"There are men, in all ages, who mean to exercise power usefully; but who mean to exercise it. They mean to govern well; but they mean to govern. They promise to be kind masters; but they mean to be masters." Daniel Webster

Tuesday, December 2, 2008

One Cheer for FDR

Economist Russell Roberts points out something I never knew. Franklin Roosevelt opposed federal deposit insurance on eminently sensible grounds. His words are something for modern Democrats to ponder.

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