Nothing new under the American sun

So you think we are presented with unique circumstances and problems? Check out this excerpt from Andrew Jackson's presidential veto of the Bank of The United States renewal in 1832:

Experience should teach us wisdom. Most of the difficulties our Government now encounters and most of the dangers which impend over our Union have sprung from an abandonment of the legitimate objects of Government by our national legislation, and the adoption of such principles as are embodied in this act. Many of our rich men have not been content with equal protection and equal benefits, but have besought us to make them richer by act of Congress. By attempting to gratify their desires we have in the results of our legislation arrayed section against section, interest against interest, and man against man, in a fearful commotion which threatens to shake the foundations of our Union. It is time to pause in our career to review our principles, and if possible revive that devoted patriotism and spirit of compromise which distinguished the sages of the Revolution and the fathers of our Union. If we can not at once, in justice to interests vested under improvident legislation, make our Governmet what it ought to be, we can at least take a stand against all new grants of monopolies and exclusive privileges, against any prostitution of our Government to the advancment of the few at the expense of the many, and in favor of compomise and gradual reform in our code of laws and sytem of politcal economy.

For those who think that government intervention and central-planning beyond Constitutional limits didn't take place from the start, I suggest brushing up on history.

M