Join us for our 70th episode, as our guest, Robert Begley, discusses the similarities between Founder Alexander Hamilton and Ayn Rand. Robert gives a clear Call to Action, at the end of our conversation!
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Episode 70 (66 minutes) was recorded at 2200 Central European Time, on June 24, 2023, with Ringr app. Martin did the editing and post-production with the podcast maker, Alitu. The transcript is generated by Alitu.
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Well, good afternoon and good evening, everyone.
Blair:This is another episode of the Secular Foxhole podcast.
Blair:It's actually episode 70.
Blair:And today we're happy to have our friend
Blair:Robert Begley is returned.
Blair:Robert is a certified world class speaking
Blair:coach, Och, who helps executives, entrepreneurs and thought leaders deliver more
Blair:memorable messages.
Blair:He has appeared on national television and
Blair:spoken to an audience to audience acclaim across America, including Duke University
Blair:Freer Future Fest and the Libre Institute.
Blair:He also co hosted The Hero Show, a podcast
Blair:that celebrates heroism.
Blair:And Robert's here today to discuss a recent
Blair:lecture he gave on Alexander Hamilton.
Blair:The similarities between Alexander Hamilton
Blair:and Ein Rand, but it's also a deeper thought or subject.
Blair:Robert, how are you?
Robert:I am fabulous, Blair.
Robert:Thank you and Martin for having me on again.
Robert:This is one of my very favorite topics.
Robert:So let us jump in.
Blair:All right.
Martin:Dive in.
Martin:And I will start Martin here.
Martin:And then not to give out everything because we want the listener to listen to the whole show,
Martin:of course, and reflect.
Martin:But why Hamilton?
Martin:If you pick one of many and then, of course, the challenge to do a comparison with Rand.
Robert:Yes. Well, one of the many things that I'm Rand, influenced me by.
Robert:She has so much respect for America's founders.
Robert:And one statement she makes is that America's founders were something that's somewhat
Robert:unprecedented in history, where they are both thinkers and they're men of action.
Robert:And that always appealed to me because in philosophy, we call this mind and body
Robert:integration and thought and action should be together.
Robert:And the founders, during the Enlightenment era, there was such an upheaval of ideas
Robert:taking place, and this idea of liberty finally was coming to being for the first time in
Robert:history on the scale that had never existed.
Robert:And that always childhood.
Robert:From my own childhood as an American, that always appealed to me.
Robert:On a personal note, it was more the George Washington type of hero that stood head and
Robert:shoulders for me, his leadership style, but the thinker side.
Robert:Okay, like, who are the ones who wrote these documents and these lasting founding
Robert:documents? Declaration of Independence.
Martin:And even under a pen name, we will come back to that, right?
Robert:Yes. What was their stature? And so for me, for much of my adult life,
Robert:thomas Jefferson was the man.
Robert:Declaration of Independence was the document.
Robert:Life, Liberty, and pursuit of happiness to me, is still one of the most long lasting and
Robert:expressive phrases in the English language and probably in world language.
Robert:So Jefferson was a guy for you.
Martin:Even have a paperweight now I interrupt you, Blair.
Robert:Robert, I have a paperweight that I show in my presentation, which I bought in
Robert:Monticello and for the longest period of time.
Robert:And this love of Jefferson was something that
Robert:I felt I bonded with my mother over.
Robert:And Hamilton was the opposite in so many ways,
Robert:he was the opposite of Jefferson.
Robert:So I just had this aversion to who's this guy
Robert:who stands for kind of a strong government and some kind of central banking.
Robert:I don't want the bank to have anything to do with the government.
Robert:I just had this kind of eerie discomfort with Hamilton for much of my life.
Robert:But what happened over time, gentlemen, was that I lived in New York City my whole life,
Robert:and I'd go into Central Park and I'd see a statue of Hamilton.
Robert:I'd go to Columbia University.
Robert:Another statue of Hamilton museum of the City
Robert:of New York.
Robert:Hamilton is right outside that place.
Robert:And then up in what is Hamilton Heights, Harlem, his Grange, which had a fourth statue,
Robert:and not even George Washington has four singular statues in Manhattan I can't even
Robert:call New York City.
Robert:So I thought, I have to read about this guy.
Robert:I need to look at him, his personality, his character, his impact.
Robert:And it jumped out of me that, wow, I got this guy wrong.
Robert:And then the other thing that jumps out of me is the heroism of all of the Founders.
Robert:Nobody traveled a farther distance to become self made.
Robert:I mean, he's born in the Caribbean, in this dirt poor island where slavery is rampant and
Robert:no one wants to during the global wars that are happening at this point in the mid 17
Robert:hundreds, between France and Britain and the Dutch and the Spanish, the Caribbean was
Robert:incredibly important because of the sugar and molasses and different products coming out of
Robert:there.
Robert:And this is what Hamilton was born into, this
Robert:kind of background.
Robert:And he literally writes his way off the
Robert:island.
Robert:He describes a hurricane with such beauty when
Robert:he's aged like 1415 years old, and they send him to the mainland America to study.
Robert:And so it's the proverbial foreigner comes to America before it's even really America, and
Robert:then rises to the top of society by merit.
Robert:Okay, purely by merit.
Robert:Not because he knew people, but it was ability to come in and carve out his own destiny and
Robert:become what we call self made.
Robert:So that was, like, one of the major things
Robert:that shifted my thinking about Hamilton is that what kind of self made man he was that
Robert:always jumped out at me.
Robert:I tailor my life trying to be self made, and
Robert:I'm like, what this guy did when he's 15, I still haven't done yet.
Robert:So those were some of the things.
Robert:But if we want to transition to specific
Robert:topics so slavery and racism, this is something that he was completely different
Robert:from several of the Founders on constitutionalism.
Robert:He fought with the Founders with several Founders on business and finance,
Robert:industrialism and foreign policy.
Robert:Now, any criticism I give of the founders has
Robert:to be with this context.
Robert:They were all needed to create the United
Robert:States of America and united in the the first place where they were united was in opposition
Robert:to Britain.
Robert:The tyranny that Britain was imposing on the
Robert:13 colonies.
Robert:And everyone will always, in my mind and my
Robert:heart, will always have a special place.
Robert:But whereas I totally admired Jefferson early
Robert:on in my life, I came to see a lot of differences.
Robert:My evaluations of him has definitely gone down over the years, and it's for largely these
Robert:different topics constitutionalism slavery and racism, business, finance, industrialism and
Robert:foreign policy.
Robert:And here's where I look at Hamilton and I say,
Robert:iRant is in favor of all of these things in the 20th century.
Robert:I don't think anyone any thinker has been as strong and consistent an advocate of those
Robert:topics as I, Rand.
Robert:So I thought, let me do a compare and contrast
Robert:between Rand and of all of the founders I single out Hamilton.
Blair:Yeah, I have to say, I traveled a similar journey.
Blair:I was a big Jefferson fan for a long time.
Blair:And then I started reading about the others
Blair:and sort of soured on Jefferson some.
Blair:And then James Madison has taken the mantle
Blair:for me.
Blair:Okay.
Blair:But also seriously in the last year because there's so much about Hamilton out that I
Blair:started delving into him.
Blair:And then your speech came along to the local
Blair:group here and I had to see that.
Blair:So thank you for opening the door even further
Blair:on Hamilton.
Robert:Sure thing.
Robert:Well, if we could go to Hamilton and Madison
Robert:when Madison was young, he was very close to Hamilton in writing The Federalist Papers.
Robert:If we jump into where the two of them were most successful as a pair was when after the
Robert:Revolutionary War was over and America won, the question became, okay, now that we
Robert:defeated the British, what kind of country will we have?
Robert:And they had this agreement called the Articles of Confederation, which was this
Robert:loosely based concept that the states are still free and independent, which is what the
Robert:Declaration says 13 free and independent states.
Robert:But both Madison and Hamilton realized that, no, we need to connect the state.
Robert:We need to unite the states.
Robert:And by having a constitution that will make it
Robert:the law of the land, by having checks and balances, this will prevent there being one
Robert:part of government that dominates over other parts of governments and more importantly,
Robert:does not dominate the citizens lives.
Robert:James Madison was incredibly important at this
Robert:time while Jefferson was away in Europe, jefferson and John Adams, who was stellar
Robert:during the Declaration of Independence era, they were both away when the Constitution was
Robert:being written.
Robert:And this was largely Madison and Hamilton
Robert:working together because not only after the Constitution was written, it needed to be
Robert:ratified.
Robert:And between New York and Virginia, there was
Robert:opposition in both states.
Robert:Patrick Camry was largely against it, and he
Robert:was a much better he was a more towering figure than James Madison.
Robert:And in New York.
Robert:So that was Virginia.
Robert:And in New York, Clinton was the governor and he was very powerful, and he was against the
Robert:constitution.
Robert:So Hamilton came up with this idea of writing
Robert:these Federalist papers, which totaled 85 of them by the time it was done.
Robert:And the guys to know what the importance of writing these papers?
Robert:85 papers, which they did in about six months while both men were lawyers feeding their
Robert:families like running off law practices.
Robert:But they would knock out these papers and they
Robert:each specialized with different subjects, but written as Martin, alluded to not under their
Robert:name.
Robert:They used the name public.
Robert:Yes, publius.
Robert:And because they wanted the words to stand on
Robert:their own, they wanted the reader to be objective and not say, oh, this guy Hamilton
Robert:wrote that.
Robert:I can't stand him, and just dismiss it without
Robert:even reading.
Robert:But it's interesting.
Robert:Historians can tell one difference between the writing styles of Hamilton and Madison.
Robert:Madison would use the term wild, W-H-I-L-S-T which is more of a current British expression.
Robert:And Hamilton would use wild while and that was one of the ways that they figured out who was
Robert:the author, because there was discrepancy afterwards, because the promise was not to
Robert:publish, not to say not to identify the authors.
Robert:And so Madison, for me, I definitely agree with you on his import.
Robert:Certainly during the Constitutional Convention, he took the notes.
Robert:He was the major notetaker.
Robert:He summarized a lot of the material.
Robert:And to me, as a Hamiltonian, I say that was my favorite era in Madison's life.
Robert:Some of the differences in fact, I think in all of the other topics that I want to bring
Robert:up, there are differences there.
Robert:But if we bring in I'm Rand now, on
Robert:constitution, one of my absolute favorite quotations from Rand is about, if a drought
Robert:strikes them, animals perish.
Robert:But man builds irrigation canals, and if a
Robert:flood strikes them, animals perish.
Robert:Man builds dams.
Robert:If a carnivorous pack attacks them, animals perish.
Robert:Man writes the Constitution of the United States.
Robert:Wow, I get goosebumps just repeating that.
Robert:How precise is that?
Robert:If we go to current day, can we agree we're being attacked by a carnivorous pack,
Robert:particularly over these last few years, and the constitution is our only salvation in the
Robert:United States, and I think even Martin over in Europe and Sweden, they could use a taste of
Robert:this.
Robert:If they had a taste of the US.
Robert:Constitution in its original form, they'd be better off.
Blair:I agree.
Blair:But let me just question you on that quote
Blair:from Rand, wasn't it? She said, the Declaration, not the
Blair:constitution.
Blair:I could be wrong.
Robert:No, I'm sorry, you are wrong.
Robert:What Rand says about the Declaration, that's a
Robert:different thing.
Robert:She says men should kneel.
Robert:If ever men should kneel, it would be in the presence of the Declaration of Independence.
Robert:Yes, true.
Robert:Which she does call the greatest political
Robert:document ever written.
Robert:Okay, so let's do a contrast.
Robert:The declaration is the and I would agree with her in one sense, that of the importance of
Robert:this.
Robert:You needed this to get the country off the
Robert:ground.
Robert:The interesting thing is, at the time that it
Robert:was written, it was simply a declaration.
Robert:It wasn't a document for the ages because so
Robert:many of those ideas were baked into the culture.
Robert:And nobody john Adams thought it was average.
Robert:He didn't think it was this towering document.
Robert:We all properly think it is today, but that doesn't tell you tells you the purpose of
Robert:government, but it doesn't tell you this is the law of the land.
Robert:That is what the Constitution is.
Robert:And that's why America didn't really exist.
Robert:It was not yet united until the Constitution itself was ratified, because that is what lays
Robert:out the law of the land.
Robert:And the Federalist Papers, just coming back to
Robert:that, is all the checks and balances of describing what the different parts of
Robert:government would be and what their functions are.
Robert:But Rand admired both.
Robert:In fact, I'll say this, she actually had
Robert:problems with the Constitution properly.
Robert:Sure.
Robert:Yeah.
Robert:They wanted to get if we can move them now,
Robert:kind of backtrack to the slavery issue.
Robert:Hamilton was against slavery.
Robert:He started the New York Manumission Society, 1785, and he wanted to eradicate it.
Robert:Eventually was in New York.
Robert:But I think if we look at history, it was too
Robert:soon for slavery to be eradicated.
Robert:It was kind of an either or.
Robert:Either we start a brand new country, which has never been done of this type in human history,
Robert:and we deal with the issue of slavery as soon as we can, or we're at a stalemate over
Robert:slavery, and we're not going to have this Constitution because the Southern states, they
Robert:were not budging on that.
Robert:And this is where Hamilton agreed it's more
Robert:important to start the ball rolling.
Robert:And if I could give a plug for Brad Thompson,
Robert:brad's book on the revolutionary thinkers.
Robert:He makes his ball statement.
Robert:Before the two American documents, 1776 and 1787, slavery existed everywhere on the globe
Robert:throughout history.
Robert:Those documents did more to eradicate slavery
Robert:than anything else.
Robert:And so, again, I'm going back to although I'm
Robert:going to criticize certain founders for certain things.
Robert:Whoever got both of those documents, kudos to the sky.
Blair:Sure. Now, I think, again, as far as the issue of slavery, I think the founders
Blair:thought it was more important to establish the political concept of individual rights that
Blair:had never been heard of before.
Blair:So you have to get that started, and then you
Blair:deal with the slavery issue.
Blair:Unfortunately, it took, what, 70 more years or
Blair:60 more years for that to happen.
Robert:Hamilton predicted he saw this, he saw that issue.
Robert:Hamilton predicted that at some point there will be a civil war and it would be the
Robert:Northern industrial Hamiltonian north, free north that would defeat the south.
Robert:But he said it would come at a steep price, which we still in America are suffering that
Robert:price to this day in a lot of the issues that we have, sadly, mostly that revolve around
Robert:race and slavery.
Robert:But the thing is, we have to be realistic.
Robert:How can you expect some group of men to eradicate an age old institution that has been
Robert:around forever, and now they're going to start a brand new country and eradicate slave at the
Robert:same time? I think it's too much to ask for.
Robert:So, yes, I dare any other country to do what America did.
Robert:Right.
Robert:I'll just put it and sadly, if we go to
Robert:education, particularly the backwards indoctrination that happens in America, you
Robert:would think America invented slavery.
Robert:It didn't exist even before, right?
Blair:Yes.
Robert:Built on slavery.
Robert:Well, guess what?
Robert:Brazil imported ten times the amount of slaves than America, so they should be ten times
Robert:richer.
Robert:Right?
Robert:If we go with that logic, if America was built on slavery, but not so.
Robert:In fact, if you want that's a perfect segue to the next topic.
Robert:Next Hamiltonian topic, which is industrialism, because Brazil never had the
Robert:industrialism, and only Britain had industrialism on a scale.
Robert:They opened the door for America with this idea of industrialism.
Robert:And there's a place called Patterson, New Jersey, probably from where you are, Blair,
Robert:maybe 90 minutes drive.
Robert:It's about 15 miles west of New York City.
Robert:And Hamilton, there's this great 75 foot waterfall there.
Robert:Here's the reason why I love this man so much.
Robert:They're fighting the Revolutionary War.
Robert:America is on the run.
Robert:The Washington, Lafayette Hamilton.
Robert:They're camped out in this place.
Robert:The British have already taken over New York
Robert:City, and they're taking a break, and they see this waterfall.
Robert:And Hamilton points to it.
Robert:He says, after we win this war, we have to
Robert:harness that power.
Robert:Just what kind of vision is that if you're a
Robert:betting man, okay, and you say, what are the ODS of America?
Robert:First of all, winning this war, it's like 99 to one odds.
Robert:Then turning around and building, making an industrial center when most of the founders
Robert:are agrarians.
Robert:And these free farmers, and they don't like
Robert:industrialism, they don't like banking, which will be the next topic we'll cover.
Robert:And Hamilton is envisioning this.
Robert:He's like, we have to harness this power.
Robert:We have to exploit the Earth for all of its resources and build it to our comfort so we
Robert:could have this incredible standard of living.
Robert:And there's a beautiful plaque in Pasaic
Robert:Falls, and it says, alexander Hamilton envisioned this great potential power of these
Robert:scenic falls for industrial development.
Robert:And again, he differs from the other founders
Robert:on this because they were more thinking.
Robert:Most were southerners who had this agrarian
Robert:feudal lifestyle that they largely wanted to preserve.
Robert:And even the northerners, even like John Adams and the New Englanders, they were somewhat
Robert:mixed on industrialism.
Robert:They didn't envision the way Hamilton did.
Robert:And now, if we tie this into iront, who is a greater proponent of the Industrial Revolution
Robert:as a writer, as a thinker, than I'm read.
Robert:She just glorifies it in her novels and in her
Robert:nonfiction, Capitalism the Unknown Ideal.
Robert:And she has an article, The Anti Industrial
Robert:Revolution, where she shows the damages that come out of living in an anti industrial
Robert:society.
Blair:Yeah.
Martin:Yes.
Blair:Similarities are very striking.
Blair:I'll tell you what about now.
Blair:Let's go back and touch on the self made aspect of the young Hamilton.
Blair:It was very young, as you said, I guess he was self taught, but he wrote that letter that
Blair:other people just recognized and said, well, he's not going to learn anything here, we
Blair:should send him to the colonies.
Robert:Yes. Self taught.
Robert:Yeah. I would say when his mother died, so his
Robert:father left, his father abandoned him and his younger brother when he was ten years old.
Robert:And then a couple of years later, his mother, both him and his mother got sick.
Robert:They're puking up a storm.
Robert:He falls asleep and wakes up and she's lying
Robert:in bed dead next to him.
Robert:Yeah.
Robert:Then he moves in with his cousin.
Robert:The cousin commits suicide.
Robert:I mean, all this is in the Hamilton musical.
Robert:It's all covered in the opening song.
Robert:I credit Lin Manuel Miranda for synopsising the man's 1st 20 years in an excellent five
Robert:minute piece.
Robert:But when his mother dies, she leaves him these
Robert:books.
Robert:Alexander Pope livies the lives of Plutarch
Robert:and Hamilton's reading about these heroes.
Robert:And he just has this glorious vision.
Robert:And he wanted to be kind of like an Achilles, to lead this glorious but short life, to die
Robert:on the battlefield, to make a name for himself.
Robert:In doing this, he wished there was a war.
Robert:That was like his statement to his best
Robert:friend, I wish there was a war when he's like twelve years old.
Robert:And so the confluence of events with him coming to the United States and then he
Robert:studied.
Robert:So he wanted to go to what would be called
Robert:Princeton University.
Robert:He wanted to do a rapid, like, two year
Robert:course, cover everything briefly.
Robert:And Aaron Burr, his nemesis, was at school at
Robert:the time, and they said, no, you can't go that fast.
Robert:And James Madison, too.
Robert:So he got turned down from Princeton and went
Robert:to King's College, which is now known as Columbia University.
Robert:And Hamilton and John J. Were the ones who renamed it after America won the war.
Robert:They took out a lot of the regal names of streets and institutions.
Robert:But at King's College, he was excellent student, loved to write.
Robert:He was writing pamphlets when he's like 1516 years old, during the revolutionary era, and
Robert:long documents, going again back to writing them anonymously.
Robert:And at one point they found out, they're like, it's a collegiant, this guy is he's in
Robert:college? And when the war broke out, they closed King's
Robert:College.
Robert:And Hamilton was a captain of a unit.
Robert:He was drilling the militia and so, yeah, these are all self made elements.
Robert:Player this is like I'm thinking, again, I'm using myself as a contrast, and I'm like, Man,
Robert:I'm sorry, I want to shine this guy's shoes, but I'm not the self made type that he is.
Robert:And if we go, even if we think of Iranda, what she experienced in her youth with the Russian
Robert:Revolution, the upheaval there and that she survived that and then wrote her way, the both
Robert:of them kind of wrote their way out of this real, depressing, disgusting early years of
Robert:their lives misery.
Robert:And they just had this global this global
Robert:vision, this heroic vision of what life could be.
Robert:So I think that's about enough on the self made aspect that I can.
Blair:Okay, let's touch on his tenure as George Washington's aide.
Blair:Camp yeah, he was brilliant.
Blair:Strategist I believe I read.
Robert:Yes, he was in fact Hamilton.
Robert:So all he did, he butted heads with Washington
Robert:because he wanted to fight, not write.
Robert:That's kind of the way he wanted to be on the
Robert:battlefield.
Robert:And Washington is like, no, you are way too
Robert:important.
Robert:He could think the way Washington could think,
Robert:and he could write letters, dozens of letters every week asking for supplies.
Robert:And Hamilton came up with this idea because Washington fought for the British military and
Robert:they had this old world form of fighting where you line up on each side, both sides line up,
Robert:they count down, and then they shoot at each other and the soldiers die.
Robert:And all the generals are off limits because they're going to have tea parties during the
Robert:winter when you don't fight.
Robert:So it was like a completely different type of
Robert:battle.
Robert:And the French on the American continent, the
Robert:French and English had done this for 150 years, the final one being the French and
Robert:Indian War, 1760.
Robert:Like, I think 59 to 64 was that war.
Robert:And Washington fought during that war.
Robert:And Hamilton said, no, we need something
Robert:different.
Robert:Instead of taking them head on, we would get
Robert:slaughtered because they outman us.
Robert:They outgun us and they out think us.
Robert:So what we need to do is take advantage of the terrain.
Robert:We need to pick them off.
Robert:We need to have what is kind of today called
Robert:guerrilla warfare and fight long enough to bankrupt them, to bankrupt the British bank,
Robert:the bank of England, which is funding this war.
Robert:And then also where even the English would say, you know, why are we still fighting that
Robert:war across the Atlantic Ocean? We got our own problems over here.
Robert:And that's precisely what ended up happening.
Robert:So that was one of Hamilton's strategies that
Robert:he persuaded Washington about.
Robert:He wasn't the only one.
Robert:But that wasn't Washington's initial plan.
Robert:His initial plan was fighting a European war,
Robert:European style, and Hamilton persuaded him otherwise.
Blair:Okay, yes.
Blair:Now, I agree with Hamilton again about because
Blair:of the debt situation, a bank should be formed what can you say about that?
Robert:Yeah. So let's set the context here that America wins the war and they are
Robert:bankrupt.
Robert:And the 13 colonies, there are border
Robert:disputes.
Robert:There are currency disputes.
Robert:Some states will take the Continental, which was this printed worthless currency, and other
Robert:states would not.
Robert:And this is again where Hamilton realized we
Robert:need to unite these states and we need a central currency where everyone agrees.
Robert:And guess what? That currency needs to be backed by precious
Robert:metals, by gold and silver.
Robert:Even argued with Benjamin Franklin, who was a
Robert:printer and kind of wanted to print money to deal with this issue.
Robert:But also Jefferson and others were like, we have a new country.
Robert:We forget about the debt.
Robert:Let's just start all over.
Robert:The debt was so high to European nations and to people like Robert Morris, wealthy
Robert:businessman who had financed the war.
Robert:And Hamilton said, first of all, morally, we
Robert:need to pay off the debt, okay? There's a moral obligation and there's a
Robert:sanctity in contracts.
Robert:That's one thing.
Robert:And then secondly, financially, if we pay the debt, we will establish our credit with the
Robert:rest of the world.
Robert:And because we uphold individual rights and
Robert:freedom, we will leapfrog over these countries because we have these incredible resources
Robert:here in the colonies that if we go with my industrial system, we are going to surpass
Robert:these countries within a couple of decades.
Robert:A lot of people knew that.
Robert:They actually knew that.
Robert:Some Europeans feared that America would
Robert:leapfrog over them.
Robert:And Spain in particular, they were really
Robert:jealous of the rapid ascent.
Robert:So several of the founders just wanted to
Robert:forget the debt.
Robert:They were like, no, let's just wash our hands
Robert:and startle over.
Robert:So Hamilton had to persuade them that and he
Robert:comes up with this idea of the bank of the United States, which was a privately run bank,
Robert:but it was chartered to exist for 20 years for the purpose of paying off the debt, and then
Robert:it would dissolve after that.
Robert:Servicing the debt is the banking term.
Robert:And he fought.
Robert:He fought with Madison, he fought with
Robert:Jefferson.
Robert:And this is where it gets a little bit blurry,
Robert:particularly whether it's objectivists or libertarians.
Robert:They want a sharp line divided between state and economics, and there should not be one
Robert:inch of crossover.
Robert:But I've talked a lot with my good friend
Robert:Richard Salzman about this, and we think it's impossible.
Robert:I can't call it a good theory.
Robert:That doesn't work in practice.
Robert:I don't even think it's not possible.
Robert:Even in theory.
Robert:The two overlap.
Robert:It's called political economy.
Robert:And there is an overlap there.
Robert:And Hamilton's idea was we have this bank, we
Robert:service the debt, we get the country off the ground, and in 20 years it dissolves precisely
Robert:what ended up happening.
Robert:But before then, there are just two other
Robert:quick things here, Blair.
Robert:Before then, the first bank was called the
Robert:bank of Philadelphia, which robert Morris, the America's first wealthy banker and
Robert:businessman, who, as I said, funded the he largely funded the 90% of bullets that were
Robert:shot during the war came from the bank account of Robert Morris.
Robert:In a few senses, he was kind of like Hamilton's forefather in coming over from
Robert:Britain and becoming incredibly successful and wealthy.
Robert:So he had the same idea of having this bank and funding the debt and then dissolving.
Robert:And in fact, Washington went to morris was the superintendent during the war.
Robert:He was the Superintendent of finance.
Robert:And he got tarred and feathered, almost
Robert:literally.
Robert:In fact, Ben Franklin said, be prepared.
Robert:Every blood sucker is going to come and call you names that you wouldn't believe, which is
Robert:what happened to Morris.
Robert:So when George Washington approached him and
Robert:said, can you be the Secretary of treasury to run our finances?
Robert:Morris said, no, thank you.
Robert:But you have a guy on your own staff who could
Robert:do it.
Robert:That's Alexander Hamilton.
Robert:So another thing, Blair and Martin during the war, hamilton is lugging around these massive
Robert:volumes of economics books.
Robert:Okay?
Blair:Really?
Robert:Yeah. And he's reading them and he's corresponding with Morris.
Robert:And one of the things was this famous expression, a debt is a blessing, if not
Robert:excessive.
Robert:That's the main clause there.
Robert:And the idea of credit and debt was not really understood back then.
Robert:The idea of credit meant you lend money and you will get paid.
Robert:So you're making money kind of work for itself and your reputation is what allows, you know,
Robert:is what allows this credit to be something valuable.
Robert:But a lot of people were old fashioned and they didn't understand this concept, and they
Robert:just thought money and banks were swindlers and all they did was move other people's money
Robert:around.
Robert:We could see in the 220, 30 years we haven't
Robert:advanced that far because that's still kind of the perception of banks today.
Robert:But also Hamilton himself founded the bank of New York 1784, which got New York itself.
Robert:It was burned out after seven years of fighting during it was British occupied it and
Robert:it was kind of their headquarters.
Robert:And it was all burned out after the war.
Robert:So Hamilton started bank of New York, which got the city itself off the ground.
Robert:It was actually the first capital of the country as a result.
Robert:So he had a lot of experience, but he had to explain to the Madisons and the Jeffersons who
Robert:said, no, there's nothing in the Constitution that says you could charter a bank.
Robert:That's not the purpose of government here.
Robert:And what is the purpose of government?
Robert:That's a that's a broader you know, that's a broader category.
Robert:Is it something so if if we want to I want to go back to a term that what Hamilton calls
Robert:energetic government.
Robert:And this is why libertarians in particular
Robert:hate him and I think objectivists who don't like him buy into the libertarian argument,
Robert:which is.
Robert:That government.
Robert:It should only do a few things and nothing else.
Robert:And that part I agree with.
Robert:But when Hamilton says energetic, meaning,
Robert:yes, we need a police force, yes, we need a military, and we'll cover that.
Robert:He founded the Coast Guard and wanted a military at West Point.
Robert:That was his conception and objective laws.
Robert:He was a lawyer.
Robert:He wrote this in.
Robert:And he wanted sanctity of contract.
Robert:All of these things that I ran herself in her political philosophy.
Robert:Advocates follow up there.
Blair:No, I was just agreeing with you.
Martin:Go ahead.
Blair:Sorry.
Robert:Okay. Yeah. So just wrapping up with the bank.
Robert:So it does what Hamilton wanted it to do and then he dies.
Robert:He gets killed.
Robert:18 four in the duel with Aaron Burr.
Robert:And then 1812 rolls around and America and Britain are at war again and they have no
Robert:money to fund this war.
Robert:So Madison and Jefferson jefferson is the
Robert:president.
Robert:No, I'm sorry.
Robert:Jefferson handed it over to Madison at this time.
Robert:And they're like, even though Hamilton is dead, his idea of having a bank, we need a
Robert:bank.
Robert:So they founded the Second National Bank and
Robert:it financed the war.
Robert:And so precisely the reason that Hamilton
Robert:wanted it came to fruition to the arch opponents of his idea of having this bank.
Robert:And so I think that's a short case that could I would yield now to my friend Richard Salzman
Robert:on anything deeper on this idea.
Robert:But the thing to keep in mind, privately run,
Robert:gold backed so this idea that Hamilton's National Bank was a precursor to the today
Robert:central bank and Federal Reserve, that is as opposite as can be.
Robert:The two have nothing to do in common except they both have the word government in it.
Robert:I don't buy that case.
Martin:Robert, I have a commentary, you said about the Spanish.
Martin:He also discussed about how we should set up monetary regarding if it would be like
Martin:decimals or tens or whatever, or in these eight pieces, the Spanish.
Martin:So that was funny when he mentioned the Spanish were afraid of it.
Martin:And then also as interesting in coin collecting and so on and silverstacker, you
Martin:could say, have you seen coins that he have minted, in a way, or come up with this idea of
Martin:a mint?
Robert:It's interesting, Martin, that you bring that up.
Robert:Actually, that was Jefferson's.
Robert:Jefferson's.
Robert:So they both served.
Robert:Jefferson was Secretary of treasury.
Robert:And while Hamilton was Secretary no, I'm sorry, jefferson was Secretary of State while
Robert:Hamilton was Secretary of treasury.
Robert:And so it was actually Jefferson's job to mint
Robert:the coins.
Robert:And Hamilton wrote about it and praised
Robert:Jefferson for his ideas, his design of the coins.
Robert:There was definitely some overlap, but he wanted Americans on it.
Robert:Hamilton did not want royalty, which was on all coins, all currency before America.
Robert:Pretty much it was royalty, I think every country.
Robert:And if we look at denominations of American currency, hamilton was on more different
Robert:currencies.
Robert:I have a picture in my presentation showing
Robert:all the different kinds of currencies that he was on the face of.
Robert:And of course this reminds me if we go to Ein Rand herself, one of my absolute favorite
Robert:articles called The Money Making Personality.
Robert:And she says wealth is a product of human
Robert:intellect.
Robert:And again, this is Hamiltonian because he saw
Robert:industrialism comes from the mind, okay, it's taking natural resources that stood under the
Robert:natives bare feet forever.
Robert:And he's like, no, we need to utilize this by
Robert:thinking and by using our thought and labor and putting it to use.
Robert:So again, here's the parallel I see between Rand and Hamilton.
Robert:And if we look at Wall Street, wall street was born out of Hamilton's idea of having a stock
Robert:exchange and allowing traders to speculate on money and make your money work for you.
Robert:And of course, there's a famous picture of Iron Rand standing on Wall Street and you can
Robert:see the statue of George Washington in the background.
Robert:And Hamilton, who was effectively the founder of Wall Street, was died and is now buried on
Robert:Wall Street at Trinity Church.
Robert:So I think it's a bit of there's another
Robert:overlap there between the two of them.
Robert:So between Iron's money making personality and
Robert:Hamilton's total pro business, pro finance approach, there's overlap there that I can't
Robert:say there is with another founder in America's founding era.
Martin:Okay, Robert, I will do before I continue and then also wrap up about I mean,
Martin:this is so it's historical, but you really hear back of a history here what's going on in
Martin:the world today, especially foreign policy.
Martin:But I wanted to have a call to action here
Martin:middle and then also on a good note, so I would envision that Alexander Hamilton, if he
Martin:would see like Bitcoin and trade and forex trading and others and he could really support
Martin:that.
Martin:So I will say if you like this value and this
Martin:conversation so far, you could send digital telegram a boostogram and send Satushis, for
Martin:example, with a symbolic number like 1776 around I think one $2 in fiat currency at
Martin:today's date.
Martin:So really interesting to hear with Robert.
Martin:And yeah, we have his foreign policy and military academy left.
Martin:And then, of course, Blair, if you have something but I wanted to put that in because
Martin:it's so interesting with fascinating with the history and ideas in action and what he did in
Martin:a short time period because he didn't live for so long.
Martin:He was a so called like this gentleman to be in duel and ending that too soon.
Martin:So that's in a way sad.
Martin:But yeah.
Martin:So please continue.
Martin:And blair.
Martin:And okay.
Robert:Blair.
Robert:I'm sorry.
Blair:No, go ahead.
Robert:A couple of quick things that Martin said.
Robert:First of all, call to action, please support this program, Secular Foxholes.
Robert:It is awesome work that the two of you are doing.
Robert:I gather it cost maybe a bitcoin, I don't know, put some of my money where my mouth is
Robert:and have you get more resources and preferably more reach with the good work that you're
Robert:doing.
Robert:But we come back to this Bitcoin.
Robert:What hamilton thing? One thing I forgot to say was so when he's a
Robert:kid in the Caribbean, he works for this import export company, Beekman and Kruger.
Robert:In downtown New York, there's a famous street, Beekman, which I'd always whenever I go there
Robert:as a kid, I would like that word, but I didn't know this was the guy who had the import
Robert:export company.
Robert:And they would leave Hamilton for six months
Robert:at a time.
Robert:They would leave this 1314 year old kid for
Robert:six months at a time running while they go to the colonies.
Robert:He's running the business and he's cursing out older men who come in with cattle that are
Robert:like bone, they're like bony and they're ready to die.
Robert:And he's like, compounder what you've just done, this mistake you've just made, and he'd
Robert:fatten them up by giving them a lot of water and then trade them up, the value of them.
Robert:But one thing if we go to currency so in his head, he had to calculate the exchange rates
Robert:of Spanish ducats and Dutch.
Robert:I should know, Florence.
Robert:I think he had to make these calculations in his head.
Robert:So international currency, what you're talking about here, Martin, is this is what Hamilton
Robert:is doing, age 13, 1415.
Robert:And again, when it came time for United States
Robert:and Secretary of treasury, he wanted to unite all of those things.
Robert:Now, my last thing on Bitcoin is that I should know more about it by now, which I am
Robert:ignorant, more ignorant than I'd like to be.
Robert:But I guess my one question is in Hamilton's
Robert:idea of currency, it is backed by something.
Robert:And that's the part that I tend to be.
Robert:If you can explain this to me, I'm open to persuasion.
Robert:I mean, I see the value of it because people are using it and the value goes up and down.
Robert:But in Hamilton's mind, the currency must be backed by something tangible and objective.
Robert:That's where I can't say 100%.
Robert:I can't speak to that.
Robert:But then again, I'm not that knowledgeable.
Robert:Either way, we'll link you that in.
Martin:Show notes when we had the guest dave, Wexler, about explaining about Bitcoin.
Robert:Okay? Yeah, I know.
Robert:Dave yes.
Martin:So thanks again for that because we haven't been fought about that and we say we
Martin:are newbies also, but to get that AHA moment and then, of course, think about it and learn
Martin:from the history.
Martin:So, yeah, please continue.
Martin:And thanks for that note.
Robert:Sure.
Blair:Blair you have all right, well, thank you.
Blair:One thing I'll quickly say about Bitcoin is I think the most attractive aspect about Bitcoin
Blair:is it's a decentralized currency.
Blair:It's a peer to peer, one person to another
Blair:without government interference.
Blair:And I think I have the originators some of his
Blair:crucial documents that he published, but I haven't gotten to them.
Blair:I'm slowly reading through a compilation.
Robert:There.
Martin:You have a good connection, Blair, and you will continue because think if we would
Martin:read what they read wrote in these federalist papers and so on and get it the same thing as
Martin:Satushi when you see that document or get it explained for somebody who knows a bit more
Martin:and explain it for a layman and you get it.
Martin:That's the AHA moment.
Martin:Same thing when you're reading rant's work and as you have done here, Robert, I mean, it's
Martin:amazing to compare and contrast it and then do it in a nice presentation, including that
Martin:you're in train of thought and we are interrupting you whole time.
Martin:But of course, it's our show.
Robert:One topic, gentlemen, that there's dispute about it.
Robert:I totally agree with Blair.
Robert:If I could just add one other thing.
Robert:So there are two reasons for my caller mistake.
Robert:I have not gotten involved with bitcoin.
Robert:One was not backed by something concrete.
Robert:And two, I totally love the idea of decentralized.
Robert:Decentralization.
Robert:My fear is the government's going to find a
Robert:way to come in and shut this damn thing down because that's all they do, is destroy
Robert:everything they touch.
Robert:So I have stayed away while this value has
Robert:gone up and up and up and up.
Robert:That's my short history of bitcoin and what I
Robert:like about it and what I'm not sure about it and why I did.
Martin:And thanks again and for the green room.
Martin:You gave an offer there how to present it in a good way, to ask about how to support work,
Martin:but also to present it so you could say the fellow individual listener understands it.
Martin:And there you have your skills and expertise with leopard and others to do that.
Martin:So that got me thinking it has to explain in a good way.
Martin:Yeah.
Martin:So I really have been thinking of it myself
Martin:and Robert Blair was introducing me to, for example, services like Swan, Bitcoin and
Martin:others, that you could do it in in a safe way and and so it's a development.
Martin:So again, you have to get it and then grasp it and then apply it.
Blair:All right, Robert, we're approaching an hour and there's just a few more things you
Blair:say in your notes.
Blair:You have book comma myth about Alexander
Blair:Hamilton, question mark.
Robert:Oh, boy.
Robert:There's one book.
Robert:Yeah.
Robert:What is it, the myth?
Martin:It's my comment during the presentation.
Martin:You have these myths about Alexander Hamilton and you took out of your bookshelf book that
Martin:explained all these different myths.
Robert:Yeah. So one of the things about Hamilton was because he was an outsider and
Robert:here's again with Rand, here are so many parallels with Rand.
Robert:He was always the smartest guy in the room and he was brash and I'm Rand, check and check.
Robert:Okay.
Robert:As far as Rand goes, they were very
Robert:Domineering persuasive or aimed to be persuasive.
Robert:And this rubbed people the wrong way in many cases.
Robert:And because Hamilton's life was cut short, died age 47 in 18 four, and his enemies
Robert:outlived him by 20 to something 28, the two most prominent being John Adams and Thomas
Robert:Jefferson, who both died July 4, 1826.
Robert:And they had a chance to kind of rewrite the
Robert:history and say these things about Hamilton.
Robert:And I've seen the same thing with Iron Rand.
Robert:If someone says, Well, I was in a room with Iron and she said, A, B, and C, we have no way
Robert:to verify that.
Robert:A lot of this in the book about the myths of
Robert:Hamilton is the author goes through that, all of these things, and he debunks so many of
Robert:these myths about him.
Robert:And that's kind of one of the problems.
Robert:And that's where I appreciate the work that Ron Chernow did.
Robert:First of all, Hamilton's wife outlived him by 50 years.
Robert:And she saw his stature, his legacy being twisted by a lot of these opponents of his.
Robert:And again, rewriting history and making it all about only the Declaration and not about the
Robert:Constitution.
Robert:This definitely had an impact in his life of
Robert:what did he do? What did he not do?
Robert:Alexander Hamilton and The Persistence of Myth is the name of the book which, as I said, I
Robert:highly recommend.
Robert:I met the author, Stephen Knott, and chatted
Robert:with him about I wish this book came out on audio.
Robert:That's what I asked him.
Robert:Because I love audiobooks.
Robert:I read it.
Martin:You're reading my mind now, Robert.
Martin:And I like audiobooks also because the time
Martin:and you could do the same thing with podcasting.
Martin:But I understand the value of reading a hardcover book.
Martin:And I've written a blog post about that with Tim Sanders that talked about love cat and how
Martin:your library.
Martin:So when I saw your library, I could definitely
Martin:say, oh, Robert, he knows the thing to have a library.
Martin:But do you have any tip of that? The Federalist Paper like Audible and
Martin:audiobooks.
Robert:Yes, I have papers.
Robert:And Carrie Ann and I, the first thing we wrote
Robert:for the objective standard was a celebration of the Federalist Papers.
Robert:When I used to write regularly for the Objective Standards, it would always be kind
Robert:of like on this day in history.
Robert:And one was on the celebration.
Robert:October 1787, I think was The Federalist number one written by Hamilton.
Robert:But, yeah.
Robert:So I think between the two of them, their
Robert:legacies were diminished.
Robert:Their impact was diminished partially because
Robert:they had very strong characters that didn't mind clashing.
Robert:I ran with the conservatives in the 1940s, particularly some of whom could have been her
Robert:defenders, maybe Von Mises and Henry Haslett.
Robert:On the economic side, there were no
Robert:philosophers in her lifetime who were really prominent philosophers who were with her.
Robert:And Hamilton had the same thing, the same pattern, where he clashed with all the
Robert:Virginians except for George Washington, and he persuaded Washington over time to free his
Robert:slaves.
Robert:Okay, here's the impact of Hamilton where none
Robert:of the Virginians freed their slaves, they all died with their slaves intact.
Robert:And Washington, through the efforts of Hamilton, ended up doing that.
Robert:And so he clashed on industrialism, he clashed on banking.
Robert:He clashed we didn't even get to foreign policy.
Robert:He clashed on foreign policy.
Robert:They didn't even want there to be an army, a
Robert:standing army in his lifetime because they thought that would lead to war.
Robert:And Hamilton was like, no, we need not only an army, but we need a military academy to train
Robert:soldiers.
Robert:And guess what?
Robert:West Point, where we fought this battle and Benedict Arnold betrayed us, that's a good
Robert:spot.
Robert:And also we need a Coast Guard to protect our
Robert:shores.
Robert:This is tying in again to Iron Ram.
Robert:When we look at her famous speech to the graduates at West Point, there dovetails
Robert:perfectly with one of my favorite quotes that she says is that West Point has given America
Robert:a long line of heroes, known and unknown.
Robert:And one of those heroes is Alexander Hamilton.
Robert:She might not know, I don't think.
Robert:To my knowledge, her favorite founder asked in
Robert:the Q and A was Jefferson, and it was only because of the Declaration of Independence.
Robert:To my knowledge.
Robert:I don't know how much she knew about the other
Robert:founders, their personalities, and for much of Hamilton's life and career you asked about in
Robert:school.
Robert:When I was in school, I didn't know anything
Robert:about him.
Robert:He's on the $10 bill and he's on the verge of
Robert:getting kicked off the $10 bill because they wanted to put a woman on it about seven, eight
Robert:years ago.
Robert:But it was the musical that came in and kind
Robert:of gave this gave him a second life.
Robert:And unfortunately, he's not going to be taken
Robert:off currency now.
Robert:I think Andrew Jackson is in danger of being
Robert:booted off the currency at some point.
Robert:Those are a couple of other things that I
Robert:think are important in Hamilton, distinguishing him from the other founders.
Robert:And then a couple of centuries later, Ein Rand distinguished from other intellectuals in her
Robert:era, and their message is largely bastardized.
Robert:How often do you see an article on Iran where
Robert:they get everything wrong about her and it's usually on purpose?
Blair:Far too often.
Blair:Yeah.
Robert:And it's kind of the same thing with this persistence of myth with Hamilton as
Robert:well, where they say these things about him and his ideas that just are not grounded in
Robert:fact.
Martin:But thanks to you, Robert, and others, you could go to the source and do you want to
Martin:end on that? Because your presentation really made an
Martin:impact and how you could have really, in a positive way, stamp something into your head,
Martin:but voluntarily.
Robert:That was a perfect setup.
Robert:In baseball, Martin, we call that a hanging
Robert:curveball.
Blair:That's right.
Robert:Yes. So the stamps so Hamilton is on the stamp.
Robert:In 1957 was 200th anniversary.
Robert:So he's on the $3 stamp.
Robert:And in the 1980 $3 stamp.
Robert:Did I say $3?
Robert:I'm sorry.
Robert:$0.03.
Robert:Thank you.
Robert:Sure.
Robert:$3 stamps are coming probably, right?
Blair:Yeah. Really?
Robert:I still use proudly.
Robert:I still use stamps, I still write letters, I
Robert:still card.
Robert:I definitely advocate that older way of
Robert:communication.
Robert:But in the 1990s, I took part in a letter
Robert:writing campaign because my sister worked at Minkus Stamp department and she gave me a
Robert:magazine that had an article.
Robert:Here's something by you, that Lady Anne Rand
Robert:that you like.
Martin:Do you have that read meals?
Robert:Why? I like stamp collecting.
Robert:And I'm like, wow, what an awesome story.
Robert:Because she's looking for heroes.
Robert:And this was something I would bond with my mother over.
Robert:I said there should be a stamp about her.
Robert:And sure enough, and I think it was 1997, it
Robert:was passed 33 cent stamp.
Robert:So Hamilton's on the three cent and ran eleven
Robert:times.
Robert:Is it?
Robert:And this beautiful art deco.
Blair:Yes.
Robert:Beautiful type painting of her wrapping this up.
Robert:It brings up this idea.
Robert:They both made a stamp, they made a statement
Robert:with their lives, and they've inspired me to make different kinds of statements.
Robert:I don't know if my letter writing ended up having an impact, but I took some kind of
Robert:action.
Robert:And that's what I think.
Robert:If there are takeaways for your audience, don't be the passenger.
Robert:Don't be the passenger in your life.
Robert:What kind of stamp do you want to make in your
Robert:life? And I think the two of you with this program,
Robert:there's an opportunity this will outlast you.
Robert:What can we do that, first of all, that we can
Robert:enjoy during our lifetime? That's kind of the first thing.
Robert:But the second thing is what will outlast you.
Robert:And I'm always personally striving for that in
Robert:my own life.
Robert:I think for your listeners, I think that's a
Robert:good goal to aim for.
Blair:Outstanding.
Blair:Thank you so much, Robert.
Blair:Thank you.
Martin:Thank you very much, Robert.
Blair:All right, well, we've been talking with Robert Begley.
Blair:He is an entrepreneur himself, a speaking coach.
Blair:And Robert, thanks again.
Blair:We hope to have you back.
Blair:And thanks for manning the Foxhole with us.
Martin:Yes, that's good.
Martin:When you are in the Foxhole and if you have
Martin:internet connection or some other, how could listeners reach out to.
Robert:You and find my website? Robert@begley.com is my email website.
Robert:Robert Begley.
Robert:Begley.com.
Robert:You could google me.
Robert:I'm out there.
Robert:I'm in the process of kind of revamping all that material.
Robert:But I have tons of writing, tons of speaking out there, have upcoming presentations coming
Robert:up and coaching all the time.
Robert:My goal is I help presenters to wow their
Robert:audience.
Robert:Sadly, I think too many speakers do not know
Robert:the import and how to be very effective on stage.
Robert:And that's one of the things I aim to help and often do help presenters, whether it's on the
Robert:boardroom or on a national stage.
Blair:Very good.
Blair:Awesome.
Blair:All right, that's a wrap.
Martin:Yeah. Thanks.
Robert:Thank you.
Blair:All right, ladies and gentlemen, we are planning to air this on July 4, america's
Blair:247th birthday.
Blair:Happy birthday, America.
Blair:I speak for myself when I say I'm so grateful to our founders and I'll never apologize for
Blair:what they did for us.
Blair:But that's our plan for this episode with
Blair:Robert.
Blair:Robert, do you have anything to add?
Robert:Yes, I would go a step further.
Robert:Not only never apologize, I will always be
Robert:grateful for everything they did.
Robert:Every July 4, I hold a zoom based reading and
Robert:celebration of the Declaration, which flair you and I did this in Connecticut.
Blair:Oh, yes.
Robert:Or so ago.
Robert:And we also make it a point.
Robert:After we go around the room reading paragraph by paragraph, then we end the reading by
Robert:naming all of the signers.
Robert:Because there were so many names that we don't
Robert:know.
Robert:Yes.
Robert:Thank you.
Robert:Thomas Jefferson.
Robert:John Hancock.
Robert:Benjamin Frank Franklin.
Robert:But there are others, and they deserve that merit as well.
Robert:So celebrating American independence is a global thing.
Robert:Martin does it in his own way in Sweden.
Robert:And Iran called this the greatest document in
Robert:political history.
Robert:So let's celebrate it.
Martin:And thanks for that.
Martin:And as an American spirit, I really am
Martin:interested to be part of that also.
Martin:We could talk about that.
Martin:Robert and I have my proposal to have a new holiday, and that's December 16 for
Martin:celebrating the Boston Tea Party.
Martin:That we could talk for some other time.
Martin:And I thank the Industrial Revolution and entrepreneurs and others, and the Hero Show
Martin:that you have.
Martin:If everything goes according to plan, it will
Martin:be published on July 4 on Independence Day, when we are recording this on June 24.
Martin:So, again, you could have a hat tip and thank you.
Martin:Thank you, guys.
Martin:Yeah.
Blair:All right.
Blair:You're welcome, Robert.