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Who sets the bank mortgage interest rate?

Contrary to popular belief, banks do not fully control the interest rates for mortgages. It is in fact the Federal Reserve that is responsible for setting and changing the interest rates that you pay.


How did Andrew Jackson belief differ from his vice president's belief when it came to states authority vs federal government?

John C. Calhoun , who was VP during Jackson's first term, was a champion of the right of nullification, which meant that a state could nullify and refuse to obey federal laws. Jackson could see that such a right would pretty much erase central government and that logically could lead to the right to secede from the union altogether.


Who was john c calhoun and what was his role in sectionalism?

John C. Calhoun was a prominent American politician and statesman from South Carolina, serving as Vice President, Senator, and Secretary of State in the early to mid-19th century. He was a strong advocate for states' rights and slavery, promoting the idea of nullification, which argued that states could invalidate federal laws they deemed unconstitutional. Calhoun's fervent defense of Southern interests and his belief in the supremacy of state authority contributed significantly to the growing sectionalism between the North and South, ultimately intensifying the conflicts that led to the Civil War.


What were the states rights' in the 1830's?

In the 1830s, states' rights referred to the belief that individual states had the authority to nullify or ignore federal laws they deemed unconstitutional. This view was most prominently advocated by politicians like John C. Calhoun in response to issues such as tariffs and slavery, leading to tensions between the federal government and states.


What political belief was central to the federalist?

The constitution was the foundation of the federal government.


What was the belief in ww1 that national interest and unity should be the most important?

Nationalism


What two things are in involved in faith?

Belief in something without proof or evidence, and trust or confidence in that belief despite uncertainty or doubt.


What is the difference between psychological egoism and ethical egoism?

Psychological egoism is the belief that people always act in their own self-interest, while ethical egoism is the belief that people should always act in their own self-interest.


How is science involved in poping candy?

It is my belief that only His Holiness, Pope Benedict XVI, can explain how science is involved in poping candy.


What is the belief that states did not have to follow a federal law?

nullificationNullification (U.S. Constitution), the legal principle that any federal enactment which is not "made in Pursuance" of the Constitution under Article VI, Clause 2 is ipso facto null and void.


Why is John Calhoun important?

John C. Calhoun was one of the Southâ??s most influential leaders and was an avid advocate for the institution of slavery and the southern plantation system. He served as United States Secretary of war, Vice President and Secretary of State.


What changes has scientific discovery made on human interest in religion?

I have the general impression that the increase in scientific knowledge has had a tendency to reduce interest in religion, or even belief in God.