"It is to be regretted that the rich and powerful too often bend the acts of government to their own selfish purposes...
No free government can stand without virtue in the people and a lofty spirit of patriotism, and if the sordid feelings of mere selfishness shall usurp the place which ought to be filled by public spirit, the legislation of Congress will soon be converted into a scramble for personal and sectional advantages...
It is one of the serious evils of our present system of banking that it enables one class of society--and that by no means a numerous one--by its control over the currency, to act injuriously upon the interests of all the others and to exercise more than its just proportion of influence in political affairs."
22 June 2014
David Cay Johnston: The Impact of American Inequality
Posted by Jesse at 12:42 PM