Word: federalists
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...Picture this: a Federalist fortress in the Financial District of Manhattan, whose members represented 52 national and state banks, as well as the U.S. Treasury itself. Not the Federal Reserve Bank of New York, not the Federal Reserve System, not any central bank—this node of finance was the New York Clearinghouse. Established in 1853, the Clearinghouse pooled reserves so that member banks could clear debits and credits daily. It also functioned as a private central bank, which took care of its own in the many banking panics of the late 19th century—especially...
...third year law student, said. But he added that Ken Starr’s choice to take on this case “gives it a lot of popularity, and an unfair advantage to upholding Proposition 8.” Sajid Sharif, a member of the Federalist Society, which was the organization that hosted Starr’s talk, disagreed. “It’s good that the people have representation and that Ken Starr has taken on this case,” he said. Another student noted that she respected Starr’s decision to stay...
...Alexander Hamilton explained in the Federalist papers, impeachments are political, not legal, trials. They inevitably involve "animosities, partialities, influence and interest." Through years of tough-guy politics and bullying the legislature, Blagojevich had managed to stack all those factors against himself. And any whisper of sympathy he might have been able to squeeze from the senators a week ago, he strangled by first refusing to defend himself in Springfield, then swanning off to Manhattan to complain under the klieg lights about the unfairness...
...position has been mixed, with supporters of gay marriage obviously cheering. Others, he said, have been less excited. But after more than four decades of public life, and no plans to quit anytime soon, Brown seemed to relish the historic significant of the case. "Isn't this what the Federalist Papers were all about? What Madison was after?" Brown told TIME. "These questions go back to the beginning, back to Justice Marshall and the question of judicial review, to Marbury v. Madison. This is a topic of constant constitutional inquiry: What is the role of the court, and what...
...twice—so it was about time for the cute kid thing, and Bill is the picture of the 50s commercial kid. He is good-looking, upright and proper, and has a small book open in his hands (what could it be? The Bible? The Constitution? The Federalist Papers?) as he looks at the camera in his white-tie apparel. He makes you yearn for the simpler days of childhood, when you could just, you know, run free and wild—in white-tie, of course. (Note: No, I do not want to take Bill...