talmudic, top down totalitarianism by a predator
class preying on clueless herds of jibberish-mumbling cattle.
Although an Internet search reveals many layers of a coverup designed
to obfuscate Hamilton’s actual roots, a 1910 work by Allen Hamilton
(“The Intimate Life of Alexander Hamilton”) reports he was the son of
James Levine and a woman of African descent. A more recent source, the
Jewish Virtual Library, claims both Hamilton’s mother and her first
husband were Jewish. In any case, young Hamilton attended Jewish
school in Nevis.
DiLorenzo has written a story about the effects of Jewish bankers on
the creation and subsequent evolution of the United States without
ever mentioning the chief source of all the pain that he is writing
about — those very Jewish bankers, and more particularly, the overall
Jewish philosophy, which at its core is an unspeakable perversion of
every positive notion human beings ever had.
There is a Satanic strand of history that stretches from the cynical
sales pitches of Alexander Hamilton at the Constitutional Convention
to the phony explanations put forth about the 9/11 horror that will
stand throughout future history as the true cause of death of the
And that — the twisted philosophy from which Hamilton’s curse was
derived — is the true source of the disintegration from within that
today has just about destroyed this greatest country that ever was,
when the sovereign states were in control of a federation that had not
yet been turned into a Jewish-run monster intent on destroying itself
and everybody else along with it.
As we say in the 9/11 skeptics movement, there are Jewish fingerprints
all over this story, pervading every aspect of the crime and impeding
every effort at investigating it. The same could be said, it is sadly
true, about the American history we have come to know, but no longer
John Kaminski is a writer who lives on the Gulf Coast of Florida,
urging people to understand that no problem in the world can be
authentically addressed without first analyzing tangents caused by
Jewish perfidy, which has subverted and diminished every aspect of
human endeavor throughout history. Support for his work is wholly
derived from people who can understand what he’s saying and know what
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