Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The Media Have It Wrong: Andrew Jackson’s Legacy Was Fighting Crony Capitalism
The Daily Signal ^ | April 20, 2016 | Jarrett Stepman

Posted on 04/20/2016 2:23:26 PM PDT by OddLane

After a relentless campaign by conservatives, progressives, and Broadway musicals to keep Founding Father Alexander Hamilton on the $10 bill, it appears the Treasury Department will keep Hamilton. According to POLITICO, they will instead replace President Andrew Jackson on the $20 bill with Harriet Tubman. It’s a shame that progressives (and even conservatives) have been quick to ditch Jackson.

While it’s true that Jackson is often remembered for his alleged reputation for violence, the Trail of Tears, or perhaps even the 1959 Johnny Horton song, “Battle of New Orleans.”—his true legacy is much more important to America...

(Excerpt) Read more at dailysignal.com ...


TOPICS: Government; News/Current Events
KEYWORDS: andrewjackson; nutjobsonfr
Navigation: use the links below to view more comments.
first previous 1-2021-4041-53 next last
To: OddLane

21 posted on 04/20/2016 3:06:25 PM PDT by x
[ Post Reply | Private Reply | To 1 | View Replies]

To: OddLane

I bet most people don’t know that Jackson took pity on an Indian baby they found after the battle of Horseshoe Bend. Jackson and his wife adopted him.


22 posted on 04/20/2016 3:07:22 PM PDT by yarddog (Romans 8:38-39, For I am persuaded.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: fortheDeclaration

Except he didn’t. You might look at my book on this, esp. the first chapter, “Banking in the American South from the Age of Jackson to Reconstruction.”

1) Jackson delegated his Treas. Sec. Levi Woodbury to set up his OWN, Democrat-crony-controlled national bank. So much for shutting down the “Central Bank.” Jackson just didn’t like that he couldn’t control it.

2) The BUS was supported at the local and state level overwhelmingly.

3) Yah, he paid off the debt-—thanks to the tariff of abominations that imposed hugely high duties on the south. Oh, and land sales-—a traditional Whig policy from the beginning. Except Jackson sought to shut off all land sales by forcing farmers to pay gold-—something 90% of them couldn’t do.

4) He ignored a Supreme Court ruling in favor of the Indian Tribes to relocate them in order to allow his cronies to steal their land. Yeah, a real champion of the Constitution there.

5) The evidence is that Jackson did NOT cause the Panic of 1837 as has been charged, but not for lack of trying. Between killing the Bank of the United States, putting all the money in the hands of his crony friends in the “Pet” banks, the Specie Circular, Jackson did enough to destroy most economies.

In short, one of the worst presidents ever. Government grew steadily during his “small government” term, both in absolute and in relative terms. There is not one thing I can say to recommend Old Hickory.


23 posted on 04/20/2016 3:08:23 PM PDT by LS ("Castles Made of Sand, Fall in the Sea . . . Eventually" (Hendrix))
[ Post Reply | Private Reply | To 2 | View Replies]

To: PGR88
Gentlemen, I have had men watching you for a long time, and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I intend to rout you out, and by the eternal God, I will rout you out."

-- Andrew Jackson

24 posted on 04/20/2016 3:15:41 PM PDT by pgyanke (Republicans get in trouble when not living up to their principles. Democrats... when they do.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: RC one

Jackson was a prescient man! He knew the straits we now find ourselves in!


25 posted on 04/20/2016 3:28:11 PM PDT by BradyLS (DO NOT FEED THE BEARS!)
[ Post Reply | Private Reply | To 11 | View Replies]

To: PGR88

It was true then and it is true now


26 posted on 04/20/2016 3:39:06 PM PDT by RichardMoore (There is only one issue Life: dump TV and follow a plant based diet)
[ Post Reply | Private Reply | To 5 | View Replies]

To: sunrise_sunset

The idea of her replacing Andrew Jackson on a $20 bill, seems to me outrageous. Indeed, I felt outraged on reading of the announcement, even though I had already heard it intimated.

Gotta quote BLUE CHEER: “What will it take - to whip you into line - a broken heart? - a broken head ? - It can be arranged - it can be arranged”

I think they’re breaking our heads with this one.


27 posted on 04/20/2016 3:41:24 PM PDT by dr_lew
[ Post Reply | Private Reply | To 19 | View Replies]

To: sunrise_sunset

Historians state it well when they assert that the Revolution was not “consolidated” until we won the War of 1812.


28 posted on 04/20/2016 3:43:15 PM PDT by AmericanVictory (Should we be more like them or they more like we used to be?)
[ Post Reply | Private Reply | To 18 | View Replies]

To: OddLane

When Baraq Obama ignores court orders, he is following in Andrew Jackson’s footsteps.


29 posted on 04/20/2016 3:45:11 PM PDT by Hoodat (Article 4, Sec. 4)
[ Post Reply | Private Reply | To 1 | View Replies]

To: fortheDeclaration

Jackson’s legacy doesn’t fit with the ruling elite’s agenda so they want to keep the people ignorant by taking his picture off of US currency.


30 posted on 04/20/2016 3:49:04 PM PDT by drypowder
[ Post Reply | Private Reply | To 2 | View Replies]

To: ConservativeMind

Isn’t “media” the plural of “medium”? I think “have” might be correct. Not sure, now that you mention it.

Does it depend whether the medium is large or small? :-)


31 posted on 04/20/2016 3:49:13 PM PDT by Larry Lucido
[ Post Reply | Private Reply | To 3 | View Replies]

To: Hoodat

Not a huge fan of John Marshall, but can’t disagree with you there.


32 posted on 04/20/2016 3:51:34 PM PDT by OddLane
[ Post Reply | Private Reply | To 29 | View Replies]

To: fortheDeclaration

WMAL-630 AM radio host (DC, 5:00 PM show), has very intelligently pointed out the fact that Harriet Tubman was a Republican Party member, in favor of the 2nd Amendment rights re gun ownership and carried one when she was involved in the Underground Railroad project that smuggled slaves to free states, was a patriot, and a role model for women.

O’Connor wisely asked by the Republicans (i.e. the President) didn’t nominate her for a dollar currency when they were in power. This would have preempted the Democrats and Obama from claiming credit for it, which they will do with fireworks.

I understand that the Susan B. Anthony dollar was a blazing failure (its size was all wrong) and the Sacajewa simulated gold dollar was a joke (but historically interesting).

However, as O’Connor and moi have said repeatedly, the Conservatives/Republicans/GOP miss every opportunity to preempt the Democrats/Leftists by coming up with both creative and positive policies to undercut the Democrats racist and Marxist policies and propaganda.

Perhaps this is why Trump is winning. Sane people are tired of being forced to accept things that the Left want to impose on them, only to find that the GOP establishment has less of a backbone than a jellyfish.

Let’s openly support putting Harriet Tubman on a $20 bill and tell our fellow Americans why - i.e. that Tubman was a woman for both personal freedoms and Constitutional Rights.
She was, perhaps, the first black leading woman Republican, and that is good.

Re Jackson: While he did a lot of good fighting for a sane monetary policy, he was cruel to the Indians (i.e. the Trail of Tears of the Cherokees, who were betrayed on their previous treaties with the U.S.)

Also he fought Seminoles in Florida over their land and our Army got its butt whipped in the swamps. The Seminoles are, as the story goes, the only Indian tribe that beat the US Army and maintained its freedom by a post-war treaty.

Jackson hated the American Indian which may have been a product of the times but his policies towards them cannot be forgotten or excused when they violated treaties and promises.

Andy has had a good run and will until 2030 when the new dollar comes in, so let’s praise him for what he did well, criticize him for what he did wrong, and then move on to honor a very brave Republican, black, pro-gun, pro-freedom woman who DID MORE IN ONE YEAR TO MAKE AMERICA BETTER THAN HILLARY HAS DONE IN HER LIFE-TIME.


33 posted on 04/20/2016 3:59:17 PM PDT by MadMax, the Grinning Reaper
[ Post Reply | Private Reply | To 17 | View Replies]

To: RatRipper
No wonder the Commie Left wants to take him off the $20 bill . . . he is a free-market economic conservative.

Not it! I say. They shifted from the $10 bill to the $20 bill because the 20 is dispensed from ATM's and is the "coin of the realm" in that sense. All this sudden appreciation of Hamilton is just BS. I guess it doesn't hurt that Jackson was macho man and an Indian Fighter, in the equation.

34 posted on 04/20/2016 4:02:51 PM PDT by dr_lew
[ Post Reply | Private Reply | To 10 | View Replies]

To: LS
Jackson had a hatred for the Central Bank as a principal and was a hard currency man.

He knew that it was a generator of inflation which hurt the weakest in society, widows and orphans.

Using the term 'Democrat' as a pejorative is not correct for that day, since the Democrats of that day were advocates of small government and sound currency

The BUS was 'supported' because it corrupted everything, and when it couldn't stop Jackson, it called in it's loans to cause a recession.

Jackson was correct on the limitations of the Supreme Court, it is not the deciding branch of Government on what is constitutional, although it claims that power.

Jefferson feared that we would be ruled by a judicial oligarchy

Jackson wasn't responsible for the Tariff, if I am not mistaken, didn't Calhoun introduce it thinking it wouldn't get passed?

Then Calhoun tried to pull the nonsense that South Carolina would not obey the laws and Jackson informed Calhoun that he would hang those who advocated treason.

So, Calhoun backed down.

The panic of 1837 was caused by the Central Bank with it's boom bust inflationary lending.

Taken in balance Jackson left the nation stronger then when he first took office.

35 posted on 04/20/2016 4:04:21 PM PDT by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
[ Post Reply | Private Reply | To 23 | View Replies]

To: OddLane

Fighting the Central Bank and crony capitalism, balancing the budget — and a war hero to boot. We can’t have someone like that on our bills.

Especially when the GOP is about to nominate a big-time crony capitalist.


36 posted on 04/20/2016 4:04:47 PM PDT by TBP (0bama lies, Granny dies.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MadMax, the Grinning Reaper
Jackson didn't hate the American Indian.

He adopted one he found as a baby after a battle.

We have to keep in mind the historical context of the Indian wars.

There was a great deal of savagery on both sides

Jackson did not think two cultures could live together in harmony.

I agree there were injustices done to the Indians who were force to move, since they had begun to make adjustments to settle down and were friendly.

Frankly, the fact that Indians still have Reservations tells us that we still haven't figured out the problem!

37 posted on 04/20/2016 4:11:53 PM PDT by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
[ Post Reply | Private Reply | To 33 | View Replies]

To: fortheDeclaration

No. That’s what I thought when I began my book. No, he was a petty guy, a big-government guy, who was totally wrapped up in corruption in the party.

No, the evidence is NOT that the BUS was “corrupted.” Local banks and merchants liked it because it standardized money from one region to another, making ALL their bank notes stronger. Calling in the loans did NOT cause the recession, either. The shrinking of Mexican silver and Britain raising the interest rates did-—this has been proven beyond a doubt now.

No, you are absolutely wrong on the Panic of 37. This was the view of 50 years ago, but economists have “followed the money.” It was 100% due to Mexico and British interest rate changes. Jackson is off the hook for that one.

No, Jackson was wrong on the Supreme Court. He personally allowed Georgia to violate a sacred treaty just so he could reward his cronies.

What Jefferson thought is irrelevant about what JACKSON did about the Court.

The tariff was indeed passed by the DEMOCRATS (his party) thinking that it would be so high the Whigs would reject it. They didn’t. Then Calhoun tried to back out of his own bill. Yes, Jackson was right enforcing the tariff.

But this was the very tariff that allowed him to pay off the debt-—it sure wasn’t him “controlling” government because it grew, absolutely and relatively under Jackson. So hard to praise him for ending the debt under a tariff bill passed under Adams that gave him the revenue to do so.


38 posted on 04/20/2016 4:12:11 PM PDT by LS ("Castles Made of Sand, Fall in the Sea . . . Eventually" (Hendrix))
[ Post Reply | Private Reply | To 35 | View Replies]

To: LS
Thanks for the Posts LS.

I knew you would write what I was wanting to say, only better and much more articulate!

39 posted on 04/20/2016 4:13:59 PM PDT by KC_Lion (Everyone Does Know that after the Last Brokered Republican Convention, They Lost, Right?)
[ Post Reply | Private Reply | To 23 | View Replies]

To: MadMax, the Grinning Reaper
You too Max.

You said what I was thinking, Only Better! LOL!

40 posted on 04/20/2016 4:16:48 PM PDT by KC_Lion (Everyone Does Know that after the Last Brokered Republican Convention, They Lost, Right?)
[ Post Reply | Private Reply | To 33 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-53 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson