Honore de Balzac Quotes
Modern reformers offer nebulous theories or write philanthropic novels. But your thief acts! He is as clear as a fact and as logical as a punch on the nose! And what a style he has!
Balzac, Honoré de. A Harlot High and Low. Translated by James Waring, J.M. Dent & Co., 1896, p. 200.
Kennedy, the father of JFK, had been one of the sleaziest of the stock market manipulators in the country. Prior to 1934 the Republican Hoover philosophy had prevailed letting the market regulate itself. But the practices of many of the Wall Street leaders were by modern standards outright thievery.FDR created the first Commission to regulate publicly traded stock transactions and schemes. He made a shrewd pick with Kennedy who was very egotistical and ambitious for power and recognition for Kennedy not only was an accomplished master at the skullduggery of the day, but he had no loyalty to the wealthy brokerage and financial leadership class as Kennedy was a Roman Catholic and at the time Catholics were never really accepted by upper class Protestant society. He turned out to be not only the first SEC Chairman but the one who demonstrated the efficacy of such regulation. He was then rewarded with the Ambassadorship to England the plum diplomatic assignment of the country.
Honoré de Balzac was a French novelist and playwright. The novel sequence La Comédie humaine, which presents a panorama of post-Napoleonic French life, is generally viewed as his magnum opus.