as far as i know, one of the main things the United stats wanted was a Courrency that was debt free, the green bill i think it was called, the one
that was pleged to gold, anyhow, President jackson is the only american to pay all debdts that the country owns. he was also oposed to central banks
like Federal Reserve and other institutions. he even removed the Second National Back of the united states.
From Wikipedia
Opposition to the National Bank
Main article: Second Bank of the United States
The Second Bank of the United States was authorized for a twenty year period during James Madison's tenure in 1816. As President, Jackson worked to
rescind the bank's federal charter. In Jackson's veto message (written by George Bancroft), the bank needed to be abolished because:
It concentrated the nation's financial strength in a single institution.
It exposed the government to control by foreign interests.
It served mainly to make the rich richer.
It exercised too much control over members of Congress.
It favored northeastern states over southern and western states.
Following Jefferson, Jackson supported an "agricultural republic" and felt the Bank improved the fortunes of an "elite circle" of commercial and
industrial entrepreneurs at the expense of farmers and laborers. After a titanic struggle, Jackson succeeded in destroying the Bank by vetoing its
1832 re-charter by Congress and by withdrawing U.S. funds in 1833.
The bank's money-lending functions were taken over by the legions of local and state banks that sprang up. This fed an expansion of credit and
speculation. At first, as Jackson withdrew money from the Bank to invest it in other banks, land sales, canal construction, cotton production, and
manufacturing boomed.[25] However, due to the practice of banks issuing paper banknotes that were not backed by gold or silver reserves, there was
soon rapid inflation and mounting state debts.[26] Then, in 1836, Jackson issued the Specie Circular, which required buyers of government lands to pay
in "specie" (gold or silver coins). The result was a great demand for specie, which many banks did not have enough of to exchange for their notes.
These banks collapsed.[25] This was a direct cause of the Panic of 1837, which threw the national economy into a deep depression. It took years for
the economy to recover from the damage.
The U.S. Senate censured Jackson on March 28, 1834, for his action in removing U.S. funds from the Bank of the United States. When the Jacksonians had
a majority in the Senate, the censure was expunged.
Main Article about President jackson From
This means that you had orignaly removed ALL forms of natinal back, and new one got insitiuted later.
Now also what could be nice to do, in order to understand your money ways alittle better and how it works, i recomend reading
After that a good idea could be to watch Zeitgeist: Addendum, if you havent allready and then you will se how money works the world and you.
First and second chapters are the most relevant.
Link too Zeitgeist 2, on google video.
Edit: ohh and to answere the topic yes, i say they have won as well, they mostly in controll of USA when comes to economy.
[edit on 15-1-2009 by Rufuz]