Posted on 01/01/2012 9:45:00 PM PST by blam
“The Report on Manufactures is the third report, and magnum opus, of American Founding Father and 1st U.S. Treasury Secretary Alexander Hamilton. It was presented to Congress on December 5, 1791 and recommended economic policies to stimulate the new republic’s economy and ensure the independence won with the conclusion of the Revolutionary War in 1783.
Hamilton’s “Report on Manufactures” laid forth economic principles rooted in both the Mercantilist System of Elizabeth I’s England and the practices of Jean-Baptiste Colbert of France. The principal ideas of the “Report” would later be incorporated into the “American System” program by Senator Henry Clay of Kentucky and his Whig Party. Abraham Lincoln, who called himself a “Henry Clay tariff Whig” during his early years, would later make the principles outlined in the “Report” and furthered by Clay’s “American System” program cornerstones, together with opposition to the institution and expansion of slavery, of the fledgling Republican Party.
Hamilton’s ideas formed the basis for the American School of economics.”
http://en.wikipedia.org/wiki/Report_on_Manufactures
Pictures of Hiroshima 64 years after being leveled by atamic bomb...
http://tnixon16.com/2009/10/09/detroit-vs-hiroshima-64-years-later/
truth! You said it 100x better than I could. Tariffs are a no brainer not that they solve everything. Nuke the EPA too for starters and close our borders to illegal aliens
Your points are intelligent and well thought out. I agree with them.
It is the current legal and regulatory environment that makes it difficult for all U.S. businesses to succeed. The success of foreign companies in the U.S. auto industry was due primarily to the superior quality of their products.
Even now most REFUSE TO ADMIT Zerodamus is doing this all ON PURPOSE..
Even Presidential candidates refuse to state the situation correctly..
Newt comes very close sometimes though..
BUT he refuses to come right out say it..
Things don’t happen by accident.
That is BS. Unions do not control the right-to-work states. There will not be anyone left to buy goods and pay taxes if the economy is hollowed out by sending away the jobs. Free Traitorism, the original Liberalism, has no basis in reality. Tariffs are the are the only rational solution.
But these cities will not remain white, thanks to liberalism.
It was built in 1893, same year as my house, which is still in fabulous shape. (I would not trade it for a newly constructed McMansion, most of which are crappily built even if they're considered "high end" and come with a high end price tag.)
“I agree the Federal Reserve in the 1930s did shrink the money supply which compounded the effects of the Depression and the policies of Roosevelt may have prolonged the crisis. “
The Fed didn’t “shrink the money supply” in 1930s. The money supply collapse of 30% over the 3 years 1930-33 was due to the domino effect of thousands of bank failures and widespread bad debt causing the collapse of asset prices. The credit portion of the money supply contracted severely as old loans failed and new loans weren’t created. And the lack of FDIC meant that depositors’ savings vanished into smoke when banks failed. It was more of an intrinsic effect than something that anyone “did”.
The Fed’s culpability was its failure to act to stop the snowball once it got underway, although it’s not clear that they understood what they needed to do. You can find an extended discussion of this in Friedman and Schwartz’s ‘The Great Contraction’. It appears to me that Bernanke’s actions have been based on Friedman and Schwartz’s criticisms of the 30s Fed. He’s certainly fighting a deflation, something the 30s Fed failed to do.
[ Things dont happen by accident. ]
Sometimes they do.. but their rare..
The Cloward-Piven-ing of America is well documented.
In your face.. displayed on prime time by Glen Beck..
And almost totally ignored by all media.. even FOX since Beck has skidaddled..
NO presidential candidate will touch it..
except for a few offhand comments about Alinsky by Newt..
Could be America does not even want to face “the truth”..
NO I’LL GO FARTHER.. America does not want to face the truth..
like if they go to sleep(politically) when they wake up after the election all will be well..
America seems to have become a cartoon of itself..
I miss puroresu too - he had a way with expressing truth so clearly. What happened to him?
Suprised that you know so little about the US Constitution:
The U.S. Constitution of 1789 gave the federal government authority to tax, stating that Congress has the power to "... lay and collect taxes, duties, imposts and excises, pay the debts and provide for the common defense and general welfare of the United States." Tariffs between states is prohibited by the U.S. Constitution and all domestically made products can be imported or shipped to another state tax free.
The US Constitution Article I, Section 9, Clause 5 provides a further limitation:
No Tax or Duty shall be laid on Articles exported from any State.
[ I wish it were as simple as Democrats - bad, Republicans - good. ]
Its the UNIONS.. they have become Vampires..
Vampires, the Borg, The Wraith, a Tape Worm or Parasites by any metaphorical reference you can name..
Crabs, Lice, Fleas, Blood parasites, Skin parasites, Intestinal parasites, Viruses,
Unions are economic parasites..
The Federal Government has become and “IS” a parasite to the States..
The federal government is “PEOPLE”... people from both parties..
In some places the State government may be a parasite to local government..
State government is also “PEOPLE”..
Government workers and Unions have become sympathetic to each other..
They FEED on a Host(other people)...........
Would make a seriously GOOD MOVIE...
“That is BS. Unions do not control the right-to-work states. There will not be anyone left to buy goods and pay taxes if the economy is hollowed out by sending away the jobs. Free Traitorism, the original Liberalism, has no basis in reality. Tariffs are the are the only rational solution. “
LOL. No union apologist is going to fool my butt, I’ve seen the DEVASTATION caused when plants unionize enough with my own two eyes (i.e., about 3 until they close after ‘winning’ the vote).
If we really WANT jobs here, then we have to adapt our political structure to REALITY, not to some fantasy that left-wing money-laundering operations (i.e., today’s unions) have ANY INTEREST AT ALL in supporting this country. They’re no different than the OWS crowd.
Who is to blame? Look to the people who run the cities? Look to the Union Contracts? Look to the spending habits? Look to the corruption? What political party is most responsible?
Democrats! If people voted them out—rather than re-elect them things will change.
Under the Articles of Confederation there were plenty of trade disputes between the states.
The Philadelphia Convention that created the Constitution was preceded by two other conferences that sought to deal with commercial issues, the Mount Vernon Conference of 1785 and the Annapolis Convention of 1786. One impetus for replacing the Articles of Confederation with the Constitution was the issue of trade between the states.
So while Mr hillary did bring up an interesting issue, Mr _va is correct that the Constitution prevents tariffs between the states. It certainly doesn’t prohibit tariffs on foreign trade since that was the principle means of funding the national government for the first 125 years of the nation’s existence, after which the free trade wing got its wish of reducing tariffs and instead the tax burden was shifted onto the American citizenry whether or not they choose to purchase foreign goods.
hahahehe! bred...
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