Hamilton was a National Banker not a private Central Banker. An example of a Central Bank would be that of the corrupt treasonous private Federal Reserve or the filthy Central Bank of England. Andrew Jackson, however, destroyed the second incarnation of the only National Bank the United States ever had, the Bank of the United States. He did this, of course, on behalf of Martin Van Buren and his New York bank, who then succeeded him as president.
National banks are Central banks; they're connected to government, were invented for government purchasing power and Fiat power over money, and they sustain unsustainable credit expansion, boom and bust and unsound money.
DiLorenzo is obviously a misinformed ignoramus. Lincoln employed Hamilton's Credit system. The Rothschilds are mercantalistic. Lincoln was a practicioner of the American System of Economics as devised by Alexander Hamilton and popularized by John C Calhoun, Henry Clay, Henry C Carrey. It advocates National Banking, infrastructural investment, high protective tariffs, as opposed to the cheap Trade and chattal slavery of the British East India Company.
You're an insane statist. Hate government, not bankers; blaming bankers for committing suicide and racking up malinvestment ignores the root of the problem; economic nationalism and statism.
Private central banks ARE public, they are institutions funded by tyranny. Without government's illicit motives of gaining power throughforce and not wealth through co-operation, then profit-seeking tends to harmonise because of consumer choice and heterogeneity in the divisionoflabr
@PrincessShittyBottom Your muddled economic thinking and vague explanations didn't disprove a single word of DiLorenzo's. I love it when people attack an idea as being flimsy and ignorant, and then employ a flimsy argument for that purpose. How ironic.
I just read How Capitalism saves America Bye Mr DiLorenzo . it was such a great and informative book I was hoping to find something about him on youtube and wow there are some amazing speaches here . Thanks for posting them and letting all of us share in his wisdom.
I heard of Mr. DiLorenzo, and am now a fan. I think being "politically incorrect" and telling the truth is admirable and I'm gonna try and check out other videos of him. My Keynesian economics professor lied to me!
Nielsio - I agree the US adopted exactly such a European style of Central Banking cartel, (owned by the same elites)
The single job of the Federal Reserve and the Bank of England is profit for its shareholders -- A group of private citizen elites
If a country printed its own money, at the very least, it would not owe interest, (of which we currently owe these private bankers 10 Trillion dollars)
Constitution SD only congress can print money - Our forefathers saw how Bank of England harmed
Actually, the Constitution says that the Treasury can "mint" money, and that states cannot make anything but "silver" and "gold" legal tender for payment of debts.
Exactly. Everyone should read "The Real Lincoln" What we were taught in school about Lincoln and the Civil War is all propaganda
and is False. Thomas D' Rocks. His book explains all the BS that our Govt pulls today and how it all began with the Whigs and Lincoln and those that followed him
Anyone that believes the myths we were taught in schools might as well believe in Santa Claus too lol!! Fuckin sheep need to wake up in this country! I'm with Thomas and will never be fooled again by this govt. I refuse to accept their bs. Period. And I don't have to leave.. I and others who aren't sheep can have this country be exactly the way we want it LIMITED not CENTRALIZED. States rights.. We're in charge not the fucking GOVT to be like our founders meant.
It wasnt about big banks and sticking our nose in other countries business like Iraq and other places. It wasn't about tariffs or a pecking order. The PEOPLE were at the TOP not the Corporations and Elitists . It was never about this NEOCON attitude, this arrogance/notion of we're a superpower policing the world imposing and throwing our weight around. that was not the FOUNDERS vision and THEYRE the ones that matter not Fucking Abe Lincoln -its NOT what they meant this country to become. NEVER
Amiduffer, it's scallywag. I thought you were a fucking poet laureate. Learn to spell.
DiLorenzo is pretty damn profound-he understands what you singularly fail to grasp:that when coercion displaces capital it brings arbitrary tyranny into the allocation of capital thus allowing industry to proliferate that doesn't cooperate in the division of labour. This destroys productivity so capitalism defeats mercantilism. Taken to extremes mercantilism becomes socialism, command economy.
because the tolerance of tyranny has grown exponentially since the first American revolution. Till the point at which we currently sit... absolute acceptance and support of robbery writ large.
Comment removed
PrincessShittyBottom 2 years ago
Hamilton was a National Banker not a private Central Banker. An example of a Central Bank would be that of the corrupt treasonous private Federal Reserve or the filthy Central Bank of England. Andrew Jackson, however, destroyed the second incarnation of the only National Bank the United States ever had, the Bank of the United States. He did this, of course, on behalf of Martin Van Buren and his New York bank, who then succeeded him as president.
PrincessShittyBottom 2 years ago 3
@PrincessShittyBottom
National banks are Central banks; they're connected to government, were invented for government purchasing power and Fiat power over money, and they sustain unsustainable credit expansion, boom and bust and unsound money.
WiiandDSrule 1 year ago
The American System of Economics is the best system of economics ever developed for National Economy on this planet.
PrincessShittyBottom 2 years ago
And a total and miserable failure.
pretorious700 1 year ago
Lincoln a Mercantalist?
DiLorenzo is obviously a misinformed ignoramus. Lincoln employed Hamilton's Credit system. The Rothschilds are mercantalistic. Lincoln was a practicioner of the American System of Economics as devised by Alexander Hamilton and popularized by John C Calhoun, Henry Clay, Henry C Carrey. It advocates National Banking, infrastructural investment, high protective tariffs, as opposed to the cheap Trade and chattal slavery of the British East India Company.
PrincessShittyBottom 2 years ago
You must be a La Rouche boy, ay?
gilbretto1 1 year ago
@PrincessShittyBottom
You're an insane statist. Hate government, not bankers; blaming bankers for committing suicide and racking up malinvestment ignores the root of the problem; economic nationalism and statism.
Private central banks ARE public, they are institutions funded by tyranny. Without government's illicit motives of gaining power throughforce and not wealth through co-operation, then profit-seeking tends to harmonise because of consumer choice and heterogeneity in the divisionoflabr
WiiandDSrule 1 year ago
@PrincessShittyBottom Your muddled economic thinking and vague explanations didn't disprove a single word of DiLorenzo's. I love it when people attack an idea as being flimsy and ignorant, and then employ a flimsy argument for that purpose. How ironic.
PoetsLight 10 months ago
Lincoln the Conqueror!
Lincoln the Tyrant!
Lincoln the Potentate!
Lincoln the Pious?
Lincoln the Righteous?
SummerInJuly 2 years ago
Some of us believe Hamilton was a spy!
Federalists suck the world bank's root, then, even still today!
Signzit 3 years ago 2
I just read How Capitalism saves America Bye Mr DiLorenzo . it was such a great and informative book I was hoping to find something about him on youtube and wow there are some amazing speaches here . Thanks for posting them and letting all of us share in his wisdom.
shlomoney 3 years ago 6
I heard of Mr. DiLorenzo, and am now a fan. I think being "politically incorrect" and telling the truth is admirable and I'm gonna try and check out other videos of him. My Keynesian economics professor lied to me!
rzzag62 3 years ago 3
Abe Lincoln was a pansy.
ichykawa 3 years ago
Nielsio - I agree the US adopted exactly such a European style of Central Banking cartel, (owned by the same elites)
The single job of the Federal Reserve and the Bank of England is profit for its shareholders -- A group of private citizen elites
If a country printed its own money, at the very least, it would not owe interest, (of which we currently owe these private bankers 10 Trillion dollars)
Constitution SD only congress can print money - Our forefathers saw how Bank of England harmed
sugarpuddin88 3 years ago
Actually, the Constitution says that the Treasury can "mint" money, and that states cannot make anything but "silver" and "gold" legal tender for payment of debts.
loveliberty1776 3 years ago
He sounds like Joe Mantegna
murphycline 4 years ago
"There always was a group of men who wanted to bring to America the political and economic system that existed in England"
And the mechanism for doing that was the US Constitution.
Hamilton wasn't "naive": he was grasping at straws to justify his orders from The Crown.
neothomist1275 4 years ago
He's wrong on the use of a national bank vs a european style central banking. Why is this guy defending the British empires economic warfare?
Amiduffer 4 years ago
What is he defending? The US adopted exactly such a European style central bank cartel.
Nielsio 4 years ago
This has been flagged as spam show
The US didn't adopt, it was more of a British/Wall St. coup d'état. He's still defending slavery and the British empire though.
Amiduffer 4 years ago
He's giving you a history lesson. How is that defending slavery?
Nielsio 4 years ago
Exactly. Everyone should read "The Real Lincoln" What we were taught in school about Lincoln and the Civil War is all propaganda
and is False. Thomas D' Rocks. His book explains all the BS that our Govt pulls today and how it all began with the Whigs and Lincoln and those that followed him
vinnykster 3 years ago
I am 100% with Thomas DiLorenzo. He's stating FACTS that cannot be denied.
vinnykster 3 years ago 2
This comment has received too many negative votes show
Not really if you want to read a good portrait read Shelby Foote not a hack like Dilorenzo whos some ideological idiot.
deligthelf 3 years ago
Anyone that believes the myths we were taught in schools might as well believe in Santa Claus too lol!! Fuckin sheep need to wake up in this country! I'm with Thomas and will never be fooled again by this govt. I refuse to accept their bs. Period. And I don't have to leave.. I and others who aren't sheep can have this country be exactly the way we want it LIMITED not CENTRALIZED. States rights.. We're in charge not the fucking GOVT to be like our founders meant.
vinnykster 3 years ago 9
It wasnt about big banks and sticking our nose in other countries business like Iraq and other places. It wasn't about tariffs or a pecking order. The PEOPLE were at the TOP not the Corporations and Elitists . It was never about this NEOCON attitude, this arrogance/notion of we're a superpower policing the world imposing and throwing our weight around. that was not the FOUNDERS vision and THEYRE the ones that matter not Fucking Abe Lincoln -its NOT what they meant this country to become. NEVER
vinnykster 3 years ago 3
Defending slavery? Defending the Brittish empire's economic warfare? Have you even read any of his books?
cattleprods911 4 years ago 2
It makes one wonder if Amiduffer even watched the video commented upon.
Mechanized0 3 years ago
Yeah I watched the damn thing.
Amiduffer 2 years ago
Perhaps another viewing would help.
Mechanized0 2 years ago
He's from up north. Listen to a fellow Yank.
Luigi84289 2 years ago
In southern terms, DeLorenzo would be classed as a scalawag.
Amiduffer 2 years ago
@Amiduffer
Amiduffer, it's scallywag. I thought you were a fucking poet laureate. Learn to spell.
DiLorenzo is pretty damn profound-he understands what you singularly fail to grasp:that when coercion displaces capital it brings arbitrary tyranny into the allocation of capital thus allowing industry to proliferate that doesn't cooperate in the division of labour. This destroys productivity so capitalism defeats mercantilism. Taken to extremes mercantilism becomes socialism, command economy.
WiiandDSrule 1 year ago
because the tolerance of tyranny has grown exponentially since the first American revolution. Till the point at which we currently sit... absolute acceptance and support of robbery writ large.
thorsmitersaw 4 years ago 3