Sunday, July 27, 2014

Demolishing the Republic

Jefferson and Madison were no fans of Hamilton, who seems to have been a linear ancestor of the Crony Capitalists of today.  It's worth noting that the Cronies are non-partisan; they'll polish the knobs of anyone in office because their god is money.

Anyhoo, their methodology was laid out in 1972 in this newspaper editorial.

1. It being necessary in order to effect the change, to get rid of constitutional shackles and popular prejudices, all possible means and occasions are to be used for both these purposes....

4. In drawing all bills, resolutions, and reports, keep constantly in view that the limitations in the Constitution are ultimately to be explained away. Precedents and phrases may thus be shuffled in, without being adverted to by candid or weak people, of which good use may afterward be made. 

5. As the novelty and bustle of inaugurating the government will for some time keep the public mind in a heedless and unsettled state, let the press during this period be busy in propagating the doctrines of monarchy and aristocracy. For this purpose it will be particular useful to confound a mobbish democracy with a representative republic, that by exhibiting all the turbulent examples and enormities of the former, an odium may be thrown on the character of the latter....

6. But the grand nostrum will be a public debt, provided enough of it can be got and it be medicated with the proper ingredients. If by good fortune a debt be ready at hand, the most is to be made of it. Stretch it and swell it to the utmost the items will bear. Allow as many extra claims as decency will permit. Assume all the debts of your neighbors - in a word, get as much debt as can be raked and scraped together, and when you have got all you can, "advertise" for more, and have the debt made as big as possible. This object being accomplished, the next will be to make it as perpetual as possible; and the next to that, to get it into as few hands as possible. The more effectually to bring this about, modify the debt, complicate it, divide it, subdivide it, subtract it, postpone it, let there be one-third of two-thirds, and two-thirds of one-third, and two-thirds of two-thirds; let there be 3 percents, and 4 percents, and 6 percents, and present 6 percents, and future 6 percents. To be brief, let the whole be such a mystery that a few only can understand it; and let all possible opportunities and informations fall in the way of these few to cinch their advantages over the many....

[8].... (4) A great debt will require great taxes; great taxes, many taxgatherers and other officers; and all officers are auxiliaries of power. (5) Heavy taxes may produce discontents; these may threaten resistance; and in proportion to this danger will be the pretense for a standing army to repel it. (6) A standing army, in its turn, will increase the moral force of the government by means of its appointments, and give it physical force by means of the sword, thus doubly forwarding the main object

9. The management of a great funded debt and a extensive system of taxes will afford a plea, not to be neglected, for establishment of a great incorporated bank. the use of such a machine is well understood. If the Constitution, according to its fair meaning, should not authorize it, so much the better. Push it through by a forced meaning and you will get in the bargain an admirable precedent for future misconstructions. 

There's more at the link.

Why yes, indeed!  Those old dead white guys actually understood human nature!


HT:  Cold Fury

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