In this little 5 mintue video, Dustin notes that in 1913 the Federal Reserve was surreptitiously voted into law on Christmas Day by congress critters who waited for legitimate congress members to go home.
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Dustin remarks that Andrew Jackson killed the first incarnation of the Central Bank; the DS tried to kill him for it and he beat his attacker up with a cane.
...Dustin notes that in 1913 the Federal Reserve was surreptitiously voted into law on Christmas Day by congress critters who waited for legitimate congress members to go home.
"Legitimate"? What he means is that it was voted upon when many members of Congress had gone home for the Christmas recess.
Dustin remarks that Andrew Jackson killed the first incarnation of the Central Bank...
The first incarnation of the central bank had its charter expire in 1811. Henry Clay got President Madison to create the second incarnation of the central bank in 1816. Madison did so because of the problems he had encountered controlling the money supply during the War of 1812. Jackson refused to renew the charter for the second incarnation in 1836, thus ending it.