J. P. Morgan Quotes
Don't sell America short.
J. Pierpont Morgan, 1837-1913, Financier, Attributed
Sourced by: Eigen's Political and Historical Quotations
Obama was the first sitting president to ever use the actual phrase. Others had talked about the concept but never used the words.
Belrin had actually written an earlier version during World War I
Harding, in his quest for the 1920 Republican presidential nomination, attempted to be as non-controversial as possible. His "6 Point Program" was:
Actually the statement is not literally true though the exceptions are not numerous. People who sold their American common stocks before the 1929 stock market made money. The few people who bet against the U. S. Housing and Mortgage markets before the Meltdown of 2008, made a great deal of money. Over extended long periods, Biden’s statement is true.
John Pierpont Morgan was an American financier and banker who dominated corporate finance on Wall Street throughout the Gilded Age. As the head of the banking firm that ultimately became known as J.P. Morgan and Co., he was a driving force behind the wave of industrial consolidation in the United States spanning the late 19th and early 20th centuries.