In June, Lew announced the government’s plan to feature a woman on the $10 bill, the first time in more than a century a woman has graced the nation’s paper currency. But the search turned to debate after former Fed Chairman Ben Bernanke and others objected to the removal of Hamilton from the $10 note.
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So the proverbial "patron saint of central banking" and the proponent of "financialism/crony-capitalism" -- i.e. Alexander Hamilton -- gets to stay.
And who gets the boot instead?
Why none other than Andrew Jackson -- PRESIDENT Andrew Jackson mind you -- aka "the man who KILLED the 'National Bank' "
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Gee I wonder why no objections from Bernanke, et al on that???
Oh riiight...
The politics of swapping out Jackson might be easier. He had been a slave owner and is not enjoying a renaissance like Hamilton. Jackson was put under the lens last year in a book by National Public Radio journalist Steve Inskeep, who examined Jackson’s role in forcing Native Americans from their homelands.
Yeah, I'm 100% certain THAT was the reason. It's not like they're trying to "erase" the most predominant opponent of central banking, no of course not, it HAS to be because he was a "slave owner" and a "war hero"oops, I meant "war criminal".
What? Jackson was personally responsible for the cronyism that ruled American politics for most of the 1800s. He and his successors disdained education and preferred to stuff government offices with thier buddies rather than hire qualified people.
Hamilton is one of the ultimate examples of someone rising from nothing on his own merit, all while setting the foundation for the US to not only survive but thrive after independence.
Absolutely, when you compare them to before the crisis. Almost no new banks have been opened in the US and many of the biggest ones are straining under the idiotic legislation Congress and Obama have enacted.
Good. Andrew Jackson was a terrible president, in fact one of the worst. He and several of his successors promoted corruption and the erosion of institutions in favor of populism and cronyism.
He set the political development of the US back by decades. It wasn't until the 1880s that some degree of meritocracy was restored, while professional civil servants had already become the norm in much of Western Europe.
[–]clayticus17 points18 points19 points (3 children) | Copy Link
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[+]thrownaway_MGTOW [recovered] (14 children) | Copy Link
--
So the proverbial "patron saint of central banking" and the proponent of "financialism/crony-capitalism" -- i.e. Alexander Hamilton -- gets to stay.
And who gets the boot instead?
Why none other than Andrew Jackson -- PRESIDENT Andrew Jackson mind you -- aka "the man who KILLED the 'National Bank' "
--
Gee I wonder why no objections from Bernanke, et al on that???
Oh riiight...
Yeah, I'm 100% certain THAT was the reason. It's not like they're trying to "erase" the most predominant opponent of central banking, no of course not, it HAS to be because he was a "slave owner" and a
"war hero"oops, I meant "war criminal".[+][deleted] [recovered] (13 children) | Copy Link
What? Jackson was personally responsible for the cronyism that ruled American politics for most of the 1800s. He and his successors disdained education and preferred to stuff government offices with thier buddies rather than hire qualified people.
Hamilton is one of the ultimate examples of someone rising from nothing on his own merit, all while setting the foundation for the US to not only survive but thrive after independence.
[+][deleted] [recovered] (11 children) | Copy Link
Ah, seems like someone's been raised on so called "modern" SJW-revised textbooks.
[+][deleted] [recovered] (10 children) | Copy Link
My textbooks adored him for destroying the banks which were the big bad when I was in school. They ignored his anti-intellectualism and populism.
Now that the banks have been humbled and racial issues are the outrage of choice today, he's an easy target.
Let me guess, you're a Trump supporter.
[+][deleted] [recovered] (9 children) | Copy Link
????????????
The banks have been "humbled"?
ROTFLMAO
[+][deleted] [recovered] (8 children) | Copy Link
Absolutely, when you compare them to before the crisis. Almost no new banks have been opened in the US and many of the biggest ones are straining under the idiotic legislation Congress and Obama have enacted.
[–]thrownaway_MGTOW6 points7 points8 points (7 children) | Copy Link
[+][deleted] [recovered] (6 children) | Copy Link
Sorry, I forgot that this forum is populated by morons. Don't mind me. Go hoard your gold.
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It's only here, fortunately.
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Good. Andrew Jackson was a terrible president, in fact one of the worst. He and several of his successors promoted corruption and the erosion of institutions in favor of populism and cronyism.
He set the political development of the US back by decades. It wasn't until the 1880s that some degree of meritocracy was restored, while professional civil servants had already become the norm in much of Western Europe.
[+][deleted] [recovered] (3 children) | Copy Link
The $20 is an institution that is now being eroded in favor of populism.
[–]leREALSHIT 1 point2 points3 points (2 children) | Copy Link
[+][deleted] [recovered] (1 child) | Copy Link
Can you just not accept that some people don't like this? Or do you honestly just not care that some people are upset (i.e., "tough shit")
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