Why Did Jackson Veto the Bill to Re- Authorize the Bank of the United States? Revenue ($) of the United States Loans for rich people only (Jackson objection.

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Why Did Jackson Veto the Bill to Re- Authorize the Bank of the United States? Revenue ($) of the United States Loans for rich people only (Jackson objection #1!) Loan payments PLUS interest! This is how banks make money! a.k.a., “the People’s Money” ……… Jackson says the profits should go back to the people, NOT the bank directors!!! Objection #2!!

Jackson’s third objection to the re- authorization bill; the Bank of the U.S. is Unconstitutional!

It is to be regretted that the rich and powerful too often bend the acts of government to their selfish purposes. Distinctions in society will always exist under every just government. Equality of talents, of education, or of wealth can not be produced by human institutions. In the full enjoyment of the gifts of Heaven and the fruits of superior industry, economy, and virtue, every man is equally entitled to protection by law; but when the laws undertake to add to these natural and just advantages artificial distinctions, to grant titles, gratuities, and exclusive privileges, to make the rich richer and the potent more powerful, the humble members of society-the farmers, mechanics, and laborers-who have neither the time nor the means of securing like favors to themselves, have a right to complain of the injustice of their Government. - Andrew Jackson

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