The first bank of the United States was also a private institution. It was not run by the government. It's function was much like the federal reserve bank system. Yes it was federally chartered but so is the Fed. If it was unconstitutional then so is the Fed for the same reasons.
-----Original Message----- >From: Bob Blakely <[email protected]> >Sent: Jan 3, 2009 7:31 PM >To: Pentax-Discuss Mail List <[email protected]> >Subject: Re: Irony > >Under our system, the government has no rights, only powers, and only those >granted to it by the Constitution. > >Hamilton's opinion may be interesting to discuss, however, the Constitution >is more important than Hamilton. I've read our Constitution mant times and >cannot find any part that would grant the Federal government the power to >establish a bank. > >http://www.law.cornell.edu/constitution/constitution.overview.html > >In fact, that's why we "use" the Federal Reserve (Bank). It's a private (as >in non government) profit making corporation with a federal charter. > >Regards >Bob... >--------------------------------------------------------------- >"I don't mind if you don't like my manners. >I don't like them myself. They're pretty bad. >I grieve over them long winter evenings." > -- Philip Marlowe (Humphrey Bogart) > > >----- Original Message ----- >From: "Peter Alling" <[email protected]> >To: "Pentax-Discuss Mail List" <[email protected]> >Sent: Friday, January 02, 2009 9:06 PM >Subject: Re: Irony > > >> Hamilton probably wouldn't have thought so. >> >> -----Original Message----- >>>From: Bob Blakely <[email protected]> >>>Sent: Jan 2, 2009 4:53 PM >>>To: Pentax-Discuss Mail List <[email protected]> >>>Subject: Re: Irony >>> >>>That wold be the unconstitutional bank, right. >>> >>>Regards >>>Bob... >>>--------------------------------------------------------------- >>>"I don't mind if you don't like my manners. >>>I don't like them myself. They're pretty bad. >>>I grieve over them long winter evenings." >>> -- Philip Marlowe (Humphrey Bogart) >>> >>>----- Original Message ----- >>>From: "Peter Alling" <[email protected]> >>>> >>>> Real Irony is putting the face of the president who destroyed the US' >>>> first central bank, setting the economy back 50 years, on the $20 dollar >>>> bill. >>> >>> >>>-- >>>PDML Pentax-Discuss Mail List >>>[email protected] >>>http://pdml.net/mailman/listinfo/pdml_pdml.net >>>to UNSUBSCRIBE from the PDML, please visit the link directly above and >>>follow the directions. >> >> >> -- >> PDML Pentax-Discuss Mail List >> [email protected] >> http://pdml.net/mailman/listinfo/pdml_pdml.net >> to UNSUBSCRIBE from the PDML, please visit the link directly above and >> follow the directions. > > >-- >PDML Pentax-Discuss Mail List >[email protected] >http://pdml.net/mailman/listinfo/pdml_pdml.net >to UNSUBSCRIBE from the PDML, please visit the link directly above and follow >the directions. -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net to UNSUBSCRIBE from the PDML, please visit the link directly above and follow the directions.
