- May 3, 2011
- Reaction score
Still, that makes it no more constitutional.Madison signed it into law because of the war. He even backed out when peace negotiations started. But then the economy worsened and banks stopped redeeming notes.And yet Madison signed into law the SECOND bank of the United States.The first Congress was not the founding fathers. Idk why you 2 keep implying that.
The "father" of the constitution was against it...
So much for 'being against it'. In point of fact, Madison signed a Central Bank into law.
The Founders disagreed. With Hamilton, Washington, and the 1st congress by a ratio of nearly 2 to 1 all eager for a Central Bank. And affirming its constitutionality.Nowhere in the enumerated powers does it give the fed gov to establish a central bank. That is a states job.
Skylar, it also wasnt the first session of the first congress. It was the third session.
It's not because he just changed his mind, as you so implied.
Still, that makes it no more constitutional. Again, implied powers was made up in thin air by one of the biggest statists in history
Obviously, why expect the Founders would have a grasp on the Constitution?