Getting back to Alexander Hamilton, the founders of this country founded this great nation in order that people be free of religious discrimination. It is wrong for members of the media to poke fun of others because that is how they understand and translate their holy texts.
Also, as others pointed out (and I did a bit too cynically yesterday), in London they have been dealing with this for over 50 years. If it is not a problem for them it will not be a problem in the USA.
Dr. Hall:
The lack of a Central Bank made it impossible to fight the long, damaging recession.
Very debatable. I assume you are not an Austrian 🙂
I don’t know if a central bank would have helped, either. There seems to have been (and I am in no way an expert) bigger issues, such as rising interest rates, the Specie Circular (why would anyone be allowed to use wildcat notes in the first place in beyond me), and the unwillingness of Van Buren to lend to banks without the use of specie (which doesn’t need a National bank, just National Bank Notes and the acceptance of US bonds, similar to the National Banking Act of 1863).
I do believe that it is too much of a tangent for this thread.