"In the century in which we live, the Democratic Party has received the support of the electorate only when the party, with absolute clarity, has been the champion of progressive and liberal policies and principles of government. The party has failed consistently when through political trading and chicanery it has fallen into the control of those interests, personal and financial, which think in terms of dollars instead of in terms of human values."
Franklin D. Roosevelt, 18 July 1940
Links For Today
Calm Gives Way to Tension As Cyprus Banks Reopen - NYT
Oligarchy Exists Inside Our Democracy - Walker
Speaking of Inequality - AngryBear
Why Won't Cyprus Obey Krugman? - EconoSpeak
Earthquake Tied to Disposal of Oil Extraction (Fracking) Wastewater
Is the ECB Misleading Us Over Who Is To Blame for the Eurozone Crisis? - Guardian
"Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country.
When you won, you divided the profits amongst you, and when you lost, you charged it to the bank...You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out."
Andrew Jackson, Andrew Jackson and the Bank of the United States (1928) by Stan V. Henkels
