Posted on 03/05/2014 4:40:55 AM PST by C19fan
Jackson was right. The federal government has no business operating a bank using public moneys to make private loans. That should be left to the private sector.
Politicians love the idea because they can use public resources to reward their contributors and supporters through the bank and fund their little pet projects, like Solyndra.
Which is not to say that the federal government should not regulate the banking sector and ensure a stable currency.
But the federal government should not operate a private bank, which as Jackson saw, creates a piggy bank or slush fund for the politically-connected.
Wow, you personally had $20 bills in HS? I only ever saw GW back in the 60s.
No, seriously, how about Thomas “Stonewall” Jackson? He was a great Confederate general, and he taught slaves to read.
Or, how about George Washington Carver? He knew how to make things grow. We all want our money to grow.
True, with "the people" defined as white Americans. The objections to him arise now because our definition has expanded.
The objectors are IMO somewhat myopic, as they can't recognize that the definition of who constituted "the people" had to expand gradually.
In the days of Magna Carta it was essentially limited to the nobility. By the time USA was founded, in most states it meant reasonably well-off white men.
We had to go through a state of "all white men" to get to "all adults."
It was acting Texas president David G. Burnet released Santa Anna back to Mexico after the signing of the treaty (independence of Texas) that Mexico didn’t recognize. Santa Anna was no longer president and went into exile in the United States. Andrew Jackson released him back to Mexico in 1837, his last year as president. Regardless, 189 Texans died at the Alamo and Santa Anna had 342 Texan prisoners executed later the same month.
The Supreme Court sided with the Indians. Jackson acted illegally in expelling them. He broke his oath to defend the Constitution.
I agree and disagree.
I would like to see all of the so called hero,s off of the bills as i do not like slavers any better than i do killers, but since this is a Government run by the people who is really to blame?
Jackson did not put himself in the office as president no more than bozo did, he was put there by the nutty people who are supposed to be governing this nation.
As for the rape, suicide, diabetes, schooling, etc.
Much of that is caused by the people of those tribes themselves, don,t worry about it.
Dems likely choices for the $20 bill:
Either Obama
Either Clinton
Che Guevara
Cesar Chavez
Ted Kennedy
Al Gore
Matthew Shepard
Margaret Sanger
Al or Jesse
Trayvon Martin
It will be Martin Luther King, if he’s replaced. Guaranteed.
That’s depressing...
I am not complaining about Jackson’s ends, but how he went about causing them with maximum disruption to the economy.
And Obama could very well do the same. Do you think if the Republicans swept congress and were soon to have the presidency that Obama would hesitate in causing a huge depression just before leaving office? Or that the MSM would blame him for it?
I agree, but they are all Democrat icons.
Ok, well if the Texicans didn’t charge him beyond that, and let him go, and the Mexicans kicked him out because he signed a treaty for his life, what was Ole Andy supposed to do? Santa Ana was at that point, just another foreigner in the US—free to go if he chose, no?
The Texicans kept his leg, didn’t they?
You are probably right. In spite of King’s personal failings, I respect someone who pays the ultimate price for a just cause. The likes of the Obamas, Sharpton and Jackson don’t know what sacrifice is, as they profiteer from the racial tension and division they incite.
Typically such lists basically boil down to this: list the most popular recent democrats in 4 or 5 of the top 10 slots (Usually FDR, Truman, JFK, Woodrow Wilson) plus a couple of founding fathers, Abraham Lincoln and Teddy Roosevelt (as the original RINO and inventor of the third party strategy to elect Democrats) thrown in to round out the top 10. Then the next five will include terrible democrat presidents like LBJ and Clinton either just before or just after Reagan. In the top 15 you will get four republicans: Teddy Roosevelt (progressive), Eisenhower (sentimental favorite to baby boomers), Lincoln, and way down the list Reagan. That's it.
Not saying Grant was a good president but if Reagan is only coming in around 15 then Grant has no hope of being in the top 30.
Jackson was a great general and a lousy President. I would rather have Reagan on the twenty.
Well, it was very difficult to kill off the Bank of the US. There were very powerful interests behind it. It was like trying to kill a vampire, only a stake through the heart would kill it.
Imagine if the Bank of the US had not been smothered in the crib by Jackson, and had survived and grown and matured. By the time of the great railroad boom, the BUS likely would have been the dominant lender to the railroad companies laying track. The bubbles that we had would have been made far worse as much more railroad construction would have been funded based on political influence and not economic justification, and when these bigger bubbles popped it would not just have been private investors, but the US government put at risk, with much loss of national wealth due to misallocation of resources through political influence.
If only Jackson had been around to smother Fannie Mae in the crib. How many trillions of dollars of national wealth did we lose because of political interference in making housing loans? And of course a certain Senator Barack Obama was the biggest recipient of Fannie Mae contributions during his years in the Senate.
***...my classmates and I were stricken. ***
Poor baby! And for all the tears you shed over the Indian Removal, how many dead Indians did you bring back to life! NOT ONE!
SO GET OVER IT!
That’s just so much boo chit and completely ignores the fact we gave them:
.
“Air conditiog, ice cubes, Diet Coke, Modern Medicine, 300 horsepower and of course indoor bathrooms, and of course running water .
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