What was Jackson's opinion on the Bank of the United States? On what did he base his views?

Jackson was adamantly opposed to the Bank, which is why he opposed its charter extension and also removed federal funds from the Bank and dispersed them to various state banks. He based his views in part on a populist resentment that the Bank resources were focused exclusively on the interests of the large manufacturers, located in the more heavily urbanized northern states. Contributing to his belief was his sense that the Bank was over-extending credit and was under-capitalized, thus fueling unsustainable land speculation in the west, and his anger over the corruption that prevailed in the Bank's board of directors. It is important to note that ***Jackson was not wrong***, on any count; all of his objections had a genuine basis in fact. The Bank DID benefit industry more; it WAS overextended and undercapitalized, and it WAS riddled with corruption. However, Jackson also was an economic naif and did not understand the importance of the Bank, despite its many flaws, and further did not understand the effect that his ill-advised measures would have on the entire national economy, which HE helped to cause to crater, but the blame got passed on to poor van Buren, his right hand man and successor.

Jackson was firmly opposed to a national bank, and fought to dismantle the Second Bank of the United States. He vetoed Congress's bill to renew its charter, and began withdrawing money from it. He issued the Specie Circular in July 1836, which required land bought from the government to be paid for in specie (actual gold or silver coins), instead of bank notes. Most historians link this to the Panic of 1837, which broke out weeks after after Jackson had left office and ruined the presidency of his successor, fellow Democrat Martin Van Buren.