Re: John Calhoun

From the discussion of “The Deep State Money Manipulators” in my new book, written with Bill Haynes,  The Last Gold Rush… Ever! (available HERE):

In one guise or another, the Deep State and its Money Manipulators have been in business for a very long time, as an observation made two centuries ago will attest. John C. Calhoun, the seventh vice president of the United States, had returned to the Senate, where, in 1836, he rose to oppose a measure that would be familiar today. He was objecting to an amendment that, along with a huge increase in government patronage and enabling the concealment of manipulations of the monetary system, would also provide public money to private banks at no interest:

A power has risen up in the government greater than the people themselves, consisting of many, and various, and powerful interests, combined into one mass, and held together by the cohesive power of the vast surplus in the banks. This mighty combination will be opposed to any change; and it is to be feared, that such is its influence, no measure to which it is opposed can become a law, however expedient and necessary; and the public money will remain in their possession, to be disposed of, not as the public interest, but as theirs may dictate.

The term Deep State didn’t exist in Calhoun’s time.  But it should have.


9:29 pm on March 30, 2021