Destroying the World Economy ASAP
The two positions in life that require ZERO experience are (1) politician and (2) becoming a parent. We often hear blaming foreign buyers in real estate for the rise in [...]
Has the USA Ever Paid off its Debt?
Some people were surprised that I wrote that the USA paid off its debt under Andrew Jackson. What you have to understand is that the debt was effectively a deal between Jefferson and Hamilton. Jefferson forced an agreement that debt had to be paid off and the capitol would be put next to Virginia which became Washington, DC.
The federal government did not issue paper money until 1864, so there was no funding of debt as we know it today. This was the bailout for the States under the Hamiltonian model that was used to create the United States under a Federal government. Hamilton absorbed the war debts of the States (See report on Hamiltonian Model). They paid off the debt briefly and then it returned after Jackson left office.
Latest Posts
Dems Profiting on California Tragedy
Politicians never shy away from using a tragedy for personal gain. Democrats like Gavin Newsom and Elizabeth Warren have been caught stealing donations intended for California wildfire victims and funneling [...]
Macron Considers Sending Troops to Ukraine
Ukrainian President Volodymyr Zelensky and French President Emmanuel Macron have been collaborating on ideas to send French troops to Ukraine. “Today I spoke with the president of France. It was [...]
Roman Coins – Denarii
Many people have been asking if I can provide some coins to stimulate the interest of the youth. I will try to put some groups together. This denarii group ran [...]
