Throughout the 226 years since the U.S. constitutional system was ratified, the American people and their government have amazed the world with periods of some of the most unprecedented scientific and technological growth the world has ever seen. In 1789-1801 first Treasury Secretary Alexander Hamilton oversaw the revolutionary transformation of the young republic’s war debt into guaranteed-return internal improvement investments, and later, under the guiding hand of President John Quincy Adams and Nicolas Biddle the rapid construction of new roadways and canals which opened up the North American continent for development was facilitated by the founding of the 2nd National Bank throughout the 1820s.
What each of these moments in American history have in common with each other, is the expression and utilization of the sovereign power of federal credit endowed in the U.S. Constitution by Alexander Hamilton. Today, however, is not one of the those periods. Currently, as in the periods interspersed throughout these enormous leaps of growth in our country’s history, U.S. economic policy has been subverted by monetarism. Unless the United States learns from its history, and how, as in the case of Andrew Jackson, sound economic policy has repeatedly been corrupted by populist denigration of the federal authority in charge of economic growth and the illusion of money making money, we will, as a nation, never actually win the battle our founders set out to win.
- LaRouche | PAC
https://larouchepac.com/policy/credit-system
Restore Glass-Steagall
- LaRouche | PAC
https://larouchepac.com/glass-steagall
Manhattan's Struggle for Human Freedom Against the Slave Power of Virginia
- by Robert Ingraham
https://larouchepub.com/other/2015/4219manhattan_v_va_slave_power.html
How Andrew Jackson Destroyed the United States
- by Michael Kirsch
https://larouchepub.com/eiw/public/2012/eirv39n49-20121214/04-45_3949.pdf
The American Industrial Revolution That Andrew Jackson Sought To Destroy
- by Anton Chaitkin
https://larouchepub.com/eiw/public/2012/eirv39n25-20120622/06-23_3925.pdf
States’ Rights, the British Empire, & the “Greenback” Credit Policy
- by Robert Ingraham
Draft Legislation to Restore the Original Bank of the United States
- by Michael Kirsch
https://larouchepac.com/031113/draft-legislation-bank-us
The Credit System vs. Speculation: Nicholas Biddle and the 2nd Bank of the United States
- by Michael Kirsch
https://larouchepac.com/20120704/nicholas-biddle-2nd-bank-us
LAROUCHE ON HAMILTONIAN ECONOMICS:
Cancel Wall Street! Bring Back Glass-Steagall!
- by Lyndon LaRouche
https://larouchepub.com/lar/2013/4031lar_hmltn_econ.html
No to the Green Policy; Revive Our Credit System
- by Lyndon LaRouche
https://larouchepub.com/lar/2021/4807-no_to_the_green_policy-lar.html
GLASS-STEAGALL & BEYOND:
Our Credit System
- by Lyndon LaRouche
https://larouchepub.com/lar/2011/3843our_credit_system.html
This Present World Financial Crisis:
Credit vs. Monetarist Usury
- by Lyndon LaRouche
https://larouchepub.com/lar/2007/3438keynote_kiedrich_conf.html
WHAT THE CONGRESS NEEDS TO LEARN
The Lost Art of The Capital Budget
- by Lyndon LaRouche
https://larouchepub.com/lar/2007/3402art_capital_bdgt.html
Greater Financial Collapse Looms in 2017; Glass-Steagall Must Be Restored To Stop It
- by Paul Gallagher
Glass-Steagall, Then and Now: How To Fix a Bankrupt Economy
- by Paul Gallagher
https://larouchepub.com/eiw/public/2013/eirv40n04-20130125/23-27_4004.pdf
EIR Editor Testifies on Glass-Steagall
Before the Maryland Legislature
- by Paul Gallagher
https://larouchepub.com/other/2017/4411md_legis_gl-st_testimony.html
An Insider’s View of the Historic Fight for a Glass-Steagall Standard
Nomi Prins is a journalist, author and speaker. She was a managing director at Goldman Sachs, ran the international analytics group as a senior managing di- rector at Bear Stearns in London, and worked as a strategist at Lehman Broth- ers and an analyst at Chase Manhattan Bank. She is currently a Senior Fellow at the non-partisan public policy think- tank, Demos.
- by Jeffrey Steinberg
https://larouchepub.com/eiw/public/2014/eirv41n04-20140124/31-38_4104.pdf
Lincoln Financed the War
By Taking On the British-Backed
New York Banks
https://archive.schillerinstitute.com/educ/hist/2014/0620-lincoln_financed_war.html
THE ‘SPECIE RESUMPTION’ FIGHT
Henry Carey’s Battle to Save Lincoln’s Economic Revolution
https://larouchepub.com/eiw/public/2002/eirv29n47-20021206/eirv29n47-20021206_022-the_specie_resumption_fight_henr.pdf