Prior to 1913, there was no federal income tax, the states had rights and representation in Washington DC, there was no Federal Reserve Bank and the federal government lived under the enumerated powers afforded it within the US Constitution.
1913 was one of the worst years in American history as the people thereafter became fiscally responsible for the unethical actions of a few in banking and government. the Fed grabbed “supreme powers” and the Federal Reserve became the arm of government that would sink the nation in a mountain of debt.
http://www.freerepublic.com/focus/f-news/2835236/posts
“1913 was one of the worst years in American history ...”
http://www.amazon.com/The-Creature-Jekyll-Island-Federal/dp/0912986212
Indeed! Additionally, that was the time-frame where Senators went from being picked by state legislatures to popular state elections.
KYPD
How depressing.
Thanks.
We really need a “do over” back to about 1910.