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Yo_Mama_Been_Loggin

(108,170 posts)
Tue Jun 23, 2015, 12:08 PM Jun 2015

Former Fed chief Bernanke: Dump Jackson, not Hamilton, on money

WASHINGTON — Former Federal Reserve chief-turned blogger Ben Bernanke is calling for the U.S. Treasury to abandon plans to drop Alexander Hamilton from his featured spot on the $10 bill and to dump Andrew Jackson from the $20 instead.

Bernanke wrote Monday that he is “appalled” by Treasury Secretary Jacob Lew’s plans to replace Hamilton with a woman. In a post entitled “Say it ain’t so, Jack,” Bernanke wrote that adding a woman is “a fine idea, but it shouldn’t come at Hamilton’s expense.”

He called the first Treasury secretary “without doubt the best and most foresighted economic policymaker in U.S. history.”

By contrast, Jackson, president from 1829 to 1837, was “a man of many unattractive qualities and a poor president.” Jackson opposed attempts to establish a U.S. central bank.

“Given his views on central banking,” Bernanke wrote, “Jackson would probably be fine with having his image dropped from a Federal Reserve note.”

-more-

http://www.theheraldbusinessjournal.com/article/20150623/BIZ02/150629776

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Former Fed chief Bernanke: Dump Jackson, not Hamilton, on money (Original Post) Yo_Mama_Been_Loggin Jun 2015 OP
Jackson was a Democratic President. Fuck Bail Out Bernanke. merrily Jun 2015 #1
Andrew "Sharp Knife" Jackson, slaughterer of indigenous people. OnyxCollie Jun 2015 #2
If that were Bernanke's objection, I'd respect it. He wants him gone because he's a Democrat. merrily Jun 2015 #4
I don't know that celebrating the man responsible for the Trail of Tears is a good thing el_bryanto Jun 2015 #3
Please see Reply 4 merrily Jun 2015 #5
Jackson should go. WDIM Jun 2015 #6

merrily

(45,251 posts)
1. Jackson was a Democratic President. Fuck Bail Out Bernanke.
Tue Jun 23, 2015, 12:23 PM
Jun 2015

Repubilcans wanted to take Roosevelt off the dime and replace him with Reagan, even though FDR saved the damned country as it was going down the tubes AND started the March of Dimes to fund polio ressearch that led to the Salk and Sabin vaccine.

I must say, I wish Jackson had not blessed us with the jackass as our party's symbol. Still, fuck Bernanke.

merrily

(45,251 posts)
4. If that were Bernanke's objection, I'd respect it. He wants him gone because he's a Democrat.
Tue Jun 23, 2015, 12:38 PM
Jun 2015

FDR interned the Japanese and sponsored development the atomic bomb, but he still belongs on the dime over St. Ronnie.

el_bryanto

(11,804 posts)
3. I don't know that celebrating the man responsible for the Trail of Tears is a good thing
Tue Jun 23, 2015, 12:33 PM
Jun 2015

Regardless of what party he happened to belong to.

Bryant

WDIM

(1,662 posts)
6. Jackson should go.
Tue Jun 23, 2015, 12:51 PM
Jun 2015

He was a racist and committed mass genocide of a whole race of people he should be removed from the money.

Hamiltons economic policies lasted for almost 200 years and made this the biggest and best economy on the planet. That is until Reagonomics came along and free trade sold out our workers to the rest of the world.

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