Wednesday, October 6, 2010

What Would Andrew Jackson Say If He Could See The U.S. Dollar Index Now?

President Andrew Jackson may have had a very good reason for his views against a central bank. Here is what he believed: * 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. President Jackson is the only president in United States history to have paid off the national debt.