The Insidious Cult of Alexander Hamilton – The Statist Father of Big Government

by Thomas DiLorenzo
David Stockman’s Contra Corner

When former Fed Chairman Ben Bernanke got wind of the fact that the U.S. Treasury Department was considering replacing Alexander Hamilton on the ten-dollar bill he threw a fit of protest. Writing on his Brookings Institution blog, Bernanke said that he was “appalled” that “the greatest of the founding fathers” (and the founding father of central banking) would be mistreated in this way.

The New York Times immediately weighed in, apparently outraged that such a famous New Yorker would ever be demoted in such a way. The neocons were especially incensed over the proposal.

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