The British in their infinite wisdom miscalculated

USA Europe
Executive Intelligence Report , EIRNS , , Schiller Institute ,

In recognition of the January 11 birthday of Alexander Hamilton, the inventor of the American System of economics—not “capitalism,” which the Founding Fathers never called it, but the national system of credit, banking and Constitutional law documented in Hamilton’s four Reports, written as the first Secretary of the Treasury, and implemented in the Washington-Hamilton Presidency’s revolution in self-government through economic development—and in celebration of the American System’s challenge to the British East India Company, through the creation of such institutions as the Paterson, New Jersey, Society for Useful Manufactures in implementation of those policies—we present Lyndon LaRouche’s 2013 remarks on the principle of Glass-Steagall, the June 1933 legislative action deployed by Franklin Roosevelt to clean up Wall Street, and to put people first.


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