The Bank War was a long and bitter struggle waged by President Andrew Jackson in the 1830s against the Second Bank of the United States, a federal institution that Jackson sought to destroy. Jackson's stubborn skepticism about banks escalated into a highly personal battle between the president of the country and the president of the bank, Nicholas Biddle. The conflict over the bank became an issue in the presidential election of 1832, in which Jackson defeated Henry Clay.
Following his reelection, Jackson sought to destroy the bank and engaged in controversial tactics which included firing treasury secretaries opposed to his grudge against the bank. The Bank War created conflicts that resonated for years, and the heated controversy Jackson created came at a very bad time for the country. Economic problems which reverberated through the economy eventually led to major depression in the Panic of 1837 (which occurred during the term of Jackson's successor, Martin Van Buren). Jackson's campaign against the Second Bank ultimately crippled the institution.
One of the most heated constitutional debates in early America involved Congress’s power to establish a national bank. Bank supporters like Alexander Hamilton argued that a national bank was essential to building a strong national economy. Bank opponents like Thomas Jefferson and James Madison countered that a national bank represented an abuse of power by Congress and a corrupt bargain between political and economic elites. Congress established the First Bank of United States in 1791, but it let its charter expire in 1811. Congress then established the Second Bank of United States in 1816. The Marshall Court finally upheld Congress’s power to establish a national bank in the landmark decision, McCulloch v. Maryland (1819). President Andrew Jackson disagreed. Jackson—like Jefferson and Madison before him—thought that the Bank of the United States was unconstitutional. When Congress voted to extend the Second Bank’s charter in 1832, Jackson vetoed the bill. To explain his decision to the nation, Jackson issued this veto message on July 10, 1832.
Alexander Hamiltons support of a national bank is why I cant consider him a Patriot. He was a British agent. I dont know if it happened after the War of Independence (I dont use Revolution...we need to take back our language) or if he was always a traitor but even in the Federalist Papers his tyrannical leanings can be felt. He was for a strong central government and a central bank. Two positions that are anathema to the Constitution. He was instrumental in laying the foundations of tyranny.
Not for nothing but Hamilton actually entered us into the first rothchild bank contract as treasurer of the u.s. it has also been exposed he was an agent of the rothchilds and his last name was not Hamilton, but Levine. So you are correct about how you view him.
Probably because of this:
https://www.thoughtco.com/the-bank-war-by-president-andrew-jackson-1773350
The Bank War was a long and bitter struggle waged by President Andrew Jackson in the 1830s against the Second Bank of the United States, a federal institution that Jackson sought to destroy. Jackson's stubborn skepticism about banks escalated into a highly personal battle between the president of the country and the president of the bank, Nicholas Biddle. The conflict over the bank became an issue in the presidential election of 1832, in which Jackson defeated Henry Clay.
Following his reelection, Jackson sought to destroy the bank and engaged in controversial tactics which included firing treasury secretaries opposed to his grudge against the bank. The Bank War created conflicts that resonated for years, and the heated controversy Jackson created came at a very bad time for the country. Economic problems which reverberated through the economy eventually led to major depression in the Panic of 1837 (which occurred during the term of Jackson's successor, Martin Van Buren). Jackson's campaign against the Second Bank ultimately crippled the institution.
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https://constitutioncenter.org/the-constitution/historic-document-library/detail/andrew-jackson-bank-veto-message-1832
One of the most heated constitutional debates in early America involved Congress’s power to establish a national bank. Bank supporters like Alexander Hamilton argued that a national bank was essential to building a strong national economy. Bank opponents like Thomas Jefferson and James Madison countered that a national bank represented an abuse of power by Congress and a corrupt bargain between political and economic elites. Congress established the First Bank of United States in 1791, but it let its charter expire in 1811. Congress then established the Second Bank of United States in 1816. The Marshall Court finally upheld Congress’s power to establish a national bank in the landmark decision, McCulloch v. Maryland (1819). President Andrew Jackson disagreed. Jackson—like Jefferson and Madison before him—thought that the Bank of the United States was unconstitutional. When Congress voted to extend the Second Bank’s charter in 1832, Jackson vetoed the bill. To explain his decision to the nation, Jackson issued this veto message on July 10, 1832.
Interestingly the War of1812 ended in 1816 when the US agreed to a second US Bank. The history that we were never taught.
I always maintain the saying that "all wars are banker's wars"
And the War of 1812 was perhaps caused by the ending of the 1st bank charter in 1811.
Almost certainly
Alexander Hamiltons support of a national bank is why I cant consider him a Patriot. He was a British agent. I dont know if it happened after the War of Independence (I dont use Revolution...we need to take back our language) or if he was always a traitor but even in the Federalist Papers his tyrannical leanings can be felt. He was for a strong central government and a central bank. Two positions that are anathema to the Constitution. He was instrumental in laying the foundations of tyranny.
Not for nothing but Hamilton actually entered us into the first rothchild bank contract as treasurer of the u.s. it has also been exposed he was an agent of the rothchilds and his last name was not Hamilton, but Levine. So you are correct about how you view him.
There are Two Positions to be Taken in this view of the U.S. Govt....
If one Supports States as Valid Nations, instead of the Federation as a Nation, one is a Federalist....
If one takes the position of the U.S. being a Nation, over the States, one is Stateist, or a Nationalist....
statism noun [ U ] POLITICS, ECONOMICS
the principle that the government should own or control most of a country's industry and economy ~ Cambridge Dictionary
I know, it sounds backwards, but it is what it is....
Bad economic outcome is the punishment the rothchilds put on the people for opposing their shitty banks and fake money.
It won't work this time.
Yup playbook known. We know now what we didnt know then and blame will be placed squarely where it belongs.