The Greenbackers' story of Lincoln's defeat of the bankers in 1862 never had any evidence. Neither does her story on their defeat of them in 1863. I challenged here here:
Ellen Brown has conceded defeat on this.
19. International bankers defeated Lincoln in 1863 with the National Bank Act.Point taken. I'll fix that in my next revision.
To fix this, she must expose him for what he was: a tool of the bankers and the Illinois Central Railroad. Will she show the her heroes, Lincoln and his hero Henry Clay, were defenders of central banking and debt money? Of course not, because that would mean abandoning her book's underpinnings.
She promotes Clay's "American system" of high tariffs (sales taxes on imported goods), government-funded improvements (boondoggles), and the central bank, but without the central bank. But it is not possible to remove the central bank from the American system and make it work. Clay understood this. Lincoln understood this. Ellen Brown does not understand this. Neither do her readers, who know as little economic theory and American history as she does.
In 1832, Lincoln made his first entry into politics. That was the year of the battle over the Second Bank of the United States, which Clay had begun, believing that Jackson was politically vulnerable, because of his hatred of the Bank. Here is how Lincoln summarized his politics.
"My policies are short and sweet, like the old woman's dance. I am in favor of a National Bank, I am in favor of the Internal improvement system, and a high protective tariff. These are my sentiments and political principles. If elected I shall be thankful; and if not, it will be all the same."
It is not enough for Ellen Brown to drop her ludicrous claim that Lincoln was defeated by the bankers after 1862. She must make it clear that Clay and Lincoln were both agents of the bankers. They were opponents of Jackson, who fought Clay and defeated the Bank in 1836 -- the first and last year in American history in which the United States government had no debt.
As John Wayne said in The Searchers, "That'll be the day."
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