I feel the same.alexandra said:'ignorant masses' (a term I truly resent and would not choose to use myself),
This is just what James Madison intended, of course.
Well did you realize that After Alexander Hamilton, a Federalist who supported the constitution, became the president that James Madison changed his views about faction being the most harmful to individual liberty? Hamilton wanted a strong central government and James Madison saw this and then realized that too much power held by the few was the greater danger. Also note that it was Hamilton who started the first National Bank, an idea that Thomas Jefferson was strongly opposed to.
So it seems that history disagrees with what you're trying to suggest. Now if you said Alexander Hamilton, I might be inclined to agree with you to some extent but not entirely.