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Say Man...

Hamilton Told You So

In 1789 this country faced a mountain of debt incurred during the revolutionary war.

 

As the first secretary of the treasury, Alexander Hamilton put forth a plan to deal with the national debt called assumption.

 

This would call for the federal government to buy up all of the nations debt,as well as the debt of the individual states.

 

This Hamilton thought would bind the nation together in a common cause.

 

What resulted was a dinner table compromise that moved the nations capital from New York to Washington D.C.

 

Once again following a war the public is being asked to assume the nations debt,but this time it is to save Wall street.

 

We need another compromise.

 

Cancel the interest.Pay ten cents on the dollar,or go bust.

 

The congress should issue currency backed by gold as the constitution stated.

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