Jim Devine wrote: > > >Senator Bronson Cutting of New Mexico, ... wrote years later: "The > nationalization of banks by President Roosevelt could have been > accomplished without a word of protest. It [not doing so] was > President Roosevelt's great mistake."< > > was there a political groundswell for such a policy at the time, > outside of the left (which was pretty weak in 1933)?
Kenneth Burke writes someplace that after Roosevelt came out with speeches attacking "economic royalists" he (Burke) know that the banks were safe. The principle Burke was arguing is that political rhetoric goes in the opposite direction from political action. Carrol
