Alexander Hamilton and James Madison were delegates to the Annapolis Convention of 1786 (before the Constitution), convened to settle TRADE DISPUTES among the States. They were so ineffective, they agreed to call a Convention to plan an effective government, - the CONSTITUTION!
Chief difference between HAMILTON'S Bank of the U.S. and the FEDERAL RESERVE: CONGRESS would own half the Shares, earning half the Profit, and have the right to examine the BOOKS. The Bank of the U.S. would lend both to CONGRESS and to private commercial borrowers.
Feb 24 • 18 tweets • 3 min read
It's remarkable there are some who think they won a debate at SCOTUS on 'TAXATION!' - J. Kavanaugh's 'Magic Word Argument' someday will squelch them. The 'MAGIC WORD': TARIFF that's missing in the IEEPA, is also missing in Article 1:8! - HAMILTON served on the Committee on Style!
It's UFC Fight Night at the WH! The Next Round on TRADE AUTHORITY moves to TREASURY. This where the 'MAGIC WORD' TARIFF will be studied. The ISSUE will be 'the power of the purse!' And what's MISSING from that POWER in Art. 1:8? The 'MAGIC WORD' TARIFF! Why? It's the EXECUTIVE'S!