Wealth

Quote 81

In the Story of Al Smith, the great reformist governor of New York, who gradually turned into a narrow-minded economic conservative and bitter critic of F.D.R. H. L. Mencken explained it thusly:

“His association with the rich has apparently wobbled him and changed him. He has become a golf player.”

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Quote 117

"You have to distinguish between two things |the economy and the stock market. The economy is the sum of all the goods and services that are produced in this country every day. There are telephones, cars, chickens and airplanes. That's the economy, and it's just as strong or weak today as it was a week ago."

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Quote 101

"You see, the rich are different from you and me: they have more influence. It’s partly a matter of campaign contributions, but it’s also a matter of social pressure, since politicians spend a lot of time hanging out with the wealthy. So when the rich face the prospect of paying an extra 3 or 4 percent of their income in taxes, politicians feel their pain | feel it much more acutely, it’s clear, than they feel the pain of families who are losing their jobs, their houses, and their hopes.

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Quote 98

"… the notion that profit making is the essence of democracy, the notion that economics is divorced from ethics, the notion that the only obligation of citizenship is consumerism, the notion that the welfare state is a pathology, that any form of dependency basically is disreputable and needs to be attacked, I mean, this is a vicious set of assumptions"

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Quote 97

"When they give birth to a son, they put honey on his mouth and place glue in his palms so that when he grows up, he will speak sweet words and grasp coins in his hand as if they were glued there ... They are good at trading, love profit, and go abroad at the age of twenty. They are everywhere profit is to be found."

Description of inhabitants of Samarkand from Chinese Chronicles

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Quote 95

“The upper class keeps all of the money, pays none of the taxes. The middle class pays all of the taxes, does all of the work. The poor are there just to scare the shit out of the middle class. Keep ‘em showin’ up at those jobs.”

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Quote 91

“Let me tell you about the very rich. They are different from you and me. They possess and enjoy early, and it does something to them, makes them soft, where we are hard, cynical where we are trustful, in a way that, unless you were born rich, it is very difficult to understand.”

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