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Archive for May, 2010

Hamilton’s Curse by Thomas J. DiLorenzo

History can be a funny thing. Sometimes the sands of time obscure facts from those with only a passing knowledge of the truth.

So it is with some of the Founding Fathers. As a group they are revered by many for their knowledge, wisdom and forethought. They are seen as selfless defenders of liberty.

But that view is not completely accurate. Take the case of Alexander Hamilton, described by Thomas J. DiLorenzo in Hamilton’s Curse as essentially the anti-Thomas Jefferson—a man who would be pleased with America’s economic system today.

Hamilton’s Curse is not a biography of Hamilton. Rather it describes “his core political and economic ideas; the intellectual, legal, and political battles over those ideas; and the consequences America has suffered since his ideas were implemented,” DiLorenzo writes.

Although he was a principal author of The Federalist Papers and championed the adoption of the United States Constitution to replace the Articles of Confederation, he began to work immediately to undermine its tenants as President George Washington’s first Treasury Secretary.

Republicans Ask For Citizens’ Opinions On Spending Programs

In an effort to connect with conservative activists and help curb Federal spending, House Republicans announced last week the creation of a new project designed to allow citizens to vote on what they think should be cut from the Federal budget.

Attorney General Eric Holder’s Deputy Testifies In Voter Intimidation Inquiry

As the Obama administration tries to stave off criticism over its dismissal of the investigation into the alleged New Black Panther Party voter intimidation case last year, a top Justice Department official testified on May 14 in front of the United States Civil Rights Commission.

Praises, Criticisms Of Kerry-Lieberman Climate Bill Continue

In the days since Senators John Kerry (D-Mass.) and Joe Lieberman (I-Conn.) introduced their energy and climate bill proposal, unions, industry groups and other stakeholders have continued to express their views that span an entire spectrum of opinions.

Vitamin A Supplementation May Improve Lung Function In Newborns

Expectant women who take vitamin A supplements before and during pregnancy have a greater chance of giving birth to a child with superior lung function, according to a new Johns Hopkins study.

Supreme Injustice

President Barack Obama is covering all the bases when it comes to forming his Supreme Court, an institution which will leave his stamp on America long after he has left office. Read this article to learn what Kagan’s nomination means for Obama’s legacy…

The Birth Of Wall Street

What would become the New York Stock Exchange was born 218 years ago this week. On May 17, 1792, 21 stock brokers and representatives of three firms met under a buttonwood tree at 68 Wall Street and signed what became known as “the Buttonwood Agreement” to regularize the buying and selling of public shares. Members […]

Holder Admits To Not Having Read Arizona’s New Immigration Law

After criticizing Arizona’s new immigration law over its alleged proclivity to promote racial profiling, Attorney General Eric Holder admitted last week that he has not read the statute.

Holder Evades Questioning On Alleged Illegal White House Job Offer

Despite Representative Darrell Issa’s (R-Calif.) intensive questioning at a Congressional hearing last week, Attorney General Eric Holder refused to comment on the status of a possible Justice Department investigation.

Poll Shows Michigan Residents Oppose Expansion Of Sales Tax

The idea of expanding the sales tax to services has been floated as one way to help lower Michigan’s budget deficit, but a new survey shows that most residents overwhelmingly oppose this measure.

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