National Bank

Historic Changes In American Currency A Great Movement Forward!

Ronald Leave a comment

It is very inspiring to see recognition of race and gender on American currency for the first time in modern American history!

It is appropriate that Harriet Tubman be on the front of the $20 bill, with Andrew Jackson moved to the back.

It is also great that Alexander Hamilton remains on the front of the $10 bill, with Susan B. Anthony, Elizabeth Cady Stanton, Lucretia Mott, Alice Paul, and Sojourner Truth put on the back as a group, to mark their importance in the women suffrage movement.

And the back of the Abraham Lincoln $5 bill will have Marian Anderson, Eleanor Roosevelt, and Martin Luther King. Jr on it.

The only truly controversial part is Jackson being switched from front to back on the $20 bill, but realize that Jackson destroyed the National Bank; condemned abolitionists working against slavery and was a slave owner himself; and forced the removal of five native American tribes to Oklahoma, the infamous “Trail of Tears”, which caused the death of more than 10,000.

So he is not being removed, but instead being placed on the back, with Harriet Truman, the heroic former slave who saved hundreds of slaves, being given recognition that is proper.

It is important that we give tribute to more than just white males on our currency, and show our appreciation of the sacrifices of these heroes and heroines!

Chris Hayes’ ALL IN Discussion Of Worst President Ever: Interesting And Food For Thought!

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Chris Hayes on his ALL IN show on MSNBC last night had a fascinating, nearly 20 minute discussion, with three experts on who was the worst President in American history. Certainly, this was very appropriate for Presidents Day!

This author has written about this before, but the four choices discussed were:

Andrew Jackson
Andrew Johnson
Herbert Hoover
George W. Bush

Seeing Andrew Jackson on the list (actually the choice of Chris Hayes) startled me, as he tends to be listed at about Number 12 or 13 on most surveys, and used to be in the top ten near the bottom. But Hayes made a good case based on the Trail of Tears massacre of native Americans, along with forced removal to Oklahoma, and the destruction of the National Bank as good reasons for putting Jackson near the bottom.

This does not mean that this author agrees he is the worst President, but the arguments were food for thought, but consider that Jackson is on the $20 bill, so it is certainly a bit awkward to label him, possibly, the worst President.

The case for Andrew Johnson is much stronger, and he is usually put in the bottom few, which is where this author would put him, but I tend to see James Buchanan as the worst President.

Herbert Hoover is certainly a failure, the President of the Great Depression, but some sympathy for him in his plight does exist, including by this author.

Now George W. Bush labeled the worst, which is becoming a popular thought, seems somehow a bit unfair, but certainly he would rank in the bottom ten without any doubt.

And of course, besides Buchanan, who I have mentioned is generally seen as the worst President, let us not forget other competitors—Franklin Pierce, Warren G. Harding, Ulysses S. Grant, and to some, although not to this author, Richard Nixon!

Transformative Presidents In Domestic Affairs: Impact On American Democracy!

Ronald Leave a comment

With Presidents Day coming up on Monday, it is a good time to reflect on which Presidents were transformative in domestic policy making.

The list of Presidents who made a real difference in domestic affairs would include the following, chronologically:

George Washington—under whom a National Bank and protective tariff, promoted by Secretary of the Treasury Alexander Hamilton, were adopted, having a long range effect on America’s growth.

Thomas Jefferson—under whom recognition of the wisdom of Alexander Hamilton’s economic policies was recognized.

Abraham Lincoln—under whom a promotion of the transcontinental railroad, adoption of the Homestead Act providing free land for settlers, revival of a centralized banking system, and the enactment of the 13th Amendment ending slavery, occurred.

Theodore Roosevelt—under whom conservation of natural resources became a major policy, the first regulation of meat, food and drugs took place, the first intervention in labor disputes without an anti labor attitude evolved, and first anti trust law suits succeeded in breaking up monopolies.

Woodrow Wilson—who accomplished the most domestic reforms until his time, including labor laws, agricultural credit legislation, the Federal Reserve being created, and the first regulatory commission for big business (the Federal Trade Commission) was created.

Franklin D. Roosevelt—under whom the New Deal transformed America domestically with a myriad of programs, including labor laws, Social Security, agricultural aid, and public works programs, with anti trust law suits being pursued.

Lyndon B. Johnson—under whom the Great Society programs, including ideas of Harry Truman and John F. Kennedy not accomplished in their terms in the Presidency, were passed into law, including civil rights, education, Medicare, the War on Poverty, and numerous other programs, including consumer and environmental legislation, the most change since the New Deal.

Richard Nixon—under whom the Environmental Protection Agency, the Consumer Product Safety Commission, the Occupational Safety Health Administration, and Affirmative Action were passed into law.

Barack Obama—under whom a national health care law was passed, the most significant legislation since the 1960s.

Other Presidents who had an impact, to a lesser extent, include:

Grover Cleveland
William Howard Taft
Harry Truman
Dwight D. Eisenhower
John F. Kennedy
Jimmy Carter
George H. W. Bush
Bill Clinton
George W. Bush