Dear Editor:
In an Oct. 9 article “Hamilton on the Hudson” (Weehawken, where Burr killed Hamilton) you quote Jim Furman, one of the visitors to the site: “Hamilton is the father of modern banking. He’s legend.” He is indeed, but many people, in his day and ours, consider him a traitor. He is currently all the talk because of the popular Broadway musical based on his life.
The main reason for the American Revolution against England was to free the colonies from English debt-slavery, from having to use money created by England’s Central Bank, which was established in 1694. One of the founders of this (private) bank, William Paterson, said of it, “The bank hath benefit of interest on all monies which it creates out of nothing.”
Hamilton wanted to bring such a usurious bank to America. He was opposed by John Adams, who called him a “vile intriguer”, and Jefferson, who said, “I believe that (a central bank) is more dangerous to our liberties than standing armies”, and they made sure that our Constitution mandates that Congress, not a privately-owned bank, issues American money debt-free. Debt-free.
Aaron Burr, who was vice president under Jefferson, disliked Hamilton so much that he killed him in that famous duel. President Andrew Jackson also fought the establishment of a central bank, calling its members a “nest of vipers.” Nathan Rothschild, king of central bankers, declared, “Let me issue and control a nation’s money, and I care not who writes the laws.”
Well, we now have an unconstitutional Central Bank, called the Federal Reserve, which, thanks to a corrupt, bribed Congress (some things never change), came into being in 1913, and we have standing armies in our own country and all over the world.
That worldwide standing army, engaged in “perpetual war for perpetual peace,” is paid for by money created by the Fed “out of nothing,” which money is lent to our war-crazy bribed Congress. (Jefferson, who had such fond hopes for his new country, is turning in his grave!) This Federal Reserve (not “federal,” it’s private, and it has no “reserves”) is allowed to reap the benefit of the interest charged on that created-out-of-thin-air money – our “national debt,” which will keep our children’s children in debt to these bankers forever.
Nice work if you can get it, as the song says.
T. Weed