November 5

Ep. 0084: DHP Villains: Robert Morris, Original Bankster

Robert Morris is one of the lesser-known “Founding Fathers” today, even though arguably he was one of the most important and influential.  He served as a virtual chief executive of the country in the latter years of the Revolutionary war and was the father of the American Federal Leviathan and the crony capitalist system that lives in symbiosis with it.

(BTW, I was a bit under the weather, but happy to get this one cranked out anyway!)

Join CJ as he discusses:

  • Robert Morris’ origins, rise in business, and entry into American politics
  • His role early in the war as a key member of the Secret Committee of Trade, and some of his questionable dealings in that capacity
  • Morris’ leaving of Congress in 1778 and return in 1781 as Superintendent of Finance, a post he held until 1784
  • Morris’ role as one of the most powerful members of what historians now refer to as the “Nationalists,” who pushed for a stronger central government, more taxes, a central bank, and a large, fully funded national debt, as means by which to create a system in America more to their liking
  • The eventual success the ‘Nationalists’ had several years after the war, when they became the ‘Federalists’ who wrote & implemented the Constitution
  • How Robert Morris’ handpicked man for Secretary of the Treasury, Alexander Hamilton, succeeded in implementing most of Morris’ wishlist during the Washington Administration, and the legacy that has passed onto American history ever since

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Posted November 5, 2015 by profcj in category "American History", "DHP Villains", "Economic History


  1. By Eric on

    Whenever I hear that someone involved in politics is supposedly free of ideology, I take that to mean that their desire to be politically involved is strictly a result of megalomania or rent-seeking. There is no policy left or right these creatures would not endorse to further their more personal financial or psychological goals.

    I’m not sure why a lack of ideals is regarded by so many in the media as a virtue, but given how destructive so many of the ideals of those in the ruling class are, maybe it actually is better to prefer the crooks and sociopaths over the well-meaning ideologues who want to control the levers of power.


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