March 14, 2009
Federalist Papers
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After hearing a caller to the Neal Boortz show refer to
the Federalist Papers, I decided to read them. The Federalist Papers were published in various newspapers
as 'op-eds' in support of the new US Constitution
(our current Constitution). The Articles of Confederation did not allow for the
sweeping changes, the Constitutional Convention which
wrote our Constitution was in fact, illegal. The adoption of the US Constitution was a bloodless
overthrow of the then current government. Excerts from Federalist #15, show how the current
situation,
an incompetetent BO in the White House,
an economy going downhill,
states declaring their independence,
and a non-existent foreign policy;
are very similar to the impotent central government
under the Articles of Confederation. Do we need a new constitution
or a return to the limited federal
government envisioned by our founders? FEDERALIST No. 15 HAMILTON … It must in truth be acknowledged that, however these may
differ in other respects, they in general appear to
harmonize in this sentiment, at least, that there are
material imperfections in our national system, and that
something is necessary to be done to rescue us from
impending anarchy. The facts that support this opinion are
no longer objects of speculation. They have forced themselves upon the sensibility of the people at large,
and have at length extorted from those, whose mistaken
policy has had the principal share in precipitating the
extremity at which we are arrived, a reluctant confession
of the reality of those defects in the scheme of our
federal government, which have been long pointed out and
regretted by the intelligent friends of the Union. We may indeed with propriety be said to
have reached almost the last stage of
national humiliation. There is scarcely
anything that can wound the pride or
degrade the character of an independent
nation which we do not experience. ... Is public credit an indispensable resource in time of
public danger? We seem to have abandoned its cause as desperate and
irretrievable. Is commerce of importance to national wealth?
Ours is at the lowest point of declension.
Is respectability in the eyes of foreign powers a safeguard
against foreign encroachments? The imbecility of our
government even forbids them to treat with us. Our ambassadors abroad are the mere pageants of mimic
sovereignty. Is a violent and unnatural decrease in the value of land
a symptom of national distress? The price of improved land
in most parts of the country is much lower than can be
accounted for by the quantity of waste land at market,
and can only be fully explained by that want of private
and public confidence, which are so alarmingly prevalent
among all ranks, and which have a direct tendency to
depreciate property of every kind.
Is private credit the friend and patron of industry?
That most useful kind which relates to borrowing and
lending is reduced within the narrowest limits, and
this still more from an opinion of insecurity than from
the scarcity of money. ... This is the melancholy situation to which we have been
brought by those very maxims and councils which would now
deter us from adopting the proposed Constitution; and
which, not content with having conducted us to the brink
of a precipice, seem resolved to plunge us into the abyss
that awaits us below.
Here, my countrymen, impelled by every
motive that ought to influence an
enlightened people, let us make a firm
stand for our safety, our tranquillity,
our dignity, our reputation.
Let us at last break the fatal charm
which has too long seduced us from the
paths of felicity and prosperity. ... Why should we consent to bear more than
our proper share of the common burden?
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