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Feb 18, 2013
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apropos to my book, washington's closest adviser was alexander hamilton, and one of the chapters in the book talked about hamilton's history of womanizing. for example, bill clinton was not the first, and bill clinton was not the worse when it comes to misbehavior in high office. there's a long, long history of it. and eliot spitzer, arnold schwarzenegger, david petraeus, these guys had nothing on alexander hamilton. and what we find is if you read, for example, letters by martha washington during those winter camps, she was tough. she was like a soldier. she didn't complain about the weather, the harsh conditions, but she did complain about one thing. there was a tomcat one winter that was misbehaving with all the lady can cats, and it was noisy, noisy, noisy, and it kept her awake at night, so she nicknamed the tomcat alexander hamilton. [laughter] i also did a book a few years ago called life in the white house, and it was about the presidents at ease. what did they eat? what hobbies did they have of? what are their fears and hopes? or what are they like as fathers and husbands? how
apropos to my book, washington's closest adviser was alexander hamilton, and one of the chapters in the book talked about hamilton's history of womanizing. for example, bill clinton was not the first, and bill clinton was not the worse when it comes to misbehavior in high office. there's a long, long history of it. and eliot spitzer, arnold schwarzenegger, david petraeus, these guys had nothing on alexander hamilton. and what we find is if you read, for example, letters by martha washington...
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Feb 9, 2013
02/13
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apropos to my book washington's closest adviser was alexander hamilton. one of a chapter starts about the history of womanizing. for example, bill clinton was not the first and not the look worst when it comes to this behavior in high office. along prolong history of it. and eliot spitzer, arnold schwarzenegger, out these guys had nothing by alexander hamilton. we find is if you read, for example, letters written by it martha washington she was tough, like a soldier, did not complain about the weather, did not complain about the harsh conditions, but she did complain about one thing. there was a tomcat warm winter that was misbehaving with all the lady cats and it was noisy. she nickname the tomcat alexander hamilton. all the young roes that would come into town. a few years ago, life of the white house. the presidents at ease. hobbies. fears and hopes. fathers and husbands. another rate of assessing presidential character. we are also trying to figure out dick nixon. for example, i looked and said nixon liked to boulogne and some palms were blacks it to
apropos to my book washington's closest adviser was alexander hamilton. one of a chapter starts about the history of womanizing. for example, bill clinton was not the first and not the look worst when it comes to this behavior in high office. along prolong history of it. and eliot spitzer, arnold schwarzenegger, out these guys had nothing by alexander hamilton. we find is if you read, for example, letters written by it martha washington she was tough, like a soldier, did not complain about the...
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Feb 26, 2013
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alexander hamilton had a very bad case. that was part of the torment.he real torment was to see his friend's and the men he respected, instead of all come together to make a new form of government, was falling apart into two parties. he would never have believed jefferson and madison and hamilton would become enemies of one another. they would do everything they could to keep each other out of office instead of working together. >> before we leave this section, because we will begin working back from earlier parts of for life, you mentioned atoms. -- adams. martha washington had a relationship with abigail adams. there was almost a sisterhood of revolutionary ladies. can you tell us more about who was in that? >> they had a lot in common. they were wives who were partners, not who were stuck to the side and left out of everything. they were both deeply committed to the idea of a new republic. they cared about it. >> it was very political in that sense. >> they also helped each other socially. abigail was extremely tickled by this act that her place was
alexander hamilton had a very bad case. that was part of the torment.he real torment was to see his friend's and the men he respected, instead of all come together to make a new form of government, was falling apart into two parties. he would never have believed jefferson and madison and hamilton would become enemies of one another. they would do everything they could to keep each other out of office instead of working together. >> before we leave this section, because we will begin...
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Feb 28, 2013
02/13
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we go all the way back to the time of alexander hamilton and we know what he meant to this country andestablishing the financial system of this country and the secretary of secretary of treasury. in the case of mr. lew there were several reasons why he ended up being asked numerous questions. first the nomination process as i mentioned was abbreviated due to the haste of the administration. that meant the questions which in the ordinary course of business could've been resolved through discussion have to be asked in written form. second ,-com,-com ma due to the general unresponsiveness of the administration to request information over the last few years there is a pent-up demand for information and any semblance of responsiveness from the executive branch. third, mr. lew's responses to many questions have been opaque. he has dissembled often end up being the case it seems the only way to get answers to straightforward questions was to continue to ask for clarifications in an attempt to break through the wall of ops this case and shin bet mr. lew constructed. i have no doubt they could'
we go all the way back to the time of alexander hamilton and we know what he meant to this country andestablishing the financial system of this country and the secretary of secretary of treasury. in the case of mr. lew there were several reasons why he ended up being asked numerous questions. first the nomination process as i mentioned was abbreviated due to the haste of the administration. that meant the questions which in the ordinary course of business could've been resolved through...
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Feb 19, 2013
02/13
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john edwards, these guys, they have nothing on alexander hamilton. we'll be fine, he said.she didn't complain about one thing. [inaudible] i did read a book called life in the white house, and it was about the president at ease. what are their fears and hopes and what are they like as fathers and husbands. another way of providing us a glimpse into presidential character. he sometimes wore a black suit to do this. the affairs of state, i have tried to take a different perspective. we all know about george washington. we study washington with brilliant and delaware on christmas night during the revolution. we find that the teenage washington, on more than one occasion, basically goes back home in fear because he puts pen to paper and he writes. he once wrote a poem in yet another girl turned him down. we all understand and know that our country's leaders have been shaped by the hand of a woman, often the mother, and i'm here to tell you that sometimes it is we take this program -- is a legend of fairness alleged misbehavior. related to the book, what my thought was is during
john edwards, these guys, they have nothing on alexander hamilton. we'll be fine, he said.she didn't complain about one thing. [inaudible] i did read a book called life in the white house, and it was about the president at ease. what are their fears and hopes and what are they like as fathers and husbands. another way of providing us a glimpse into presidential character. he sometimes wore a black suit to do this. the affairs of state, i have tried to take a different perspective. we all know...
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Feb 26, 2013
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alexander hamilton had a bad case but survived. that was part of the torment. but the real torment for washington was to see that his friend and his the men he respected instead of coming together to make a new form of government, were falling apart in to two parties. he would never have believed that jefferson and madison and hamilton would become enemy of one another and they would be doing everything they could to keep each other out of office instead of working together. >> before we leave this section, we're going to begin working or way back through earlier part of her life. you mention adams. and in fact, martha washington had a relationship with ab abigail adams. i have to say i was tickled to find out there was almost a sister hood of revolutionary ladies. can you tell us about who was in that and how they interacted? >> they had a lot of in common, they were both wives who were partners. they were not wives who were stuck to the side and left out of everything. and they both were deeply committed to the idea that this new republic. that's something th
alexander hamilton had a bad case but survived. that was part of the torment. but the real torment for washington was to see that his friend and his the men he respected instead of coming together to make a new form of government, were falling apart in to two parties. he would never have believed that jefferson and madison and hamilton would become enemy of one another and they would be doing everything they could to keep each other out of office instead of working together. >> before we...
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Feb 10, 2013
02/13
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alexander hamilton has a similar perspective. he favored consumption taxes because he believed they cannot be raised to ruinous levels. he also probably wanted to discourage imports but that is another issue. in the mid 20th century, the most famous proponents were irving fisher, a u.s. economist. he david a. spending tax -- he favored a spendings tax. the secretary of the treasury proposed such a tax in 1942 and was laughed out of consideration. anyway, who was a proponent of that. then there was nicolas caldor wrote a book in 1955. the bees on that came from both the right and left. it was exempt savings and to help growth and not worry about progressivity so much. from the leftfromcaldor -- from the left, caldor view it as a way of getting at the waltealth. now we go onto more modern proposals. starting in the 1970's's. 1976, the treasury put out a tax reform proposal. there were two model taxes. the author of that study was pushing the consumption tax idea. the book caught a lot of attention. that was an individual tax with d
alexander hamilton has a similar perspective. he favored consumption taxes because he believed they cannot be raised to ruinous levels. he also probably wanted to discourage imports but that is another issue. in the mid 20th century, the most famous proponents were irving fisher, a u.s. economist. he david a. spending tax -- he favored a spendings tax. the secretary of the treasury proposed such a tax in 1942 and was laughed out of consideration. anyway, who was a proponent of that. then there...
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the first occurred in 1792 when alexander hamilton absorbed the debt from the revolutionary war.very first ipo was a victim of the first insider trading case. so what. as far as the nonsense going on, this stuff happens all the time. occurring in 2006 lasted one day, actually 10 minutes and the difference between the waves of the ocean and the tide of the ocean. gerri: if you are in for the long haul, maybe have time to wait out the flash crash and can have enough patience to walk past, move past the insider trades, but all of this excitement over this line in the sand, we'r where only back to we we were five years ago. i think that is what is disappointing about it. i have been here before, people, let's move higher than this. >> and we will. the market doesn't move like a bank cd. it moves up and down. over history it goes up a lot more than it goes down. gerri: i am a big fan of stocks and a lot of people are very nervous. thank you for coming on tonight, appreciate your time. we talk a lot on this show if college is worth the price of admission especially when you see these n
the first occurred in 1792 when alexander hamilton absorbed the debt from the revolutionary war.very first ipo was a victim of the first insider trading case. so what. as far as the nonsense going on, this stuff happens all the time. occurring in 2006 lasted one day, actually 10 minutes and the difference between the waves of the ocean and the tide of the ocean. gerri: if you are in for the long haul, maybe have time to wait out the flash crash and can have enough patience to walk past, move...
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Feb 20, 2013
02/13
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three years after he killed alexander hamilton he was fighting for his life in court.ion, he plotted to secede and form his own country. they found he had conspired against our country and acquitted him because he didn't commit an overt act as the constitution requires. court of public opinion was to the nearly as kind. many burned burr in effigy. he changed his last name in edwards after coming back from europe
three years after he killed alexander hamilton he was fighting for his life in court.ion, he plotted to secede and form his own country. they found he had conspired against our country and acquitted him because he didn't commit an overt act as the constitution requires. court of public opinion was to the nearly as kind. many burned burr in effigy. he changed his last name in edwards after coming back from europe
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Feb 21, 2013
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received his phd from claremont and will be teaching this fall of those lucky students at the alexander hamilton center in new york. these pajama men, please join me in giving a warm heritage welcomes to dr. david frisk. [applause] >> well, thank you, that is both me and more importantly william rusher. can anyone here a right? i suspect there is a very wide range in this room of familiarity and relative unfamiliarity with bill rusher who is the publisher is "national review" for 31 years, i'll muster the beginning and cannot set aside to have had a half-century long career in american politics present pain of a privileged ringside or for mercy. he never ran for public office, never held public office, never really found it anything on itself as a number of conservative leaders did and became identified, never controlled his own institution. he has to say put it in my introduction, "if not us, who?" that was published last april, he was at the edge of the limelight. a lot of people knew very well who he was. a lot of people know a lot less about him. as people became aware of william rusher, the
received his phd from claremont and will be teaching this fall of those lucky students at the alexander hamilton center in new york. these pajama men, please join me in giving a warm heritage welcomes to dr. david frisk. [applause] >> well, thank you, that is both me and more importantly william rusher. can anyone here a right? i suspect there is a very wide range in this room of familiarity and relative unfamiliarity with bill rusher who is the publisher is "national review"...
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Feb 10, 2013
02/13
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violent and certainly remember the moment in 1804, literally shot and killed treasury secretary alexander hamilton. that when we remember from our history. what you may not remember, senators backing from missouri got into a spat on the senate floor. pulled out a handgun, pointed it at the head of thomas then. i have no pistol. identifier. but the assassin fire. fortunately, they declared a recess, pulled the two apart and save the senator's life. and of course in 1856, and other famous incident from south carolina congressman preston brooks incensed by his speech by massachusetts senator charles sumner came over and came on to the senate floor with a steel came, d. charles sumner what he had within inches his life. so by those standards, we have a very peaceful body today. no excessive demonstrations of violence or god, at least for the moment. in recent debates, the senate has become more bipartisan and more individualistic. many of traditions and folkways are feeding as we see each congress come into existence. senators, no longer, for example wait out for their time to be recognized on the sen
violent and certainly remember the moment in 1804, literally shot and killed treasury secretary alexander hamilton. that when we remember from our history. what you may not remember, senators backing from missouri got into a spat on the senate floor. pulled out a handgun, pointed it at the head of thomas then. i have no pistol. identifier. but the assassin fire. fortunately, they declared a recess, pulled the two apart and save the senator's life. and of course in 1856, and other famous...
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Feb 27, 2013
02/13
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going all the way back to the time of alexander hamilton, and we know what he meant to this country in steak the financial system of this country. and he was secretary of treasury. in the case of mr. lew, there were several reasons why he ended up being asked numerous questions. first, the nomination process, as i mentioned, was abbreviated due to the haste of the administration. that meant the questions which in the ordinary course of business could have been resolved through discussion had to be asked in written form. second, due to the general unresponsiveness of the administration to reques requesr information over the last few years, there is a pent-up demand for information. third, mr. lew's responses to many questions have been opaque. he has dessembled often. the only way to get answers to straightforward questions was to continue to ask for clarifications in an attempt to break through the wall of object obfuscation that mr. lew had constructed. he could have answered most of these questions in much less numerical form than he did. even after extensive questioning, there remai
going all the way back to the time of alexander hamilton, and we know what he meant to this country in steak the financial system of this country. and he was secretary of treasury. in the case of mr. lew, there were several reasons why he ended up being asked numerous questions. first, the nomination process, as i mentioned, was abbreviated due to the haste of the administration. that meant the questions which in the ordinary course of business could have been resolved through discussion had to...
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Feb 3, 2013
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remember the moment in 1804 when the aaron burr literally shot and killed treasury secretary alexander hamilton. that one we remember from our history books that what but what you may not remember in 1854 senators thomas hart benton from missouri and henry flake of mississippi got into his a spat on the senate floor. senator vogt pulled out a handgun, pointed it at the head of thomas benton and benton hollered, i have no pistol, let him fire. stand out of the way and let the assassin fired. fortunately they declared a recess and pulled the two apart and say the senator's life. and then of course in 1856 another famous incident from south carolina congressman preston brooks incensed by his speech by massachusetts senator charles sumner came over and came onto the senate floor and with a steel tipped cane be charles sumner levy and within inches of his life. so by the standards we have a very peaceful body today. [laughter] no excessive demonstrations of violence or guns at least for the moment. but in recent debates the senate has become more partisan and unfortunately more individualistic. many
remember the moment in 1804 when the aaron burr literally shot and killed treasury secretary alexander hamilton. that one we remember from our history books that what but what you may not remember in 1854 senators thomas hart benton from missouri and henry flake of mississippi got into his a spat on the senate floor. senator vogt pulled out a handgun, pointed it at the head of thomas benton and benton hollered, i have no pistol, let him fire. stand out of the way and let the assassin fired....
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Feb 4, 2013
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who received his psd -- ph.d from claremont and we'll be teaching those lucky students at the alexander hamilton center in new york. ladies and gentlemen, please join me in giving me a warm heritage welcome to dr. david frisk. [applause] >> well, thank you. for that wonderful introduction of me and more importantly william rusher. can everyone here all right? i suspect there's a very wide range in this room of familiarity and relative unfamiliarity with bill rusher, who was the publisher of "national review" for 31 years. almost from the beginning. and can all be said to have had a half century long career in american politics, with something of a privileged ringside or front row seat. he never ran for public office, never held public office, never really founded anything on his own as a number of conservative leaders did and became identified, never controlled his own institution. he was as i put it in my introduction, "if not us "if no william rusher, 'national review,' and the conservative movement," published last ever, he was at the edge of the limelight. a lot of people do very well who he
who received his psd -- ph.d from claremont and we'll be teaching those lucky students at the alexander hamilton center in new york. ladies and gentlemen, please join me in giving me a warm heritage welcome to dr. david frisk. [applause] >> well, thank you. for that wonderful introduction of me and more importantly william rusher. can everyone here all right? i suspect there's a very wide range in this room of familiarity and relative unfamiliarity with bill rusher, who was the publisher...
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Feb 20, 2013
02/13
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three years after he killed alexander hamilton he was fighting for his life in court. accusation, he plotted to secede and form his own country. they found he had conspired against our country and acquitted him because he didn't commit an overt act as the constitution requires. court of public opinion was to the nearly as kind. many burned burr in effigy. he changed his last name in edwards after coming back from europe. that was 206 years ago today. now you know the news, february 19th, 2013. i'm shepard smith. we're back tomorrow for studio "b", back for the fox report right before mr. bill mr. bill o'reilly. >> tonight. we need to get our debt, our spending all in order because we're in trouble. >> how do you get people to make more than $9 an hour. you create a robust economy. >> bill: what is the biggest problem facing america? two new analysts scott brown and herman cain will tell us and i will weigh in on that. >> i'm a clinton person. that is the way politics is. >> bill: how does president obama stack up against president clinton? >> he needs to go into the ro
three years after he killed alexander hamilton he was fighting for his life in court. accusation, he plotted to secede and form his own country. they found he had conspired against our country and acquitted him because he didn't commit an overt act as the constitution requires. court of public opinion was to the nearly as kind. many burned burr in effigy. he changed his last name in edwards after coming back from europe. that was 206 years ago today. now you know the news, february 19th, 2013....
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Feb 6, 2013
02/13
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alexander hamilton was similar he favored consumption taxes because they could not be raised at thatlevel. and also probably had another issue that disappeared but famous proponents were american and englishmen irving fisher was a foremost economist and favored a spinning's tax and wrote the book 1942 but the secretary treasury proposed such attacks in 1942 and was laughed out of consideration but he was a big proponent then there was a left-wing economist who wrote a book in 1955, interestingly enough from the right to it was exempt savings but from the left it was a way to get at the inherited wealth wealth, they would be taxed when they spend it down. so now we go on to more modern proposals starting in the '70s, 1976 the treasury put out a tax reform proposal, their word to model taxes but the author of the study david bradford was basically pushing for the consumption tax idea. and the proposal got a lot of attention that was basically an individual tax with the deduction for savings a rethink of the economist favor that but the harvard professor also was an advocate of the cons
alexander hamilton was similar he favored consumption taxes because they could not be raised at thatlevel. and also probably had another issue that disappeared but famous proponents were american and englishmen irving fisher was a foremost economist and favored a spinning's tax and wrote the book 1942 but the secretary treasury proposed such attacks in 1942 and was laughed out of consideration but he was a big proponent then there was a left-wing economist who wrote a book in 1955,...
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Feb 7, 2013
02/13
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alexander hamilton had a similar perspective favoring consumption taxes believing they couldn't erase to ruinous levels, safer to do that than have an income taxes and wanted to discourage exports which is another issue that mostly disappeared. in the mid-20th century, the famous proponents were the american and englishman. the american, irving fisher, who wrote a book on it in 1942, and joe may want to talk about the fact that the secretary of the treasury proposed a tax in 1942, and, apparently, was laughed out of consideration. anyway, he was a big proponent of that. there was a left wing british economist, nicholas, who wrote a book called an expenditure tax in 1955. interestingly enough, the views on that came from both the right and the left. from the right, it was spending taxes, the idea was to exempt savings and to help growth and also not worry about progressivity so much. from the left, nicholas viewed the expenditure tax as a way to get at the inherited wealth, the land in england, taxed when they sent it down, somehow felt income tax was not reaching. now we go on to more
alexander hamilton had a similar perspective favoring consumption taxes believing they couldn't erase to ruinous levels, safer to do that than have an income taxes and wanted to discourage exports which is another issue that mostly disappeared. in the mid-20th century, the famous proponents were the american and englishman. the american, irving fisher, who wrote a book on it in 1942, and joe may want to talk about the fact that the secretary of the treasury proposed a tax in 1942, and,...
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Feb 14, 2013
02/13
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one would assume that the figure is alexander hamilton. america's first treasury secretary. look again. this 12 foot tall statue is of albert gallatin. the longest serving u.s. treasury. in a to one, thomas jefferson asked gallatin to serve. --in 1801, thomas jefferson asked gallatin to serve here in the place of treasury secretary is more than avarice and response will -- laborous and responsible than any other. what did he do? he established fiscal discipline that was necessary a country into a great world power. gallatin also help orchestrate the louisiana purchase, doubling the size of the united states. his work is commemorated in gallatin county, montana and a beautiful gallatin national forest in the rockies as well as the gallatin river in missouri. when gallatin accepted the decision, it was noted at the time that he was placed in a situation of trust. today we are here to consider the nomination of jack lew to the nation's next treasury secretary. we are here to determine if he is worthy of the situation of trust. jack was a long and distinguished career establishe
one would assume that the figure is alexander hamilton. america's first treasury secretary. look again. this 12 foot tall statue is of albert gallatin. the longest serving u.s. treasury. in a to one, thomas jefferson asked gallatin to serve. --in 1801, thomas jefferson asked gallatin to serve here in the place of treasury secretary is more than avarice and response will -- laborous and responsible than any other. what did he do? he established fiscal discipline that was necessary a country into...
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Feb 23, 2013
02/13
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alexander hamilton was the most enthusiastic proponent, aulos official state policy, the need to go out and do this. interestingly enough another brown brother has a crucial role year, not john brown, the bad brother, the slave trader, the property from the war, but denies brown brother, the quaker, the pacifist, the abolitionist, moses brown. moses brown hired samuel slater. simulator is considered the grandfather of the american industrial revolution. he has been credited. prole in overstatement. but cut it would appeal any side and he will be credited to my tab forever in history. well, who? the smuggle himself in the fines of extraordinary strict british innovation loss that did not allow machinists skilled artisans like insult to leave the british isles precisely because if he did say when that hell bent. so he would pretend to be a farmer or some such, smart lens of the new york. moses brown heard about him. it starts a new in pawtucket. and he actually had some small machinery to work on to see if it might help. turned out to be mostly uses, so the kind of cannibalize the parts a
alexander hamilton was the most enthusiastic proponent, aulos official state policy, the need to go out and do this. interestingly enough another brown brother has a crucial role year, not john brown, the bad brother, the slave trader, the property from the war, but denies brown brother, the quaker, the pacifist, the abolitionist, moses brown. moses brown hired samuel slater. simulator is considered the grandfather of the american industrial revolution. he has been credited. prole in...
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Feb 24, 2013
02/13
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alexander hamilton was the most enthusiastic upon it, almost official state policy to go out and do this. interestingly enough, in other brown brother has a crucial role here. not john brown the bad rather come the slave trader, profiteer, but the nice brother, the quaker, pacifists, abolitionists. how did mrs. brown play a role here? he hired samuel slater. they are considered the grandfather of the american industrial revolution. probably an overstatement, but go to wikipedia and he will be credited. he actually smuggled himself out of england in defiance of extraordinarily strict british immigration laws that did not allow machine has come artisan precisely because if he did would end up helping countries other than england. smuggled himself to new york. heard about him, brought him up to start a meal in pawtucket at the street. moses had since smuggled machinery to work on to see if it might help. turn out to be useless or the campbell is the person the rest is history. in the stories about fortunes made. everyone is talking about how much pablo escobar made. he actually made the lis
alexander hamilton was the most enthusiastic upon it, almost official state policy to go out and do this. interestingly enough, in other brown brother has a crucial role here. not john brown the bad rather come the slave trader, profiteer, but the nice brother, the quaker, pacifists, abolitionists. how did mrs. brown play a role here? he hired samuel slater. they are considered the grandfather of the american industrial revolution. probably an overstatement, but go to wikipedia and he will be...
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Feb 1, 2013
02/13
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united states has been having arguments with the central bank all the way back to the days of alexander hamilton thomas jefferson. the first bank of the united states was a central bank which was basically the bank for the u.s. treasury. hamilton and jefferson argued about it. there was a second bank of the united states that was created. andrew jackson basically ended its charter. there's a long history of mistrust in parts of the united states about the central bank and what it does. back in the derickson and hamilton days, a lot of the farm state bankers did not trust the first bank of the united states. -- back in the days of jefferson and hamilton. there is a federal reserve board in washington made up of seven governors and chairman who is ben bernanke. then there are 12 regional fed banks. they're all part of this federal reserve system. the regional fed bank, every chartered bank of the united states has to pay in capital to the federal reserve banks and in return they get a dividend. but these are not banks the way we think of commercial banks. the federal reserve bank of new york is no
united states has been having arguments with the central bank all the way back to the days of alexander hamilton thomas jefferson. the first bank of the united states was a central bank which was basically the bank for the u.s. treasury. hamilton and jefferson argued about it. there was a second bank of the united states that was created. andrew jackson basically ended its charter. there's a long history of mistrust in parts of the united states about the central bank and what it does. back in...
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Feb 15, 2013
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he will be a great one in the mold of albert gallatin and alexander hamilton and other new yorkers, one who might never knew. unlike hopefully this one. i fully support this nomination and urge that we moved as quickly as possible so that the senate can confirm this nominee and jacking get on with the important task necessary to continue moving this country forward economically. jack, i congratulate you on your nomination. >> thank you, senator. >> thank you very much, mr. chairman. likewise, i am pleased to be here. i think most of you know, i left the senate because i was told i should buy it a pre read doctor. i honor the doctor. it is very nice to be here and said to feel good enough to contact you. senator schumer, it is nice to be with you and some nice that you leave me enough time to express my feelings. i thank you for that. in any event, i want you to know that i was sitting up in the little restaurant in santa fe new mexico with some of the members of the state house and got a telephone call the from somebody that i could not understand. there was lots of noise. if he was not
he will be a great one in the mold of albert gallatin and alexander hamilton and other new yorkers, one who might never knew. unlike hopefully this one. i fully support this nomination and urge that we moved as quickly as possible so that the senate can confirm this nominee and jacking get on with the important task necessary to continue moving this country forward economically. jack, i congratulate you on your nomination. >> thank you, senator. >> thank you very much, mr. chairman....
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Feb 14, 2013
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he will be a great one in the mold of albert gallatin and alexander hamilton, another new yorker, one who i never knew. [laughter] i fully support this nomination and urge that we move as quickly as possible so the senate and confirm this nominee and he can get on with the important task necessary to continue moving this country forward economically. jack, congratulations on your nomination. >> thank you. >> thank you, mr. chairman. likewise, i'm very pleased to be here. most of you know i left the senate because i was told by an eminent doctor -- told i should by an eminent doctor. but i have outlived that doctor. feels good to feel good enough to come out here and talk to you. it is nice that you leave me enough time to express that. i was sitting up in a little restaurant in santa fe, new mexico with some members of the statehouse. i got a telephone call from somebody i could not understand. there is a lot of noise. if he was not a wonderful guy, he probably would have dumped me overboard. i kept saying, who are you? what are you doing? after three or four times of exerting himself
he will be a great one in the mold of albert gallatin and alexander hamilton, another new yorker, one who i never knew. [laughter] i fully support this nomination and urge that we move as quickly as possible so the senate and confirm this nominee and he can get on with the important task necessary to continue moving this country forward economically. jack, congratulations on your nomination. >> thank you. >> thank you, mr. chairman. likewise, i'm very pleased to be here. most of you...
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Feb 6, 2013
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they're worried about a value-added tax being a money machine, kind of the same worry that alexander hamiltond about the income tax. a guest in the tax. we're running into long-term budget problems. the current income tax may not be up to the task abrasive -- raising sufficient revenues. income tax reform is very difficult. the globalization makes it much harder to tax investment income which is easily movable which is another thing that makes it an income tax hard and as we look around the world many countries rely on consumption taxes for a larger share of revenue than the u.s. riley eddy of replacing my income-tax with a consumption tax has failed i think we need to think seriously about rebalancing our system and may be raising more revenue from consumptions. >> thank you. >> okay. well, eugene steuerle said i was going to a sell all the problems . i'm here to talk, the impact of of these changes. before then 19, mid-1990s when you wrote a check to pay your taxes you rejected the internal revenue service. i can't tell you how many people talk to me what the internal revenue code. you know
they're worried about a value-added tax being a money machine, kind of the same worry that alexander hamiltond about the income tax. a guest in the tax. we're running into long-term budget problems. the current income tax may not be up to the task abrasive -- raising sufficient revenues. income tax reform is very difficult. the globalization makes it much harder to tax investment income which is easily movable which is another thing that makes it an income tax hard and as we look around the...
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Feb 6, 2013
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kind of the same thing that alexander hamilton had income tax reform, however difficult, i've written a lot about tax expenditures. i am not optimistic that they can be cut that much. the globalization makes it much harder to tax investment income, which is easily movable. that is another thing that makes income tax hard. many countries rely on consumption taxes for a larger share of revenue in the u.s. while the idea of replacing the income tax with a consumption tax has failed,. >> okay, my recommendation is that everybody read my annual report to congress and then do do everything that i recommended and we will be fine and that is the solution. [laughter] but i am actually here today to talk a little bit about the impacts of all of these changes of the n-terminal revenue code. the internal revenue code. i can't tell you how many people talk about this, thinking that the irs has control of the law, which has absolutely no control over what congress proposes. and then in 1990s, they said write your check to the u.s. treasury. what the changes did to the tax procter, i am just sort of
kind of the same thing that alexander hamilton had income tax reform, however difficult, i've written a lot about tax expenditures. i am not optimistic that they can be cut that much. the globalization makes it much harder to tax investment income, which is easily movable. that is another thing that makes income tax hard. many countries rely on consumption taxes for a larger share of revenue in the u.s. while the idea of replacing the income tax with a consumption tax has failed,. >>...
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but the united states has had arguments about central banks all the way back to the days of alexander hamilton and thomas jefferson. the first bank of the united states was its central bank, basically the bank for the u.s. treasury. hamilton and jefferson argued about it. there is a second bank of the united states created. andrew jackson basically ended its charter. there's a long history of mistrust in parts of the united states about the central bank and what it is back in the jefferson and hamill 10 days. a lot of the farm state bankers didn't trust the first bank of the united states was kind of acting in the entries. the federal reserve was created years ago and it's got unusual structure, kind of an outgrowth of this history of mistrust through central banking. as the federal reserve board in washington make up of seven governors and a chairman, ben bernanke. and 12 regional fed bank and they're they're all part of this federal reserve system. at the regional fed banks, every bank, every charter bank of the united states has to pain capital in return for the jay david and. but these are
but the united states has had arguments about central banks all the way back to the days of alexander hamilton and thomas jefferson. the first bank of the united states was its central bank, basically the bank for the u.s. treasury. hamilton and jefferson argued about it. there is a second bank of the united states created. andrew jackson basically ended its charter. there's a long history of mistrust in parts of the united states about the central bank and what it is back in the jefferson and...
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Feb 4, 2013
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the electors and what we now know as the electoral college, they all get together and alexander hamiltony going on. explain what happened. >> yes. hamilton was very loyal to george washington. so he heard whispers that the northern delegates were going to vote for john adams. and at that time, each electorate put two names on the balance. whoever got the most votes won president. the runner up was vice president. so he went around saying, hey, don't vote for john adams 'cause he wanted george washington to win resoundingly. of course, he did unanimously with 69 votes. adams got 34. so it embarrassed adams, but it certainly set up, hey, we had a clear president and it's george washington. >> steve: he eventually became president anyway. >> he did. >> gretchen: i want to read a quote from the first inaugural about the lasting legacy. the preservation of the sacred fire of liberty and the destiny of the republican model of government are finally staked on the experiment entrusted to the hands of the american people. i guess part of his legacy is that he took an idea for a start-up and he tu
the electors and what we now know as the electoral college, they all get together and alexander hamiltony going on. explain what happened. >> yes. hamilton was very loyal to george washington. so he heard whispers that the northern delegates were going to vote for john adams. and at that time, each electorate put two names on the balance. whoever got the most votes won president. the runner up was vice president. so he went around saying, hey, don't vote for john adams 'cause he wanted...
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Feb 26, 2013
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and this is not just jim inhofe and alexander hamilton talking.hat's everybody throughout this country's history. that is one of the things that people should consider. we did not -- this is not a filibuster and we have not received the information that we are entitled to. i'd say it's not just senator cruz. it's others too. it doesn't happen to be me because i'm opposing this nominee for many of the same reasons that the previous speakers, senator cornyn and the senator from mississippi, have stated. let me do this, though, because i know that we're running real close to running out of time. i think the senior senator from texas, senator cornyn, brought out and talked probably more and has in the last month about the problems he has in the middle east with the attitude of former senator hagel to the various middle eastern countries. how hezbollah, how hamas, all of those are worked into it. in the case of iran, i mentioned when i was concerned and have been concerned about the attitude of mr. hagel in terms of this group called global zero moveme
and this is not just jim inhofe and alexander hamilton talking.hat's everybody throughout this country's history. that is one of the things that people should consider. we did not -- this is not a filibuster and we have not received the information that we are entitled to. i'd say it's not just senator cruz. it's others too. it doesn't happen to be me because i'm opposing this nominee for many of the same reasons that the previous speakers, senator cornyn and the senator from mississippi, have...
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Feb 1, 2013
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united states has been having arguments with the central bank all the way back to the days of alexander hamilton and thomas jefferson. the first bank of the united states was a central bank which was basically the bank for the u.s. treasury. hamilton and jefferson argued about it. there was a second bank of the united states that was created. andrew jackson basically ended its charter. there's a long history of mistrust in parts of the united states about the central bank and what it does. back in the jefferson and hamilton days, a lot of the farm state bankers did not trust the first bank of the united states. there is a federal reserve board in washington made up of seven governors and chairman who is ben bernanke. then there are 12 regional fed banks. they're all part of this federal reserve system. the regional fed bank, every chartered bank of the united states has to pay in capital to the federal reserve banks and in return they get a dividend. but these are not banks the way we think of commercial banks. the federal reserve bank of new york is not like citigroup out there trying to earn b
united states has been having arguments with the central bank all the way back to the days of alexander hamilton and thomas jefferson. the first bank of the united states was a central bank which was basically the bank for the u.s. treasury. hamilton and jefferson argued about it. there was a second bank of the united states that was created. andrew jackson basically ended its charter. there's a long history of mistrust in parts of the united states about the central bank and what it does. back...
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Feb 6, 2013
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from alexander hamilton to andrew carnegie to albert einstein, we get our nation forged by immigrants. it is time we fully embrace that immigration is good for our country. it is time to do are tour part. thank you very much, mr. chairman. >> thank you. all other members opening statements will be made a part of the record. we will turn now to our distinguished panel. i will begin by introducing the first panel. our first witness on this panel is mr. vivek wadhwa, a visiting scholar at the university of california berkeley. a senior research associate at harvard law school. he is also a faculty member and adviser and writes a regular column for the washington post and bloomberg business week. last year, his book was named a book of the year by the economist magazine. he received his bachelor's degree from the university in australia and received his mba from new york university. our next witness is mr. michael teitelbaum who currently serves as the senior director of the alfred p. sloan foundation. from 1980-1990, he served as one of 12 commissioners for the study of international mig
from alexander hamilton to andrew carnegie to albert einstein, we get our nation forged by immigrants. it is time we fully embrace that immigration is good for our country. it is time to do are tour part. thank you very much, mr. chairman. >> thank you. all other members opening statements will be made a part of the record. we will turn now to our distinguished panel. i will begin by introducing the first panel. our first witness on this panel is mr. vivek wadhwa, a visiting scholar at...
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when alexander hamilton and andrew carnegie, and many others, immigration is good for our country.t's time that we do our part and devise a way that the people have enough get up and go to get up and go and come to our shores and bring their talents and contributions to our society and to our economy to become americans with us. thank you very much, mr. chairman. i yield the floor back. >> i think the gentleman. without objection from all other members will be made a part of the record. we will turn now to our distinguished panel of witnesses. i will begin by introducing the first panel. our first witness on this panel is a visiting scholar at the university of california berkeley and senior research associate at harvard law school and director of research at the center for entrepreneurship and research commercialization at duke university. he is also a faculty member in the rights regular car loan for bloomberg business week. last year, his book the immigrant accident, was named a book of the year. by the economist magazine. mr. wadhwa received his degree in australia and his mba
when alexander hamilton and andrew carnegie, and many others, immigration is good for our country.t's time that we do our part and devise a way that the people have enough get up and go to get up and go and come to our shores and bring their talents and contributions to our society and to our economy to become americans with us. thank you very much, mr. chairman. i yield the floor back. >> i think the gentleman. without objection from all other members will be made a part of the record....
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Feb 28, 2013
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baucus: madam president, america's first treasury secretary alexander hamilton once said -- and i quote -- "the confidence of the people will easily be gained by a good administration. this is the true touchstone. hamilton's words take on a new prominence today as we test our next treasury secretary to gain the trust of the american people and restore confidence in our nation's economy. 19 of 24 senators in the senate finance committee voted yesterday on a bipartisan basis in favor of jack lews's nomination. senators on both sides of the aisle spoke to his character and to his integrity. he's well qualified to be the nation's next treasury secretary and equipped to restore confidence and trust in our economy. that will be his touchstone. i am certainly not alone in supporting mr. lew for the crucial role as the administration's top advisor on economic policy. yesterday's overwhelming support for mr. lew came after one of the most thorough reviews of any candidate for the position. a process that includes hours of interviews with mr. lew, the examination of six years of tax records, and
baucus: madam president, america's first treasury secretary alexander hamilton once said -- and i quote -- "the confidence of the people will easily be gained by a good administration. this is the true touchstone. hamilton's words take on a new prominence today as we test our next treasury secretary to gain the trust of the american people and restore confidence in our nation's economy. 19 of 24 senators in the senate finance committee voted yesterday on a bipartisan basis in favor of jack...