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December 23, 2011

Who understands the Constitution better, Ron Paul or the Founding Fathers?

Ron Paul 2Who understands the Constitution better, Ron Paul or the Founding Fathers?  Ron Paul believes the answer to that question is Ron Paul.

Speaking at the Huckabee Presidential Forum, Rep. Paul reiterated his long-standing position on the Fed:

"Everybody knows my position on the Federal Reserve.  It is unconstitutional."

One can legitimately criticize the Federal Reserve for many things -- too secretive, needs to be audited, overly interventionist -- but its constitutionality should be beyond question.  The Constitution does indeed authorize a central banking institution such as the Federal Reserve.  Who says so?  The men who wrote the Constitution, that's who.

Many delegates to the Constitutional Convention were elected to the first session of Congress.  In 1791, less than two years after the Constitution was ratified, this very Congress established the Bank of the United States.  Like the Federal Reserve, the Bank of the United States functioned as a central bank.  In fact, the Bank of the United States was even more powerful than the Fed is today.

Washington and HamiltonWhose idea was it to create the Bank of the United States?  Alexander Hamilton, an architect of the Constitution.  Who signed Hamilton's bank bill into law?  George Washington, who had chaired the Constitutional Convention.

Clearly, the Founding Fathers knew a central bank to be constitutional.  Nonetheless, Ron Paul thinks he knows more than Alexander Hamilton and George Washington about the meaning of the Constitution.  I disagree.

Book coverMichael Zak is a popular speaker to Republican organizations around the country.  Back to Basics for the Republican Party is his acclaimed history of the GOP, cited by Clarence Thomas in a Supreme Court decision.  He is also the author of the 2005 Republican Freedom Calendar.  His Grand Old Partisan website celebrates more than fifteen decades of Republican heroes and heroics.  See www.grandoldpartisan.com for more information.

Posted at 10:02 AM |

Tags: Alexander Hamilton, Bank of the United States, Constitution, Fed, Federal Reserve, Founding Fathers, George Washington, GOP, Grand Old Partisan, Grand Old Party, Michael Zak, Mike Huckabee, Republican Party, Ron Paul

Comments

Established by the Founding Fathers, the Bank of the United States was a private corporation.

Posted by: Michael Zak | December 23, 2011 at 05:11 PM

The Constitution provides for a Government Central Bank. It does not make provisions for a Private Corporation to be the central bank.

Posted by: J Galt | December 23, 2011 at 03:24 PM

The comments to this entry are closed.

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My father, of blessed memory, wrote a book now available on Kindle: Soldier Boy: a Memoir of Life and Death and Survival during WWII

Back to Basics for the Republican Party

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    Here's why."
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grand_old_partisan@hotmail.com

I am offering the solution to a problem most Republicans don't know they have -- that they can be outmaneuvered and thrown on the defensive endlessly, on nearly any issue, because they accept as true Democrat lies about the Republican Party. To correct that misperception and to help the Republican Party get 'back to basics' is why I'm a man on a mission.

A few years ago, after one of my speeches, a man told me "Do you know what your problem is? You're too far ahead of your time!" My efforts to show Republicans how they would benefit from celebrating the heritage of our Grand Old Party have been arduous, but if this were easy someone else would have already done it.

Among my speech topics are Reconciling the Tea Party and the GOP; Barack Obama, the Worst President Ever; Socialism, the new Slavery; Appreciating the Heritage of our Grand Old Party; Returning to the Founding Principles of the United States; The Women’s Rights Achievements of our Grand Old Party; Abraham Lincoln, Republican; Frederick Douglass, Republican; Martin Luther King and the Republican Civil Rights Legacy.

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    Michael Zak is a popular speaker to conservative organizations around the nation -- thirty states so far. His message is that Republicans would benefit tremendously from appreciating the heritage of our Grand Old Party.

Book Reviews

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  • great information on our rich heritage
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  • "I recommend Back to Basics for the Republican Party to everyone who wants to be educated on the true history of the GOP and America!!!!
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    Anyone who liked the Lincoln movie will love this book. This book is perhaps the best kept secret in all political and history books in America. It is something every politico should read. It puts things into historical perspective like few other books I've read. It challenges conventional through thorough documented history. This is a must read for any student of American history and political science. One regret is that I read the book more than a decade after it was published. It truly is something you feel you missed out on. It is also a book that leaves you wanting to learn more about certain individuals such as Thaddeus Stevens. It's an incredible body of work."
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    “Back to Basics for the Republican Party is very informative and gives you an insight into the history of the party from the early days to the modern day presidencies of Ronald Reagan and George Bush Sr. What the author has done is provide a balanced view, giving the reader a fascinating 150-year journey of the Republicans. This book is a REAL political page turner which will open minds to a wealth of knowledge and history which most are not even aware of.
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