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Alexander Hamilton wanted to pay the government's expenses. He was an economic conservative, with economic ideas similar to Washington's. To pay the expenses he asked Congress for a 5 percent tariff on imports. But the government also needed to establish a good credit rating with other nations. The new government was already about $56 million in debt. Hamilton proposed several steps:
1. Fund the entire Confederation-era debt at face value. This would show the good faith of the new government.
2. Assume the state's debts that had been contracted during and after the war. By paying back these loans, the government would again be showing its good credit.
3. The main pillar of Hamilton's fiscal plan was to establish a Bank of the United States. The BUS would have power over other banks, and basically control the economy of the US. Sort of like the FED operates today.
Hamilton lost out on the tariff increase as farmers feared it would cost them too much to purchase the manufactured goods they needed from Europe. He also lost out on a projectionist tariff, as the rates remained low.
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When Alexander Hamilton create the first national bank?
Hamilton hoped to provide financial order, precedence, and clarity, for the new-found United States. He also hoped to develop country and overseas credit for the new nation. Last, but not least, Hamilton wanted to resolve the fiat currency issues.
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Becasue national governments can resolve conflicts, provide services and maintain our country in order.
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President Kennedy removed nuclear missiles from Turkey to resolve the crisis
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Representation was such a difficult issue to resolve because it consisted all legislation.
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president.
When Alexander Hamilton create the first national bank?
Hamilton hoped to provide financial order, precedence, and clarity, for the new-found United States. He also hoped to develop country and overseas credit for the new nation. Last, but not least, Hamilton wanted to resolve the fiat currency issues.
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The Supreme Court has the power to resolve conflicts involving national laws.
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national judiciary
Why is a national government necessary?
Becasue national governments can resolve conflicts, provide services and maintain our country in order.
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the supreme court
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Compromise
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national and state governments
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The act of impeachment is a presidential one. Impeaching a president would resolve in the removal of the president by means of a congressional vote.
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After consulting some dictionaries, blogs and my own common sense, I come to the following. A resolution is a determination (or resolve) one makes to do an act. Whereas, a promise is primarily a vow one makes do an act. In other words, every promise is a resolution, but, every resolution is not a promise. You cannot go back on promise, because it is like a contract you make with yourself or other people (parties, they call in law). However, a resolution may be broken. For instance, you can say that you were so moved by emotions at that time and so now you break your resolve or determination. But, if you make a promise then, boy you're bound to it.
Who has has the power to resolve issues involving national laws or laws of the US?
The Supreme Court has that power.
