>> guest: with alexander hamilton jefferson and the opponents discovered hamilton had a unique financial arrangement with a manns named james brent -- james reynolds who he agreed to sleep with his wife and the democraticre republicans found out than tried to derail his plan to t create the national bank by exposing the sex scandal. but opening that discussion boomeranged because the federalist drug out the story of sally having this that jefferson was fathering his own slate children. some of the founders somehi solace they did not have to the follow the policies. >> that is where you say if we were not so focusedf on this it spends time so we have important issues but it people do like to talk about that. >> the late 18th and earlye 19th century those in theon press was fair game in the 20th century with the professional journalism they see themselves as part ofdi the establishment to protect the elite. all the discussion was well known and washington circles have their affairs of does not make it into the press and we don't have the d scandals to protect from a ahead. >> rightabout th

hamilton? >> guest: right along with the father and children and slave girls and those two were the first news scandals in the beginning with the founding fathers. >> guest: in the case of alexander hamilton, stephenson, and they discovered -- and james reynolds for the race to sleep with his wife, maria reynolds. the democrat republicans found out about this and then proceeded to defame hamilton and derail his plan to create a national bank with a sex scandal. opening up the boomeranged on jefferson, draft of the story of fathering his own flavor children. what we see here is the filing fathers were not above using sex scandals for political points, part of a long tradition of american politics. >> host: if we were not focused on this we would spend more time on the important issues. we have important issues throughout our country's history and yet people do like to talk about this. >> in the 8 -- early nineteenth century the sex lives of president andrew jackson and thomas jefferson was fair

alexander hamilton seven hundred ninety three this is the guy who wrote after the federalist papers it was the the secretary of treasury in the george washington ministration alexander hamilton seven hundred ninety three it is the providence and judy of the executive to preserve to the nation the blessings of peace executive course being the president the legislature alone can interrupt those blessings in other words have a war by placing the nation in a state of war james madison wrote a letter to his mentor thomas jefferson in seven hundred ninety eight james madison was saying if the constitution supposes what the history of all governments demonstrates that the executive the president is the branch of power most interested in war are most proud through it and it has accordingly we studied care best of the question of war in the legislature who was going to put this in the legislature where it can't be you know it you it we takes a declaration of war and george orwell of course said that when war becomes literally continuous this is a nine hundred eighty four in his book it also cea

hamilton george washington said we're going to do something about this when he was first when he was informed that he was elected president he had he henry knox came up off orson told me i was standing in this field he said in six weeks you have a president and ceasing to do things say goodbye to his mother who died shortly thereafter and why him a suit made in america it was illegal in the u.s. system it frank clothing that so washington. hamilton said we want to build an industry you know here in this country and also put forward this eleven point plan and seventy nine when it was about the by congress in seventy three and from seventy nine hundred three until the reagan administration we built things in this country because we protected our industries we subsidize their industries we had tariffs our borders that was not an original idea to hamilton he took it from the british it was called the king his tutor plan king henry the seventh actually he stole it from the from the dutch and so it's been around for a long time so you know what's happened over the last twenty years thirty

alexander hamilton seven hundred ninety three this is the guy who wrote after the federalist papers he was the the secretary of treasury in the george washington illustration alexander hamilton seventy ninety three it is the providence and doing of the executive to preserve to the nation the blessings of peace executive course being the president the legislature alone can interrupt those plus scenes in other words ever war but place in the nation in a state of war james madison wrote a letter to his mentor thomas jefferson in seven hundred ninety eight james madison was saying if the constitution supposes what the history of all governments demonstrates that the executive and president is the branch of power most interested in war and most prone to it and it has accordingly with studied care best to the question of war in the legislature there was we're going to put this in the legislature where it can't be you know it takes a declaration of war and george orwell of course said when war becomes literally continuous this is in one thousand nine hundred four in his book it also ceases to

hamilton george washington said we're going to do something about this when he was first when he was informed that he was elected president he had he henry knox came up op or some told me he was standing up in this field he said in six weeks ago to be president and c.c.s. and i got to do think say goodbye to his mother who died shortly thereafter and buy him a suit made in america it was illegal in the us is to make frank clothing at the time so washington. hamilton said we want to build an industry you know here in this country and also put forward this eleven point plan and seventy nine when it was adopted by congress in seventy ninety three and from seventy nine hundred three until the reagan administration we built things in this country because we protect our industries we subsidize their industries we have tariffs that are borders that was not an original idea to hamilton he took it from the british it was called the king his tutor plan king henry so the seventh actually he stole it from the from the dutch and so it's been around for a long time so you know what's happened over

hamilton who george washington said we're going to do something about this when he was first when he was informed but he was elected president he had he henry knox came up of course and told me i was standing in this field he said in the six weeks ago to the president and he said i was off to do things say goodbye to his mother who died shortly thereafter and buy him a suit made in america it was illegal in the nicest make frank clothing at the time so washington. hamilton said we want to build an industry you know here in this country and most importantly this eleven point plan and seventy one was about the by congress in seventy ninety three and from seventy nine hundred three until the reagan administration we built things in this country because we protect our industries we subsidize their industries we had tariffs of our borders that was not an original idea to hamilton he took it from the british it was called the king his tutor plan king henry so seventh actually he stole it from the. dutch and so it's been around for a long time so you know what's happened over the last twent

did alexander hamilton cut the budget after the revolutionary war? did abraham lincoln cut the budget building the railroads during the civil war? did john f. kennedy cut the budget -- >> thank you very much. >> this is absurd. >> thank you very much. >> it shouldn't happen. you should fight and get your guts together. >> thank you very much. >> we should have a meeting and discuss this resolution. >> thank you. >> i'd like your comments on it. thank you. >> next speakers. next speaker. [speaking foreign language] >> thank you. >> good afternoon. i'm from chinatown. i'm happy through these programs i also get to light rain english, also known the resource for training for the families, and we hope that you can save the resources for families, for children, for all of us here today. thank you. >> hi. my name is mimi. my son's been going to the asian human resource center for a couple of years. the family workshop is very important for all the families, whether it's for the kids, nutritional, or talk about what the discipline. so i want the city to con

hamilton, and there is the principle of the general welfare, this is for us and our prosperity. unfortunately, we're being attacked by our oldest enemy, and this is the monetary terrorists who continue to do this today. as a result, we have -- >> the next speaker? >> you want to save small business? are you seriously? how do you save the small business? take a guess, one of you. can congress answer this question? can one person here answer this question? glass steigel. "too big to fail" will gobble up every small business in america. if you want to show true support, you can call nancy pelosi and said that there is a bill in congress and we want to protect our small businesses. can you endorse this and sponsored the legislation? and she would say, she likes small business. but will sheet endorse and sponsor this? the question is, will you put the pressure on her to do this? and the same is true with the other senators and congressman. the question existing for the survival of the united states -- we are bailing out trillions of dollars in derivative markets because the investmen

did alexander hamilton cut the budget after the revolutionary war? did abraham lincoln cut the budget building the railroads during the civil war? did john f. kennedy cut the budget -- >> thank you very much. >> this is absurd. >> thank you very much. >> it shouldn't happen. you should fight and get your guts together. >> thank you very much. >> we should have a meeting and discuss this resolution. >> thank you. >> i'd like your comments on it. thank you. >> next speakers. next speaker. [speaking foreign language]

luz leopold we're talking with was the in seventy nine he won alexander hamilton laid out his eleven point plan to george washington he was the secretary of the treasury. to his report on manufacturers and suggested that we have basically a protectionist policies in the united states to protect this country which included tariffs that was put in place in seventy ninety three by and large by washington and by the legislature and stood until arguably reagan and clinton the deputy oh. during that period period time for the first from of the washington administrations of the lincoln administration tariffs paid for one hundred percent of the cost of government from the linker to ministration world war one it was two thirds of the cost of government from or one to world war two third of the cost of a government now our average tariff is around two percent rather than the twenty plus twenty to thirty percent it has been historically do you think that there is any place for a conversation about revisiting our trade policies. in today's sure the only reason i'm smiling is that my son just had

luz leopold we're talking with was the in seventy nine he won alexander hamilton laid out his eleven point plan to to george washington he was the secretary of the treasury. to his report on manufacturers and suggested that we have basically a protectionist policy the united states to protect its country which included tariffs that was put in place in seven hundred ninety three by and large by washington and by the legislature and stood until arguably reagan and then clinton the deputy oh. during that period period time for the first from from the washington administration to the lincoln administration tariffs paid for one hundred percent of the cost of government the lincoln administration were wanted was two thirds of the cost of the federal government from world war one to world war two third of the cost of a government now our average tariff is around two percent rather than the twenty plus twenty to thirty percent it has been historically do you think that there is any place for a conversation about revisiting our trade policies. in today's surely there the reason i'm smiling is

you know, i'm working on this hamilton mix tape-- this alexander hamilton concept album that i got to sing... i got to perform at the white house. >> hinojosa: right. a friend of michelle and the prez... >> yeah, which was... and that was the first time i'd performed that song in public outside of the shower. so it was really terrifying and thrilling and amazing. but you know, that is... requires all this historical research and this part of my brain that has long laid dormant in terms of, you know, being accurate historically while getting to really play with contemporary music. and then you know, slipping back into my old heights bathrobe and writing those songs. so the fun for me is in trying to get as much done as i can. >> hinojosa: but morcan you dream about? i mean, if you already have a play on broadway that's been a success and it's going to be made into a hollywood movie, kind of what... you know, what's like, the next thing? >> well, you know, you just continue to... i think the goal of any writer is to continue to find stories that move you, and... whether they're self gen

hamilton to come up with a plan to build manufacturing in america hamilton presented that to congress and seventy seventy nine he won it was by and large accepted in seventy three in a variety of from you know executive orders to congressional policies and it was an eleven point plan you can find on the web if you read it and one of the and the cornerstone of it was tariffs imports taxes on imported goods. were so much a part that the entire federal government was paid for the entire the bill for every senator representative president all fit the entire federal budget from the founding of public george washington until the civil war one hundred percent was tariffs that was the income from the civil war into world war one two thirds of it was tariffs from world war one to world war two huge expansion of government a third of it was paid for with tariffs the average tariff in the united states for most of the twentieth century was between twenty five and thirty four percent now the average tariff in the united states is two point one percent is the time for us to say hey you know if it

hamilton to come up with a plan to build manufacture in america hamilton presented that to congress and fall of seventy eight seventy nine he won it was by and large accepted in seventy three in a variety of from you know executive orders to congressional policies and it was an eleven point plan you can find on the web if you read it and one of the and the cornerstone of it was tariffs imports taxes on imported goods. were so much a part that the entire federal government was paid for the entire of the bill for every senator representative president all. the entire federal budget from the founding of public george washington until the civil war one hundred percent was tariffs that was the income from the civil war into world war one two thirds of it was tariffs for more one the world war two huge expansion of government a third of it was paid for with tariffs the average tariff in the united states for most of the twentieth century was between twenty five and thirty four percent now the average tariff in the united states is two point one percent is the time for us to say hate you k

hamilton was secretary of treasury and spent a lot of time in new york and as secretary of treasury has just overseen the creation of the date of the united states hamilton had a tremendous personal interest to make sure that did not unravel the time he got in. why did he do when you have a financial panic and large banking house is about to collapse? he let it collapse. his name was william duer. you live with the consequences. quietly behind the scenes so that duer actions would not spread to everybody else, hamilton urged the bank of united states, which despite its names was 4/5 private, he urged them to lend were necessary but not ordered to in the name of the government but said i would appreciate it if you see banks in trouble if you can help them out that is a quick and dirty and serve but there is more to it. you have the founders primary concern, number one was with a number number -- security. what would they say about a company was of lockheed martin? i am based on the opinion how they acted, they be bridgeable would have favored a lock out the -- bailout because it supp

the new york post which you can still pick up starts because webster and alexander hamilton have a fight. hamilton is allied with webster in the 1790s. they have a fight in 1800 that lead to a split in the federalist party and leads to jefferson's elections and he starts this rival newspaper, the new york post, first continuously published daily. it had various other names and stopped around 1920. in 1798, webster has money coming in, selling a lot and he decides to retire and the moves back to newhaven into the arnold house. yes, that is benedict arnold. he gets a good deal because the house is tainted by shame and it is the classiest house in new haven. benedict arnold was a merchant and had a huge house in newhavens so he could see the ships and webster moved in. i looked at the deed for that house and it has all the fancy accouterments including a second out house which would translate into so many bathrooms today. he moved into the arnold house and he starts to work on the dictionary. samuel dozen, great british lexicographer worked on it for money. webster went the opposite. webste

it is a treasured asset we inherited from alexander hamilton. our credit worthiness is something we've reviewed don't even want to get new doings' anything that in any way would lessen that. on the fiscal discipline side what people would like to see is even with the types of division we have we as a country are capable of coming together and doing something serious. if we got a serious down payment on deficit reduction in the summer of 2011, that would have been above the expectations people would have had in november when they saw we would be in a period of divided government. my guess is as serious down payment won't get you all the way they're, up have to deficit reduction does not happen all at one time. the older president bush started in 1990. president clinton with no debt republicans born in 1993. dealing with medicare, two incredible adversaries, bill clinton and newt gingrich came together. looking for areas we agree on, they have long-held positions so they jump together. together it is politically viable and important to the country

hamilton have a fight. he writes he is allied with webster in the 1790s. they have a fight in about 1800 that leads to a split in the federalist party that leads to jefferson's election and he starts "the new york post" which is the first continuous published daily. in 1798, webster has money coming in from selling a lot and he decides to retire and moves back to new haven and moves into the arnold house, gets the benedict arnold. he gets a good deal because the houses painted and is the classiest house in new haven. benedict arnold was a merchant who had eight new house on water street in new haven said he can see the ships and webster moves in. i looked at the deed and it has all the creature mounts including the second outhouse which is so many bathrooms today. so he moves into the arnold house and then he starts to work. now the british lexicographer worked on the dictionary for money. he once said no one but it can't ever wrote for money. the webster's career path is the opposite. webster make his mone

hamilton's care. but still, he's the man at every moment, at every crisis in our history we had turned to george washington. so when he died, this wave of emotion swept across the country as news began to spread very slowly across the country and americans learned that washington was gone. there was this outpouring of grief and public memorials and eulogies remembering washington and remembering who he was and thinking about his example to us. and there was this collective need somehow to bring washington back. there was this yearning that somehow we have to fill this gulf, this hole that his passing has left for our nation. the space is open, who do we put into the space? we need to bring washington back. so the wish created, in many ways, the return of george washington. and, thus, our friend parson weems. he wasn't really a parson. his name was mason locke weems. he had known george washington briefly in the 1780s. he had been a visitor to mount vernon, he had married into a branch of the family, a

alexander hamilton famously wrote in the federalist papers 78, that the judiciary has no influence over either the sword, the purse. no direction either of the strength or of the wealth of the society and can take no active resolution whatsoever. it may truly be said to have neither force nor will merely judgment. and, frankly, having read his writings and listened to his testimony where all his great capabilities and fine character are, i have concluded that he, indeed, lacks the most essential quality of a judge, and that's good judgment. proven in the practice of law or as a previously appointed judge. i believe that hamilton he was the role an vision by the chief justice marshall when he wrote it is the province and duty of the justice department to say -- the judicial department to say what the law is. close quote. i think chief justice roberts perfectly summed up the role of a judge as the founders saw it and as we've been raised to understand it when he said that a judge should be a neutral umpire who calls the balls and strikes without preference to either side, but professor li

in 1791 there was a financial panic and alexander hamilton was the secretary of the treasury and spent a lot of time in new york. and became secretary of the treasury and somebody who had just overseen the creation of the bank of the united states. hamilton had a tremendous personal interest in making sure this whole thing didn't unravel the minute he got it in place. what do you do when there's a financial panic and the large banking house collapse? he let it collapse. the guy's name is william duer. hamilton said you brought this on yourself and you live with the consequences. because of duer's consequences didn't go to everybody else, hamilton urged the bank of the united states which despite its name was four-fifths private and he urged the bank of the united states and he didn't tell them they had to. he said look, i'd appreciate it if you see some banks in trouble, see if you can help them out but don't help deur. now, that's the quick and dirty answer on quick bailouts. you have to understand all the founders' primary concern, number 1, numero uno was with national security. so

alexander -- alexander hamilton said it one of the federalist papers. this occurred -- the supreme court's authorization, that is what we did. john talked about defense of acts, the framers understood that at the philadelphia convention. they recognize that when congress is not in session, the president may have to repel certain attacks. that was understood. but to go from defense operation into office operation to take the country from a state of peace into a state of war against another country, that was done either by a declaration or authorization of congress. always. a couple of sentences from president obama. he talked to the nation on march 28 about libya. he says that the united states has done what we said we would do. the united states? no, president obama. congress has nothing to do with it. courts have nothing to do with it. president obama is the united states. he didn't talk about some supporting institutions. had a unique opportunity to stop the violence. a broad coalition prepared to join us. the support of arab countries, a plea from th

it took probably 30 years before the federal government under a system set up by alexander hamilton was able to pay off $75 million in debt for the revolutionary war. if you look at the history of the united states, the debt rises and falls sort of coincidently with major wars and economic upheaval as i explained. if you look back at what happened in world war i, the civil war if you want, the great depression. federal debt inched up words to as much as 30% of the gross domestic product of the entire u.s. economy. more recently, during world war ii, and just a few years ago in 2008 during our financial crisis, dead as a percentage of gdp went up to 100 percent -- debt as a percentage of gdp went up to 100%. there is sort of an interesting dynamic and graphic line in terms of spending money. really, in the last two administrations, we have seen enormous amounts of money added to the debt. paul ryan was on tv over the weekend. he was asked, who is responsible for this huge federal debt? is it democrats or republicans? he said, both parties are responsible. if you look at the budget minist

it took probably 30 years before the federal government under a system set up by alexander hamilton was able to pay off $75 million in debt for the revolutionary war. if you look at the history of the united states, the debt rises and falls sort of coincidently with major wars and economic upheaval as i explained. if you look back at what happened in world war i, the civil war if you want, the great depression. federal debt inched up words to as much as 30% of the gross domestic product of the entire u.s. economy. more recently, during world war ii, and just a few years ago in 2008 during our financial crisis, dead as a percentage of gdp went up to 100 percent -- debt as a percentage of gdp went up to 100%. there is sort of an interesting dynamic and graphic line in terms of spending money. really, in the last two administrations, we have seen enormous amounts of money added to the debt. paul ryan was on tv over the weekend. he was asked, who is responsible for this huge federal debt? is it democrats or republicans? he said, both parties are responsible. if you look at the budget minist

it is a treasured asset that we inherited from alexander hamilton. r creditworthiness, are full faith and credit, it is something that is the gold standard. we do not want to do anything that would in any way deal with that. if we got a serious down payment on debt reduction of 2011, i think that would be way above the expectations that people would have had in november, when they saw we are in a period of divided government, and my guess is that a serious down payment is not going to get you all of the way there. it does not happen all at one time. to be bipartisan, president bush, the older president bush, started in 1990. he did not go far enough. president clinton put forward a plan in 1993 that no republicans supported. newt gingrich and bill clinton came together. so i think what people need to see is that we are on the right path, so i think getting a serious deficit reduction package, which means looking for the areas we agree on, trying to press each side, so you hold hands together, something which is difficult for each to do alone but toge

hamilton described as the weakest and least dangerous branch. fhomasned jefferson warned of to judges control domain it would be nothing than a lovable actsst and the judges could twist and s shape. there's no room in this judicial now i grant that there are individuals and institutions in our society who should play this role. i think that electedctves, representatives, representativen bodies by which i am proud to po serve the constitution. but the last people in our society should play this role of culturally interpreting social meaning. our judge in whose hands have placed the interpretation and tk application of the supreme lawed of the land. i for one did not take an oathey and 50 or perspective on how the world works, whether that sometn judge's liberal or conservativee for something in between. i did not take support of the judges view of evolving social norms or shifting culturalunder. understandings. a they support the constitution of the united states in then document that belongs in itsthef words and standing to the peoplo of the uni

it's a treasured asset that we inherited from alexander hamilton, that u.s. credit standing, our credit worthiness, our full faith and credit is something that is the gold standard. you don't even want to get near doing anything that would in any way lessen that began on the fiscal discipline side, i think what people would like to see is that even with the types of position we have, we as a country are capable of coming together and doing something serious. if we've got a series a down payment on deficit reduction in the summer of 2011, i think that would have been way above the expectations that people would have had in november when they so we're going to be any period of abided government. and my guess is that a serious down payment is going to get you all the way there, but the packet -- the path to deficit reduction doesn't always happen at one time. and to be bipartisan, you know, president bush, the older president bush, started in 1990. he didn't go far enough. president clinton bravely put forward a plan with no republicans supported it in 97 d. wit

alexander hamilton founded my city of patterson, new jersey, understood that good credit is integral to being a world power. it is by no means a joke. failure to act will have immediate and dire consequences. now, the world is not going to collapse this afternoon or tomorrow when this thing goes down, this legislation goes down in a few hours. the majority is willing to risk all that is in order to play political games, to force their failed economic policies. it didn't work in the last 0 years, it's not going to work -- 10 years, it's not going to work now. mr. speaker, this is serious business. the speaker pro tempore: the gentleman's time has expired. mr. pascrell: thank you, mr. speaker. the speaker pro tempore: the gentleman's time has expired. the gentleman from michigan, mr. levin, reserves. the gentleman from michigan is recognized. mr. camp: i reserve at this time. the speaker pro tempore: the gentleman continues to reserve. the gentleman from michigan is recognized. mr. levin: i now yield a minute and a half to another member of the ways and means committee, mr. blumenauer

alexander -- alexander hamilton said it one of the federalist papers. this occurred -- the supreme court's authorization, that is what we did. john talked about defense of acts, the framers understood that at the philadelphia convention. they recognize that when congress is not in session, the presidt may have to repel certain attacks. that was understood. but to go from defense operation into office operation to take the country from a state of peace into a state of war against another country, that was done either by a declaration or authorization of congress. always. a couple of sentences from president obama. he talked to the nation on march 28 about libya. he says that the united states hadone what we said we would do. the united states? no, president obama. congress has nothing to do with it. courts have nothing to do with it. president obama is the united states he didn't talk about some supporting institutis. had a unique opportunity to stop the violence. a broad coalition prepared to join us. the suprt of arab countries, a plea from the libyan

alexander -- alexander hamilton said it one of the federalist papers. this occurred -- the supreme court's authorization, that is what we did. john talked about defense of acts, the framers understood that at the philadelphia convention. they recognize that when congress is not in session, the president may have to repel certain attacks. that was understood. but to go from defense operation into office operation to take the country from a state of peace into a state of war against another country, that was done either by a declaration or authorization of congress. always. a couple of sentences from president obama. he talked to the nation on march 28 about libya. he says that the united states has done what we said we would do. the united states? no, president obama. congress has nothing to do with it. courts have nothing to do with it. president obama is the united states. he didn't talk about some supporting institutions. had a unique opportunity to stop the violence. a broad coalition prepared to join us. the support of arab countries, a plea from th

it's a treasured asset that we inherited from alexander hamilton, that the u.s. credit standing, our credit-worthiness is something that's the gold offic standard. and on the fiscal discipline side, i think what people would like to see is that even with the types of division we have, we as a country are capable of coming together and doing something serious. if we got a serious down payment on deficit reduction in the summer of 2011, i think that would have been way above the expectations that people would have had in november when they saw we were going to be a period of divided government. and my guess is that a serious down payment isn't going to get you all the way there. but the path to deficit reduction doesn't always happen all at one time. and to be bipartisan, you know, president bush, the older president bush started in 1990. he didn't go far enough. but president clinton bravely put forward a plan with no debt republican support in '93 and then in '97 dealing with medicare, two incredible adversaries, newt gingrich and bill clinton came together. so i

hamilton observet a few armed vessels judicially stationed at the entrance of our ports might at a small expense be made useful centinels of the law. this words inspired the united states coast guard. more than 200 years later the coast guard today is dutifully executing its diverse and challenging missions. demonstrating their dual functionality as both a military service and a law enforcement authority. despite limited resources and a broadened scope of responsibility, the coast guard has risen to the increased challenges it faces. time and time again the men and women of the coast guard prove the value of their presence and their important role in protecting the public as well as the environmental economic and security interests of the united states. for almost four decades admiral allen dedicated himself to these missions and kept his -- capped his career by providing meritorious leadership to our nation's oldest, continuous sea-going service. thad allen was born and raised in tucson, arizona. his parents were chief damage controlman clyde allen and wilma allen. after grad waight fro