Term Paper on Martin Van Buren Example | Topics and Well Written Essays - 1500 words

On Martin Van Buren - Term Paper Example He had a very busy life following in the footsteps of other leaders. Yet, his life did not begin that way. Initially, Van Buren resided from a humble home. He was descended from a Dutch background, the son of a farmer and a tavernkeeper in Kinderhook, New York (Martin Van Buren, 2010). What inspired him to become a politician stemmed from his career as a lawyer. Van Buren got into New York politics and climbed his way up to become the â€Å"Albany Regency,† which was an effective political organization in New York (Martin Van Buren, 2010). He utilized his position in his favor by commencing actions that were considered shrewd in reference to dispensing public offices as well as establishing a system to encourage voters to vote in his favor (Martin Van Buren, 2010). Van Buren did not stop there. He was not a man to settle on just any career, in fact, he set his rights on higher political standings to which he successfully attained. Van Buren was elected into the States Senate i n 1821 (Martin Van Buren, 2010). Since he excelled, he caught the attentions of President Andrew Jackson just six years later. From there, Van Buren became the principal northern leader, then immediately advanced into the position of Secretary of State (Martin Van Buren, 2010). ... Specifically, Van Buren and Calhoun clashed. The solution arose when Calhoun and the Secretary of War, Eaton, resigned, which allowed the rest of the cabinet to follow suit (Martin Van Buren, 2010). This enabled Jackson to appoint a whole new cabinet, thus rendering Van Buren into the position of Vice President through votes brought on by the election in 1836. Beforehand, President Jackson attempted to reward Van Buren’s diligent work and loyalty by making him the Minister to Great Britain, yet this vote was outdone by Calhoun who declared a martyr of Van Buren (Martin Van Buren, 2010). Van Buren’s political life up to the point of 1837 appeared to be nothing less than a series of accomplishments and moments of great pride. After all, he carried himself in immaculate fashion and become the only individual who carried President Jackson’s trust to the extent in which it was given. Shortly after Van Buren announced his course as newly appointed Vice President was de vote himself to the American experiment as an example to the remainder of the world through his Inaugural Address; every thing came to a crashing halt. Trouble ensued in the form of the cyclical economy â€Å"boom and bust† phenomenon (Martin Van Buren, 2010). Karl Marx discovered a pattern to how depressions come about. Before the Industrial Revolution, there were little to no cycles of inflation and recession, which Marx inherited it to mean, that the business cycles were an inherent factor of the capitalist market economy (Rothbard, 1969). The point of understanding the causes and effects of depressions help politicians to uncover the solution. With Van Buren’s case, President Jackson actually contributed to the event by destroying the Second Bank of the