re: #30 JeffM70

It always amuses me when Tea Partiers try to support their cause by citing Alexander Hamilton. Anybody who has ever read Federalist Paper #1 would realize that if any Founding Father would be horrified by the Tea Party it would be Alexander Hamilton.

You mean like this:

A new U.S. federal government began operating in 1789, following the ratification of the United States Constitution. The previous government under the Articles of Confederation had been unable to levy taxes; it had borrowed money to meet expenses, accumulating $54 million in debt. The states had amassed an additional $25 million in debt. Alexander Hamilton, the first Secretary of the Treasury, sought to use this debt to create a financial system that would promote American prosperity and national unity. In his Report on Public Credit, he urged Congress to consolidate the state and national debts into a single debt that would be funded by the federal government. Congress approved these measures in June and July of 1790.