Franklin Roosevelt: Government Appendage

Posted by admin on Tuesday, December 6, 2016

Franklin D. Roosevelt Money Quote saying business and financial monopoly, speculation and reckless banking are never-ending and must be continuously monitored. Franklin D. Roosevelt said:
 

 

“We had to struggle with the old enemies of peace–business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering. They had begun to consider the Government of the United States as a mere appendage to their own affairs” — Franklin D. Roosevelt

 

 

In the context of business and financial monopoly, Franklin Roosevelt meant that some individuals and corporations view the government as a mere extension of their own power and influence, rather than a separate entity that serves the public interest.

He implied that these entities see the government as a tool to be used for their own benefit, rather than a watchdog that ensures fair competition and protects the public

Birthday:January 30, 1882 – Death: April 12, 1945

Categories: politics Tagged:bankingfinancialfranklin rooseveltmonopolyprofiteering