"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
The 19th Century Bernanke
Submitted by strike on Wed, 2009-09-02 16:00
"Like Ben Bernanke today, Nicholas Biddle cultivated the veneer of a benign civil servant calculating serenely far above the political fray. In reality he, like Bernanke, was up to his neck in the backroom game of power. When Biddle's bureaucratic cradle was rocked, he quickly morphed into a Machiavellian monster."
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