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
**THEN AND NOW** Our determination to deal firmly and adequately with a serious depression is still to be tested. But there is a considerable difference between a failure to do enough that is right and a determination to do much that is wrong.-John Kenneth Galbraith
Monday, July 11, 2011
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
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
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