Andrew Jackson Failure

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As his presidency continued, Jackson developed the desire to bring down the Second Bank of America. President Jackson was highly dissatisfied with the manner in which the bank was operating. According to him, the bank did not support the reforms that he had wanted in the United States (Wilentz, 2005). Therefore, he made up his mind that the destruction of the bank was the only realistic way of dealing with the bank. This was one of the most memorable political wars that took place in the United States in the era of Andrew Jackson. There were numerous reasons that also piled up the motivation for Jackson to collapse the bank (Jon, 2008). Some of the reasons that led to the development of the desire to bring down the bank include a combination of the financial challenges that he was experiencing, the fact that he had roots from Tennessee and his perceptions on the rights of the state. The bank acted as the ultimate financial power-house and this led to a big effect on the stability of the economy of the state because it was the fiscal policy …show more content…

There were a series of insults from the senate directed at Jackson. One of the insults included the fact that the senate declined to approve the new Treasury secretary who was appointed by Jackson (Wilentz, 2005). As a result, Jackson filed a protest with the senate apparently saying that the bank had abused its power in numerous occasions. Jackson changed his efforts into convincing the people on the reasons why he was taking his actions. He expressed his desire to oppose all the monopolies of the government in order to enhance the financial stability of the country which was one of the reasons he was against the bank. Jackson once again explained that he was very proud of all the activities he was engaging and that they were for the interest of the country and the

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