Franklin D. Roosevelt Quotes
Set a thief to catch a thief.
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.
Franklin D. Roosevelt, 1882-1945, 32nd President of the United States (Democrat, NY), Explanation of why he appointed Joseph P. Kennedy as the first Chairman of the Securities and Exchange Commission, 1934
Sourced by: Eigen's Political and Historical Quotations
Kennedy had financed bootlegging operations and had himself been involved in many shady stock deals.
Einstein had changed his mind. He like almost everyone else at the time favored the death penalty, but in 1927 came to the new conclusion for the same reasons that many American politicians stated 70 years later. He had no compunctions against capital punishment for murderers who were dangers to society, but the potential error of the justice system led him to oppose state sanctioned execution. At the time the number of errors in capital cases that had been demonstrated were few. But as a scientist, Einstein knew that all human endeavors were prone to error. He was a strong law and order supporter however—see {588606}.
The “thieves” won in the sense that TR was the choice of the vast majority of the Republican voters of the time, yet the party bosses manipulated the convention to deny Roosevelt the nomination. Taft was nominated, and Roosevelt ran on the Bull Moose Party and outpolled Taft, but they split the Republican vote and lost to Democrat Woodrow Wilson.
Elliott had electrocuted over 400 condemned criminals including Sacco and Vanzetti and the first woman who was electrocuted.
Terror conceptually in France and some other countries was the tool the government used to inhibit criminals.
Franklin Delano Roosevelt, often referred to by his initials FDR, was an American politician who served as the 32nd president of the United States from 1933 until his death in 1945. A member of the Democratic Party, he won a record four presidential elections and became a central figure in world events during the first half of the 20th century. Roosevelt directed the federal government during most of the Great Depression, implementing his New Deal domestic agenda in response to the worst economic crisis in U.S. history. As a dominant leader of his party, he built the New Deal Coalition, which defined modern liberalism in the United States throughout the middle third of the 20th century. His third and fourth terms were dominated by World War II, which ended shortly after he died in office.
