Episode Transcript
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Speaker 1 (00:00):
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Speaker 2 (01:03):
Greetings, my fellow from Los Salvign Thinkers. Thank you for
tuning to L three podcast. My name is Creag transmitting
from the Beautiful Rooms the Planet Earth. Today's date is Sunday,
July twentieth, twenty twenty five, Episode eighteen sixty three, Man
Mill Band, Fusion Energy, What are we fighting for? And
(01:27):
Taylor's assault on Hamilton's scheme before preceding. You can find
me in multiple social media sits in podcasts channels, just
type in look you Luck number three, Look You Luck
romanem U three eyes or to look You Luck ROMANU
three podcasts. Furthermore of Ify questions, comments, recommendations, all that
good stuff. Whatever you dud, please use the chorm. Hit
(01:47):
me via email to L three dot podcast at proton
dot me. If you're want to donate, go to a
PayPal at me or cash dot at forward slash localk
number three, or follow me, send it a little crypto love
to steem it at l L number three dash podcast. Yeah,
I've just been real busy, and I know the video
(02:09):
stuff and my other episodes got a little bit a
little bit too late, and I apologize for that, but
they're up there, rumble and YouTube find me anywhere, so
don't be shy. What it's very intriguing, Like I know,
I did an article about the Epstein files and all
(02:30):
that with Donald Trump, and we always gotta look at
things all across the angles too. Yes, I do support
the centralization. I don't believe you've gotta leave all your
eggs and one person that's subscene. We all have obligations
and duties, et cetera. But what did guys say about
(02:50):
the Epstein files. It just makes some sense because I
was like observing myself. How accurate will it be? That's
the question, like JFK files and all that too. So
but it's gotta like, don't go, oh, we're gonna kill
it now, release it now. Don't to be one of
those suckers that will look grab it and don't examine
(03:16):
the fine print. They always observe, like I say, observe responsibly.
Don't follow the hype and the hoop and all that.
And however, were funny about what's funny? What happened? Kind
of Tolcy Gabbert release a press release on the new
evidence of Obama administigration conspiracy to avert President Trump's twenty
(03:37):
sixteen victory and presidency President is very interesting. So I'm
allowed to take the nisue of a looking at everything
else on the downloads and all that, And I can
say this, I've been telling people for a long time.
When I I started doing this show in late twenty thirteen,
I always tell folks Barack Obama needs to be thrown
(03:58):
in prison because he is one idiots man, not because
of his skin coloringsing like that, but on his actions
as a as a voter and all that good stuff.
His track wrecker is heinous. And there was even a
function he had he had in Kenya and he was
speaking that was maybe like twenty three minutes long. I'm
not so sure. Admitted to the people, I'm the first
(04:21):
Kenyon to be president of the United States. Not Kenyan, American,
but Kenyan. And that's being that being racist, absolutely not.
I don't care who it is. It canna be someone
wider than me coming from a foreign country trying to
be in foreign born and trying to be president of the
United States. I don't care. They don't cut it. They
tried to do it with Ted Cruz and he's, oh, yeah,
(04:42):
but his mom was an American citizen, but he was
born in Edmonton, Canada. Come on, folks, I gotta do
a little more reading. Remember, if you look at the
US Constitution, there was an article ten, Article one, Article one,
Section eight, Class ten. I could be mistaken, but talking
(05:03):
about violating the laws of nation. So that is that
an appendix to the US Constitution. So always see things
more thoroughly before going get triggered or going hoop and
feeling that hype. You don't want to trap yourselves, right, Hey,
we've all been one to one way or the other.
(05:25):
It's like when you make when you say anything possibly,
some say you're assuming no. Possibly is not conclusive or concrete.
It was gotta look at those angles thoroughly. Remember everyone
thinks differently, so always try to better yourselves in these areas.
(05:45):
Remember we're all got great gifts and the story to tell.
All Right, well, I'm gonna be reading this article here
from What's up with that dot com? And this is
about Mad mill band Man milibandscuse me, Man miliband, Okay, cool,
(06:12):
I gotta, I gotta, I gotta correct that Mad miliband.
The future of nuclear fusion energy starts now, that'sual with
an essay written by Eric Rorell and we'll see what
says here came out today. Apparently you don't need to
(06:33):
do to ensure the creation of high skill jobs and
driving growth into our industrial industrial heartlands is to create
planning guidelines for nuclear fusion plants nuclear fusion boosts. As
government sets to unblock planning rules. Government confirms the UK
will be the first country in the world to develop
fusion specific planning rules from the Department for Energy and
(07:00):
Net Zero RT hot RT. The are retired honored Ed
miliband MP come on the seventeen Government FACS Innovation and
Growth with plan to develop National policy statement to unblocked
fusion projects forms part of Golden Age of nuclear plans.
Through government's Clean Energy Superpower Mission, UK will become the
(07:23):
first country in the world to develop fusion specific planning rules,
helping thousands support support thousands of skilled jobs. As part
of the Plan for Change, new clean energy jobs and
growth for British businesses are set to be unlocked as
the Government confirms in the UK will be the first
country in the world to develop fusion specific planning rules.
(07:46):
The plan will see fusion introduced internationally significant infrastructure project regime,
putting fusion energy projects on the same footing as other
clean energy technologies such as solar, onshore wind and nuclear.
What the hell on shore wind? I can dream? So
we will hurt the marine biology right Oh yeah, I
(08:11):
was stupe man. This drive will This will drive growth
and unlocked benefits for places such as Nyathanshire, Share Oxfordshire, Yeah, Nighthamshire,
Oxfordshire and South Yorkshire, where the future industry is already
supporting thousands of jobs. Revitalize the industrial heartlands with clean
(08:33):
energy of the future. Currently, future projects must submit an
application to the local authority, with no set timelines for
approval and no guidance on which sites are appropriate, hindering
the technology development in the UK. The introduction of a
National Policy Statement will provide clarity to developers and streamline
(08:55):
the planning process for fusion, giving applicants clearer guidance on
where and how quickly projects can be developed. This will
give industry certainty, breakdown regulatory barrier and get projects built
quicker to cement the UK's position at the forefront for
the global race for fusion. The Spending Review also delivered
(09:20):
a commitment to invest over two point five billion pounds
in fusion research and development. This includes progressing the step
program They're Fear School to TACAMCK for Energy Production, which
aim to develop and build a world leading fusion power
(09:41):
plant by twenty forty and nanim share, creating thousand new
jobs with the potential to unlock limitless cleaning power. A
thriving fusion industry in the UK will support the growth
of other technologies including superconductors, robotics and advanced materials, which
in turn will provide high school jobs for British sidecientists,
engineers and construction workers. As part of the Plan for Change,
(10:04):
the Government's Clean Energy Mission is the only route to
energy security, lower bills and good jobs for the country,
and by setting out clearer planning rules for investors, the
UK will maintain is optimum position for fusion industry investment.
Energy Secretary Ed Miliband said, the future of fusion energy
(10:28):
starts now. We are backing the builders, not the blockers,
paving the way for the UK to become a clean
super energy power and ensuring that limitless fusion energy plays
a key role in our future clean energy mix. We
are assuring the clean energy of the future gets built
in Britain, supporting creation of the highly skilled jobs and
(10:50):
driving growth into our industrial heartlands as part of the
Plan for Change. This clarity for investors follows a major
backing of sixty one point nine billion pounds for clean
homegrown power and the spending Revenue Review in which the
Golden Age or nuclear was confirmed with the selection of
(11:12):
Rose Royce SMR I preferred bidder to build the UK's
first small module reactor and fourteen point two billion pounds
investment to build size well c development. Developing the Fusion
NSP will also help fusion energy projects move faster along
(11:34):
the process from identifying sites to start of construction. This
filews the government's twenty million pounds investment into the start
maker one British Fusion Investment Fund, which is expected to
unlock one hundred million pounds of private investment in the UK,
(11:55):
driving economic growth. Tim Bestwick, CEOU UK Atomic Energy Authority
or uk AEA, said the inclusion of fusion energy in
the nationally significant infrastructure project regime is a clear indication
of the government support for fusion. Fusion promises be safe,
sustainable part of the world's future energy supply, and the
(12:18):
UK has a huge opportunity to become a global hub
of fusion and related technologies. Fusion specific planning rules will
help provide certainty about investing in UK fusion developments and
strengthening the UK's position as a leader in the quest
of a commercialized fusion energy. Notes to editors, the government
(12:43):
plans a consult on a detailed national policy statement for
fusion energy by March twenty twenty six. This appears to
continue the fantasy initiative by the previous Tory government, a
campaign to convince voters that construction of the new par
fusion plans, which were going to revive British Britain industrial heartlands,
(13:05):
was already happening. I hope this nuclear fusion is Now
campaign is a product of ignorance or perhaps some over
enthusiastic science advisors. Because if it isn't ignorance, if British
politicians are aware of how unlikely is it that operational
nuclear fusion plans will be bringing down prices and reviving
(13:28):
British industry in the next few decades, this would be
the one of the most cynical political deceptions I have
ever had the misfortune to report. Well, I understand, like
I said, don't believe the hype folks. It's funny because
(13:49):
I remember I've been hearing about codfusion for a good
period of time, and to be very honest, I was like, hey, man,
for me, give me a little give me a little
little gadgets there, I'll try it myself instead of having
a big plant and be controlled by the states. I
just see more people get more self contained on energy
(14:12):
independence than coming from the state themselves. So it'll be
interesting indeed. But remember when the when the garments involved,
sticky fingers will occur. Always prepare yourselves. Of course, it's
like all the other bills they have on here, like
the Genius Act. It's like a ficing privacy. Right, oh yeah,
(14:36):
well crypto all that, but you know, privacy or concerns,
all these mixed bag bills, and they're everywhere, not just
in Britain or the United State, it is around the world.
Speaker 3 (14:45):
It's just insane political geopolitically. But I just really get
a big kick out of these things. So folks be
more self contained in Britain, trying to rely in the
state for your energy needs on a personal level. Commercial
hopefully do the same. So all right, well I'll be
(15:06):
all right back, so stay tuned.
Speaker 2 (15:18):
All right. So the next thing I'm gonna be playing,
not playing, but reading here came from Strategic Culture Dot
s U. All right, it's to sit here and it's
one two three while we fighting four Natos wars. This
is by Pepe Esco Escobar came out the eighteenth, right,
(15:44):
it came out the eighteenth of this month. Yeah, pepe
Escobar the whole circus ring master stick stick only accelerates
the bricks Global South high speed Train. Pepe Escabo rites,
all of you Vietnam Vettes and draft resists were recognized.
(16:07):
Where this column columns headline is coming from. Oh yes,
this eight the late nineteen sixties anymore. So it's time
to revamp it no AI needed, and expand it from
now on, being sure everyone in the wild wild West
will be forced to fight and to endure three overlapping
(16:28):
NATO wars. War number one. It's Europe versus Russia, of course,
not proxy anymore, hot nasty direct. Considering the advanced rottenness
of the whole Ukrainian Front. New fronts are already proliferating
the South Ooh Cocasus, Caucasus, Cacasus, castlein ops in the
(16:52):
Baltic Sea mi I six, recruiting frenzy across Central Asia.
Fresh terrorism ahead in the Black Sea, especially CRIMEA. Colonel
Lawrence Wilkerson sumptingally nailed it. We are already on World
War three after we are already deep in the extended
preamble to World War three. Circus ring Master in DC
and the billionaire donors class behind him are, of course
(17:19):
clueless rereading keyness. The economic conquests of the peace, conquences
of the peace is an absolute must. Like never before,
history does repeat itself. Yate yet yet, yeah, Saint eighteen
(17:41):
nineteen thirty four, nineteen thirty five. Now nuclear weapons may
come into play the Kremlin and Russia Security Council are
very much aware of the high stakes, and his recent
interview to Commerceant Saragay showed you show you even rolled
out some key NATAL numbers to stress the threat Russia
(18:05):
faces over fifty thousand tanks and armored vehicles, over seven
thousand combat aircraft, over seven hundred and fifty warships, three
hundred and fifty military civilian satellites, and immense offense budget. Well,
what Sly showed you did not say is when is
that when push comes to shove, it only takes mister Kenzai,
(18:31):
mister Samat, mister zir Khan, mister Arsenit to deliver a
few strategic business cards to paralyze the whole NATO machinery
in a matter of minutes. War number two is the
Empire of Chaos versus the Run in West Asia with
(18:51):
er Ersie Israel as much as proxy as a lead actor.
So this ring master, whose only strategy is to caught
shady deals to enrich himself and shysters in his close circle,
dreams of is rarely centric West Asia. A taxi crossover
of the Abraham Accords viewpoint Oh with the i'mic corridor
(19:16):
creator as Alistair Crook to find it a business lead
West Asia Center on Tel Aviv with Trump as it's
the facto president, and via this business connectivity corridor able
to strike further beyond with the Gulf States penetrating the
(19:36):
bricks South Asian heartlanterns rough bricks connectivity and corridors using
the Arabs against bricks won't even won't cut even with
the mz NBZ and the UAE and NBS in Saudi
Arabia who haven't realized the business scam will only work
(19:58):
if they're real places. Gaza, real peace, real peace. Oh,
good grief. I'm like a little tired here, folks. Forgive
me some serve, humanitarian solution for the Palestinians and rebuilding
the Gaza strip. The Death Coat in Tel Aviv will
never allow any of the above. Their plans to kill
them all, steal all their land and eradicate their culture.
(20:21):
It's like New World Order one oh one. As then
the genocide goes on to a lily, legitimized by the
NATO's fhear. The Death Coat keeps bombing anything in sight,
perpetrating the apolganization of Syria and expanding a disease. Israel
War number three's NATO against China already in the latest
(20:41):
summit in the hog side by side well continueing war
on Russia. Yet actually the scam is much bigger. It's
NATO's war on bricks. This was announced casually by the
unspeakable Dutch mediocricy that makes former slab of Noria Asian
wood Stallenberg sounded like a quantum physics star. NATO Secretary
(21:04):
General Rudy Fruity actually threatened India, China and Brazil directly
and ordered them to call Putin to prevent Daddy Trump
from unleashing his next tariff temper tantrum or TTT. Beijing
is hardly breaking a sweat. China humiliates the circus ring
master by not backing down one inch in their trade
(21:26):
tariff war. Russia humiliate the ring master and by not
being coheres into a pathetic seas fire as an allowing
NATO to rearm Iran humiliate a circus ring master by
that signing an unconditional surrender to who teach humiliate the
US Navy. Now that by one one, that's one of
the military annals. By forcing the ring master into a
(21:49):
seafire after one billion dollars failed bombing. Lula in Brazil
is about to humiliate the see circus ring master by
firming Brazilian sovereignty and face of all the trade in
financial war. Trump even threatened to tax unpopular Brazilian digital
payment picks if slap with fifty percent terrorist Lula and
(22:09):
said brazila will slap the empire chaos back under a
repreicited law. It's like a bunch of little juveniles here,
you know what I'm saying, and loually to me, it's
another clown. Okay, It's like it's a clown world here.
The whole circus ringmaster stick, with each plot draped in
several layers of herbrius and empty bluster. Only accelebrates the
(22:33):
bricks global South high speed train, now increasingly being shaped
as geoeconomic, geopolitical, geostrategic alliance of transcontinental portions reaffirm at
the Rio Summit. All that led, of course, by what
I have been describing as the new Primakov Triangle, the
new Rick Russia, Iran China, complete with their interlocking strategic partnerships.
(22:58):
Quite a few top Chinese academics, not by accident, but
also starting to conceptualize the emerging post West environment with
new eyes in bricks. Iran Indonesia not India, should be
at the heart of bricks. Meanwhile, in Europe, tricontinental analysis
has noted how the war mongering German black Rock chancellor
(23:20):
has pledged six hundred and fifty billion euros over the
next five years towards military spending in order to reach
the NATOS five percent target by twenty thirty five. This
means Berlin being forced to raise about one hundred and
forty four billion euros per year via what else, austerity
(23:40):
and debt translated into massive extra tax on German consumers. That,
in the nutshell is the program for the whole fragmented
collective West in the near future. Austerity for everyone except
the zero point one percent and NATO's wars not diamonds forever.
That's Pepe Escobar. Oh yeah, you gotta really look at
(24:06):
these things, man, and it is insane as usual, So I
just get a big kick out. It's disturbing too, because
who actually benefiting. Remember a lot of these wars, what
most of these wars since even from seventeen forty one
estimate for benefiting the banksters, including what's going on right now,
(24:32):
been happening for a very long time. Even though the
Iraq Iran War, we can even go to the US
War between the States. I don't call it the civil
war because the States, the Southern States has succeeded and
start their new confederation. So how is that a civil war?
It's not. It's just to me, it's all window dressing.
(24:52):
But the banksters will always want to window win these wars.
They benefit the most. They don't give a damn about
the rest of the people. They want everyone to belly
up and join their program. They have the problem reaction solution.
It's not that hard to patterns and all these mastards
in there they want to go to war. Throw them
(25:12):
in the front of and say how toughies ingrace are.
That's how I look at it. It's unacceptable. People don't
want to fight it don't want to fight. They want
true peace, security, spiritual prosperity. But you're not gonna get
up the United Nations or the order themselves all it
is but live in fear, be controlled. Everyone has the
(25:35):
power to say no, we're not We're not gonna comply.
I'll be right back for my final segment, So stay tuned.
All right, Well, we're gonna be one more here. This
came from the Tenth Amendment Center yesterday by Michael Bolden,
one of the founders of that organization. Encourage people to
(25:57):
check them out. They're fantastic, They're historical inclined. Even if
you live in the United States of America, if you
don't learn from the past, folks for them and repeat it.
John Taylor's forgotten assault on Hamilton's economic scheme. Here's a
quote here by him. Constructive powers are like constructive treasons,
(26:17):
John Taylor of Carolina. In seventeen ninety four, John Taylor
of Caroline published a devastating critique of Alexander Hamilton's financial system,
the National Bank, paper money, and debt. Taylor saw these
for what they really were, not mere politic policy disagreements,
but a war on the Constitution itself. His pamphlet and
(26:39):
inquiry into the principles and tennessees of certain public measures
were no mere political track. It was a systematic demolition
of Hamilton's entire program. Taylor called Hamilton's constitutional interpretations constructive treasons,
a phrase that captured the essence of how government power
expands through legal slight of hand foundation under attack by
(27:03):
Washington's second term. American sensed something was wrong. The whispers
were getting louder about Marchie, about corruption, about constitution being
systematically destroyed. Taylor didn't dismiss these concerns as partisan hysteria.
He knew they deserve investigation. It is often that the
administration is driving at monarchy, that the legislator is corrupt,
(27:26):
and that the Constitution has been more deliberately broken than
it was formed. These assertions are alarming. They deserve investigation.
Taylor understood the stakes when he decided to act, sending
his pamphlet directly to President Washington attacking measures the president
himself has signed into law. He chose the truth over
political convenience and the spirit of truth and not of autolation.
(27:51):
Does the following performance solicit your attention? Excuse me? Nor
is it hope of acquiring some share of your countenance
diminished by the circumstance of your not having an official character?
What's held your signature from several of the measures investigated?
(28:12):
Here's what was Taylor's insight. The problem wasn't just bad policies.
Even sound constitutional structure should be corrupted from within. Good
government could rot just as easily as bad government could flourish.
As a bad form of government made by means of
a good administration produce national happiness, a so good form
(28:33):
of government may be abused into engine of fraud and corruption.
The mechanism of this corruption was insidious. Dangerous presidents would
quietly become accepted rules over time. Mischievous presidents or innovation
upon the constitution are matured by time into municipal regulations
or fundamental rules. Taylor explained how this constitutional rock spread
(28:57):
using Framer's analogy. Political laziness works exactly like agricultural laziness.
They ignore the problem, and weeds take over the field.
The weak can only be separated from the chaf by sifting.
Laziness in politics is like laziness in our culture. It
will expose the soil of nauseous weeds. The wholesome plants
(29:21):
will shrink from a state of indiscriminated amnesty and disdaining.
A dishonorable society will leave the field in the possession
of terrors and tissoles. Thisle excuse me the foundational principle.
Tayler didn't attack Hamilton's system with vague complaints. He established
clear constitutional principles that tests every piece of the program.
(29:42):
They weren't academic theories, they were the measuring sticks of
legitimate government. His first principle cut to the heart of
American government it self. All powers flow from the people,
but the constitutional contemplates a public, a republican form of
government flowing from depending on the people, and not a
motive administration destructive of such dependence. And in ooh introductory
(30:07):
introductory of monocle ingredients, innovates upon the subverbs to constitution.
The second principle drew a bright line around progressional tax
paying general welfare did not include taxes for the benefit
of the individuals of private gain. The Congress can have
pose taxes for the common defense and general welfare of
the United States, but it's not the benefit of individuals
(30:30):
in their own private emulent monument. Excuse me, This wasn't
some minor technical point. It was the difference between legitimate
government and legalized plunder. Taylor's third principle remain reminded readers
that government serves as merely an agent of the people
(30:50):
of the several states. The moment it exceeds constitutional limits,
government is converted into usipation the bank scheme. Having established
his constitutional standards, Taylor put Hamilton's system to the test.
He didn't like. Didn't need to look far for evidence.
The National Banking Scheme revealed everything. A system designed to
benefit a powerful few at everyone else's expense and established
(31:14):
in seventeen ninety one, The Bank's bunny mechanism exposed his
true purpose. Instead of requiring actual money deposits, the law
allows stock holders to purchase three fourths of their bank stock,
usually government securities that carry six percent interest. Those who
had brought bought up government debt at pennies on the
dollar during the seventeen eighties can now exchange it at
(31:35):
full faith value for bank stock. Interesting, it's like part
of Hamilton's curse. That was the book was written by
Oh shoot off, guy's name atop my head. Oh my goodness,
shoot one moment. I'll be back here. I'm grabbing the
(31:55):
book right now. Thomas A. Deel Lorenzo. Yes, that's his name.
Thomas Jaji Lorenzul wrote that book. So sorry about that, folks.
All right, So we're gonna go on here, continue on, Taylor,
call it what it was. It will transferred schemes disguised
as economic policy under the law. The result wealth flowed
(32:15):
upward Legally. A portion of the rich class of citizens
are the proprietories of the device. Willis labor supports it,
and annuity to a great amount is suddenly conjured up
by law, which is received extensively by the rich. That
is the atrocity. Oh yeah, riscracy. Yeah, will it not
(32:42):
make them richer? But corruption went deeper than just enriched
speculator speculators. The bank created conflicts of interest that's struck
at the heart of constitutional government. With members of Congress
became stockhoerds or bank directors. They developed self dealing with
interest that operate on the listenator. The bank corrupt Congress itself.
(33:06):
If the number of members of Congress are stockholders or
bank directors, the illegitimate interest is operating on the national legislator,
then the bank has seduced away from their natural or
constitutional allegiance the representatives of the state. The corruption didn't
stop with domestic conflicts of interest. The bank opened the
(33:26):
door to foreign influence. When foreigners boxed bank stock, they
gained direct influence over American government. Taylor saw the danger immediately,
foreign enemies buying what they couldn't conquer. Even then, even foreigners,
our late, most religant and inforiated enemy, have obtained an
(33:46):
influence on our national councils. So far as they obtained
bank stocks. The English, who could not conquer us may
buy us. Interesting. See what's happening right now, folks, This
is information is relevant today. Okay, the paper money deception.
Taylor wasn't fooled by fancy language about banking. He knew
(34:07):
that Hamilton was building a system of manufacturer money out
of thin air. The your currency anyone here. Here's how
it worked. The National Bank issued paper notes, which were
the only notes the federal government accepted for tax payments.
When people pay taxes with these notes, the money flowed
right back to the bank itself. It was a closed
loop that gave the new banking institution enormous power over
(34:31):
the nation's monetary system and created the closest thing to
the facto paper currency. Hamilton didn't hide what he was doing.
In theory, all those notes were redeemable and in specy.
But Hamilton openly acknowledged a bank would issue more paper
money than it held in gold and silver. Basically an
(34:54):
early system of fractional reserve banking. He justified this by
pointing to other banks had done the same. It was
a real established fact that banks in a good and
good credit can circulate a far greater sum than the
actual quant of their capital in gold and silver. The
numbers proved a point. According to the Saint Louis Federal Reserve,
(35:16):
the first Bank maintained a loan to especially ratio of
about five to one throughout its twenty year existence. For
every dollar of real money the bank held, he creates
five dollars in paper. John Taylor saw this fraud coming
from a mile away. He lived through the continental currency
disaster during the revolution. Even wonder whether the phrase not
(35:39):
worth a continental comes from. That's right, massive inflation caused
by paper money printing during the work of Independence and
the other stuff right there for a moment, because I
remember reading the book about on the notorious Bene Arnold
talking about how the food rights of Philadelphs because everyone
was going up. Yeah, currency, So I'll continue on. Taylor
had watched that economic catastrophe and vote, and now Hamilton
(36:01):
was setting up the same disastrous system. The nation just
a nation, but just emerged from the unforeseen forces of
the paper money are something overwhelmed by the ruin of
the paper policy. The economic damage from revolutions paper money,
Taylor argued, rivaled the carnage of the battlefield. The calamities
(36:23):
of the last war was resulting from the banishment of
speci by a paper medium were probably equivalent to those
produced by the sword. The banking contrivance contrivances are rapidly
reducing us again to the same ruinous and miserable situation.
(36:45):
But this wasn't just a bad policy, Taylor also held
it was latantly unconstitutional and not giving the power of
establishing the currency to the one and in taking it
expressly from the other. The constution designed to secure society
against frauds and vices of paper tricks. That circulating paper
(37:07):
medium of every kind was intended to be inhibited is
obvious from the distinction between such a medium and making
anything a tender. They took the position about the constitution
and slammed the door on paper money schemes. Hamilton just
kicked it down the debt as a tool of control.
Taylor's net target was debt itself. He called out the
(37:31):
dangerous philosophy driving Hamilton's economic scheme. A minister in toxic
with influence will exclaim public debt is a public blessing,
for taxes are an incitement to industry. That wasn't just
Taylor's hypothetical. Years earlier, Hamilton had infamously written exactly that
to Robert Morris, a national debt, if it's not excessive,
(37:54):
will be used to us a national blessing. It will
be a powerful cement of our union. It will also
create a necessity for keeping up taxation to a degree which,
without being oppressed, will be a spurred to industry. Hamilton's
program was to build was was built to keep the
United States in debt permanently. Taylor challenge the constitutional basis
(38:18):
for this entire scheme. What does the Constitution contemplate with
an influential character in the person of a Secretary of
treasurer entirely him to prescribe, prescribe congress political dogmas or
wentz arises the right of the federal government to apply
stimulants to industry. Thomas Jefferson exactly saw what Hamilton was
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doing as well, and a letter to President Washington, he
called out Hamilton's addiction to debt as a tool of
power and control. This exactly marks the difference between current
colo Hamilton's views and mind that I would wish the
(39:03):
debt pay tomorrow, he wishes it never be paid, but
always be the thing wherewith to corrupt and manage the legislator.
Taylor also understood the mechanics of how this debt based
control actually worked. It was and is the fashion of
thinking that a public debt unequally held gives premiacy and
(39:23):
weight to its government. That is, to use plain terms
that will enable government to control the will of the
people by counterbalancing with the weight of wealth. At this point,
pretty much everyone knew Hamilton had wanted to eliminate the
states and create single national government. His plan for a
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federal assumption the state war debts was seen by Taylor
as a tool designed centralized power by historian state independence
dissolve all money relationships between individuals and separate states. One would,
on the one hand, diminished state power and to attend consolidation,
and another create an undue influence which by which the
(40:10):
consolidate power might be managed. He could see exactly where
this would lead. Once state debts were assumed, federal taxation
would follow a recurrence to direct tized section by Congress
will swallow up little sovereignty now left to the once
sovereign individual states, and every accumulation of debts of the
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Union is an unpulse toward that end. Taylor saw the
bank as the key mechanism to implement Hamilton's scheme and
explain it as a three step strategy. The funding system
was attend to affect what the bank was contrived to
accelerate accumulation of great wealth and a few hand a
(40:57):
political moneyed engine ess of the republican state assemblies by
depriving them of the political importance resulting from the imposition
and dispensation of taxes. This wasn't actually political drifts policy drifts.
It was coordinated soult on the Constitution the counter revolution.
(41:19):
Taylor saw Hamilton's program for what it really was, a
full blown revolution against the Constitution the people. It aimed
to erectly destroy the Constitution and to erect upon its
ruins and usicipation not sanctioned by the National will, acknowledging
the fundamental principle that the people are the only legitimate
(41:39):
foundation of civil government. How did Hamilton's supporters justify this
constitutional coup. They fell back on constructive powers, the idea
of the Constitution secretly implied its powers, never actually delegated.
These defenders of the banks, Taylor noted, were reduced to
the narrow grounds of asserting that power is tactically implied,
(42:01):
conflicting and subverting the most fundamental principles earnestly a loud
and loudly express Think about that for a moment. They
were claimed the concerts contained hidden meanings that directly contradicted
explicit texts. Taylor had a name for the people pushing
these fantom powers. They weren't just wrong, they were criminals.
(42:26):
Constructive powers are like constructive treasons, legalized treason. That's very good.
I like that a lot. We see this multiple times,
my friends in these United States, federal, state, and local
start using that is your constructive powers, constructive treason. Think
(42:48):
about that, right? I like that solutions. Taylor didn't just
tear down Hamilton's system and walk away. He understood that
the Constitution required active defense by the people and the
states themselves. For if liberty is the national object, the
nation itself must watch over the constitution, preserve it from violation,
and supply its defects or admit to be the lifey
(43:13):
of the community, producing an entire forgetfulness of the rights
of man. His solutions came in three parts. First, and
this should be obvious, stop selecting corrupt representations to the House. Second,
the states needed to maintain control over the Senate. That power, however,
(43:33):
was later stolen from us through the seventeenth Amendment, which
I still say is illegal. Third, and most important, the
states themselves had had to act as constitutional guardians a
tenth Amendment any commandeerian doctrine, though the organs of Saintless,
(43:54):
he wrote, Saintless have at least has a good right
to judge of every infraction of the concert, teaching Congress
itself constructive powers, constructive treasons. Here's a bomb line the
end when the people and the states say no, Well,
what can we say about that? Folks? Very good history
(44:17):
lesson and it's going on and on and on. Log
what's going on with us right now? In the USA?
Three or six trillion dollars in debt and rising federal
reserve been a sham for a very long time. I
learned that many many years ago, I would say, around shoot,
(44:39):
nineteen eighty five, I could say, my mom used to
watchers to show the seven hundred club the late Pat
Roberts say. Now, I wasn't a big fan of his,
but to be very frank, he loves it throw in
info bombs at the people. And he talked about he
did say at the reserves unconstitutional because Congress has the
(45:01):
power of regulation to control the money article in such
a to at the US Constitution. So I had to
verify that he was right. Doesn't mean I'm gonna love
I love the man, but he'll do that now and then. So,
like I said, I always pay attention. You'll have to
agree on everything what these individuals have to say. Andrew
Jackson was the only prim to actually pay off the debt.
(45:22):
When you get when he terminated the second Bank of
the United States, and they try to assassinate him for that.
Whatever you think of him, that was the right thing
he did. If you don't learn from the past, my
friends with them gonna repeat it. Very good history. Lesson here.
I learned something too, So hope you have hope you
do as well, and that will be it all right
(45:44):
over forty five minutes for six minutes, like thank everyone
for listening, but feel free to download and shares, right,
so it would be a networks. If he questions, comments, recommendations,
all that kind stuff. Whatever you do, please use.
Speaker 4 (45:54):
The korn and I'll leave all the footnotes on this
on this, on this, on this episode, so you can
check it out, read for yourself and share with others.
Speaker 2 (46:05):
You can hit me via email to l L three
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(46:28):
medic it, that'd be very cool. All right? Once again,
take a few time, but always remember that the moniker
resistance healthy for the song. Calibrate TI time, take care
of yourselves, keep on spreading to love and me. Your
guardian spirits be with you, BA