After watching the video attached. Please answer: How do the conversations of th
ID: 1214594 • Letter: A
Question
After watching the video attached. Please answer: How do the conversations of the founding fathers and Jackson relate to today?
What did you like most?
1 President Andrew Jackson and Big Banks--sounds like today!!!) --(from History Channel)-http://www.youtube.com/watch?v=Knf8KA5aAjw&feature=related
2 (Also Thomas Jefferson) --- http://www.youtube.com/watch?v=3cnItVN1Gk0 and
3 http://www.youtube.com/watch?v=H7yjfI19b7s
4 ( from HBO film mini series on President John Adams-- (Watch at the dinner table--George Washington, Thomas Jefferson- who had just returned from Paris, Alexander Hamilton, our first Secretary of the Treasury, and John Adams http://www.youtube.com/watch?v=UrxKOO0nKwc
Explanation / Answer
The death of his wife brought a lot of affliction and despair for Andrew Jackson who became very depressed after he lost his wife. So he decided to become President. The reason behind such an extreme step is the fact that the people had chosen him. And so he was called the people’s candidate.
Upon entering the office, he decided to eliminate the bank and paper currency believing that the bank was unconstitutional and was using the money for its own good
Henry Clay and Vice President Calhoun were against this decision, in that Henry Clay dared Jackson to veto the chartered bill. Still, Jackson defended the interest of the people and withdrew the money from the US bank and moved it into state banks and killed the US banks and paid off the national debt