i killed the bank. -andrew jackson (march 15, 1767 – june 8, 1845)
TRANSCRIPT
I KILLED THE BANK.
-Andrew Jackson (March 15, 1767 – June 8, 1845)
ANDREW JACKSONThe United States twenty-dollar bill ($20) is a denomination
of U.S. currency. The seventh U.S. President (1829–37), Andrew Jackson has been featured on the front side of the bill since 1928.
ACHIEVEMENT
• Jackson, believing that Bank was fundamentally a corrupt monopoly whose stock was mostly held by foreigners.
• Jackson stated the Bank made "the rich richer and the potent more powerful."
• In January 1835, Jackson paid off the entire national debt, the only time in U.S. history that has been accomplished.
LESSON LEARNT
Honesty – Once he realized that Federal Reserve System would
persecute the citizen and even the country, he flatly executed the rejection of Federal Reserve System.
LESSON LEARNT
Audacity – He could just follow what other presidents did, cooperating
with the Federal Reserve System and earning dirty money from his citizen, but he chose not to but trying to destroy the system as hard as possible.
LESSON LEARNT
Patriotism - The placement of Jackson on the $20 bill may be a historical
irony; as president, he vehemently opposed both the National Bank and paper money and made the goal of his administration the destruction of the National Bank. In his farewell address to the nation, he cautioned the public about paper money.