James A. Farley Quotes
The millionaires' Union
James A. Farley, 1888-1976, Chairman, Democratic National Committee, U. S. Postmaster General, Name he gave to the American Liberty League, 1936
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Rich people the world over have often sought a safe way to save their money. Unfortunately, in most counties of the world, there is not the rule of law and the limited government that is in the United States and a few other industrial democracies. So the rich of those countries will often avoid investing their money in their own country and instead invest it in the United States or another “safe” country. This lack of patriotism makes development of poorer countries that much more difficult. However, the rulers of those countries rarely do the things necessary to create a reasonably safe environment for investment. Even in America, some wealthy people will invest in other nations or “bet against the dollar” in favor of the Yen, the Swiss Franc or the Euro. During the American Revolution and the War of 1812, there was every reason for wealthy Americans to send their money to England for investment or banking there, However, most American wealthy families were patriotic enough not to maximize their personal income.
Describing the annual conference in Davos, Switzerland where the very wealthy of the world gather and discuss mutual concerns.
Jorge Mario Bergoglio. What was surprising to many observers of the Roman Catholic Church was not that the Pope weighed in on the well-known problem of income disparity, but that he used such dramatic and extreme adjectives. The rich were getting richer “exponentially” which mathematically is about as fast as it can get. Majority income was not just decreasing. It was “crumbling”. Many other popes and statesmen tended to avoid very dramatic adjectives which might be inflammatory.
Salisbury was a brilliant, effective prime minister, but he was a snob and not a democrat. See {639131}.
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James Aloysius Farley was an American politician from New York. A member of the Democratic Party, he was one of the first Irish Catholic politicians in American history to achieve success on a national level. He simultaneously served as chairman of the New York State Democratic Committee, chairman of the Democratic National Committee, and Postmaster General under the first two administrations of President Franklin Roosevelt. A business executive and dignitary and a Knight of Malta, Farley was commonly referred to as a political kingmaker, and he was responsible for Roosevelt's rise to the presidency. Farley was the campaign manager for New York State politician Alfred E. Smith's 1922 gubernatorial campaign and Roosevelt's 1928 and 1930 gubernatorial campaigns as well as Roosevelt's presidential campaigns of 1932 and 1936. Farley predicted large landslides in both, and revolutionized the use of polling data.
