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How Important Are We The Federalists

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The Federalist wants the obligations by obtaining new money at a more lower interest rate. The next step in the plan is to create a national bank, which was based off after the Bank of England. The national bank that Hamilton’s plan to repay our debt is by making the bank be able to collect our taxes, and also the national bank should be able to store government funds, and be able to let the government borrow money to the government, which they will have to pay back eventually. Congress is not given but should have the power to create banks because the Constitution states that the federal government authority to do anything that is necessary to carry out the constitutional functions is extremely important. Hamilton's debt program will be a remarkable success, and if this plan is …show more content…

Throughout our history we have seen so many people put their own interests and personal gains above patriotism and the needs of our country especially for example ,during the revolutionary War. People tend to be selfish and is usually out for themselves. We the Federalists do not trust any system of the government that involves in giving too much power to our people. This kind of system usually only leads to more error, confusion, and chaos. The best kind of form of government is a country that should be governed only by the educated, wealthy, and public-spirited men. The Federalists has the education, and background to run the country more wisely. Also for example someone from a lower class

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