|Forum - Wall Street Pit
||Stock Due Diligence for All|
|From: halleluyah (Rep: 155) reply to spuds||Date: 03/25/2018 18:56|
|Forum: Wall Street Pit - Msg #2726326||Thread #673999574 (Rec: 0) |
|Re: Trump is a God send could care less if DOW falls -2000 points Tarriffs wa...|
That dog does hunt.
Very good observation spuds - you are barking up the right tree with the rise of Federal power and authority that came through the 'north' and the subsequent decline of independence with the fall of the 'south'.
The planned and executed period of transition - a particular type of nation building that came through a particular type of entity.
3 dates come to mind immediately following this - 1865, 1870 and 1871 that cemented the deal.
| Reply to spuds - Msg #2726324 - 03/25/2018 17:35|
Re: Trump is a God send could care less if DOW falls -2000 points Tarriffs wa.....if you go back to the days of Lincoln and the birth of the republican party one of the parties tenets was high tariffs.. this being done in order to support the manufacturing economy of the north... by contrast the confederacy supported free trade to a much greater degree..the party was also in favor of what were called 'interior improvements'....huge government subsides were granted to private entities to build the cross continental railroads...some may now call this crony capitalism but it was a melding of federal and private interest....the completion of the railroads benefited everyone but firstly the corporate oligarchs with politcal influence and connections......
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