Friday, March 27, 2009

Alexander Hamilton on the Presidential Administration of Barack Obama

"The debt...may be swelled to such a size, as that the greatest part of it may cease to be useful as a Capital, serving only to pamper the dissipation of the idle and dissolute individuals: as that the sums required to pay the Interest upon it may become oppressive, and beyond the means which a government can employ, consistently with its tranquillity, to raise them; as that the resources of taxation to face the debt may have been strained too far to admit of extensions adequate to exigencies which regard the public safety.

"Where this critical point is, cannot be pronounced, but it is impossible to believe that there is not such a point."

----Alexander Hamilton, Report on Manufactures, December 5, 1791.

2 comments:

Vernon Malcolm said...

John Hanson (1715-1783) was the first president (1780-1783) of the United States under the Confederation before the Oligarchs took power with the Constitution which allowed Bush to be president and the ownership of guns. Hanson was an Oldenburg Moor, a black nobleman, and like Elijah-Moses-Enoch-Baptist-Mahdi-Elvis, went to space on a fiery alien ship and never died. Hanson has returned as Obama to end the evil Oligarchy! This is why they could never find Obama's birth certificate! Danny Lazare is right to want to change this NRA chad Oligarch Constitution which allows the angry white talk radio males to object to Obama's berth certificate! We must impeach Scalia to disable the southern oligarchs of Calhoun, Corker, & Shelby and their demented Constitution. They have this evil bill of rights with rights for hate speech, guns, lobbyist blogging, campaign bribery, states, property, bonuses, and other oligarchic thievery that needs to end! Such euphemism, like when they call you boy as if they ever intend to call you man when you "grow"! This is why we must oppose oligarch-serving superstition by supporting one-state solutions in India-Packistain, Palestain-Isreal, Turkey-Grease, Armeania-Asbyjean and Zahir-Condo. Then we can abolish greed and superstition across the globe with free psychiatric healthcare.

Alexander Hamilton said...

We have to look more into our history, there is much wisdom we should acquire there. Hamilton was one of the greatest politicians of our history, don't underestimate him. History shall judge Obama.