Joe, why do you continue? You are dealing with someone who knows NOTHING about United States history, United States government or world history. This is someone who doesn't even know the reasons for the fall of ancient Rome, something that is well known by 6th graders.
A little history lesson for an obvious graduate of a government school:
From:
A plea for the Constitution of the United States by George Bancroft
(Citing James Madison)
"We have a record of what was spoken and of what was done in the federal convention kept by Madison, who took upon himself the most solemn engagement to preserve the truth for the instruction of coming generations, and whose opportunity, capacity, and integrity no one questions. His report of what was said and done on the 16th of August in the federal convention preserves the testimony of many witnesses, taken down as it were by the most capable notary.
The question before the convention was:
Shall power be granted to the legislature of the United States "to emit bills of credit?" The first witness is Gouverneur Morris, a man free from illusions; a delegate from the state which contained Philadelphia, then the most opulent city in the thirteen states; and as by his interests he was nearly connected with the city and state of New York, he thoroughly represented the interests of commerce. He moved to strike out the grant of power to "emit bills on the credit of the United States," saying: "If the United States have credit, such bills will be unnecessary; if they have not, will be unjust and useless." The seconder of Gouverneur Morris was Pierce Butler, a delegate from South Carolina, then the richest commercial state in the South. He remarked in the course of debate that "paper is a legal tender in no country in Europe," and he was urgent to withhold from the government of the United States the power to make it so.
Madison interposed: "Will it not be sufficient to prohibit the making" the bills "a tender?" Gorham, in reply to Madison, held that no accompanying prohibition was sufficient to make it safe to grant to the legislature of the United States the power to emit bills of credit. He spoke absolutely "for striking the words out," saying: "If the words stand, they may suggest and lead to the measure."
The words of Oliver Ellsworth, our third chief justice, were: "This is a favorable moment to shut and bar the door against paper money. The mischiefs of the various experiments which have been made are now fresh in the public mind, and have excited the disgust of all the respectable part of America."
Randolph expressed "his antipathy to paper money;" but "could not agree to strike out the words, as he could not foresee all the occasions that might arise."
James Wilson, in concurrence with Ellsworth, said: "It will have a most salutary influence on the credit of the United States to remove the possibility of paper money. This expedient can never succeed whilst its mischiefs are remembered; and, as long as it can be resorted to, it will be a bar to other resources."
George Reed spoke for Delaware: "The words, if not struck out, would be as alarming as the mark of the beast in Revelation."
John Langdon, of New Hampshire, conforming to the wise instructions of the towns of his state, said: "I had rather reject the whole plan than retain the three words 'and emit bills.'"
Madison, agreeing with the journal of the convention, records that the grant of power to emit bills of credit was refused by a majority of more than four to one. Eleven men took part in the discussion; and every one of the eleven, whether he spoke for or against the grant of the power, Gouverneur Morris, Pierce Buffer, James Madison, Nathaniel Gorham, George Mason, John F. Mercer, Oliver Ellsworth, Edmund Randolph, James Wilson, George Reed, and John Langdon, each and
all, understood the vote to be a denial to the legislature of the United States of the power to emit paper money. Take the men, one by one, and see how weighty is the witness of each individual; take them together and add the consideration that they, every one of them, unanimously support each other and are contradicted by no one, and who shall dare question their testimony? The evidence is perfect; no power to emit paper money was granted to the legislature of the United States."
http://www.constitution.org/gb/gb-plea.htm
