Cary and Justin are back, and this time they’ve brought a friend! Matt joins in to discuss Hamilton’s arguments that “no well-informed man” can disagree with. The ever budget conscious Hamilton points out that one strong federal government will be cheaper to manage than any number of small confederacies. The discussion gets briefly side tracked due to the awesome superpowers of the Federal Farmer. When they regroup, the guys wonder if Hamilton was the Nostradamus of his time. Does Hamilton correctly point out some of the regional fault lines that surfaced in the Civil War? Does Hamilton undercut some of the arguments of Jay by suggesting that there are regional differences in the population of American, and that there is a lack of homogeneity? The guys address these questions and more in this episode!!
Cary and Justin continue their new found cooperative tone. Cary discusses how America is standing at a crossroads. On one side is the traditional notion of gold and silver as the sources of money and wealth. On the other is the newly developing idea of wealth produced through economic trade. Hamilton argues the benefits of America working as a trading block. He makes the argument that the Atlantic Ocean provides a great barrier from European nations. But is Europe really as far away as Hamilton suggests? Justin baits Cary into discussing Rouge Island again. Cary discusses smuggling ham among the States at the time. It becomes clear that Justin is woefully unprepared to establish an elaborate ham smuggling syndicate. In the end, Federalist No. 12 is all about taxes. Who doesn’t love taxes?