Monday, July 11, 2011

Capacity for Human Suffering

Then
"So long as business activity goes on," Albert Wiggin, chairman of Chase National Bank, told a Senate committee in 1931, "we are bound to have conditions of crisis once in so often." The committee chairman, Robert M. La Follette, Jr., then asked Wiggin if he thought "the capacity for human suffering is unlimited." "I think so," the banker replied. (McElvaine)

Now
From Democracy to Kleptocracy

Monday, July 4, 2011

Chamber of Commerce

Then
Irving Stone, the writer, . . . declar[ed] that Calvin Coolidge had transferred "the seat of power from the White House across Pennsylvania Avenue to the United States Chamber of Commerce." (Ellis)

Now
U.S. Chamber of Commerce aims to spend $75M on midterm elections
US Chamber of Commerce under fire for campaign finance