PoliticalChic
Diamond Member
- Thread starter
- #141
You left this out:This is your work of fiction promoted earlier in this thread to advance your partisan agenda.You couldn't be more wrong.
You could try....but you wouldn't be successful.
a. FDR hated successful entrepreneurs, because he could not find any way to be successful in business. And.....future capitalists had rejected him in college.
But you couldn't be more wrong. This is the reality of FDR's business dealings that you attempt to distort. He is a capitalist of some success.
Franklin D. Roosevelt was, at one time or another during the 1920s, a vice president of the Fidelity & Deposit Company (120 Broadway); the president of an industry trade association, the American Construction Council (28 West 44th Street); a partner in Roosevelt & O'Connor (120 Broadway); a partner in Marvin, Hooker & Roosevelt (52 Wall Street); the president of United European Investors, Ltd. (7 Pine Street); a director of International Germanic Trust, Inc. (in the Standard Oil Building at 26 Broadway); a director of Consolidated Automatic Merchandising Corporation, a paper organization; a trustee of Georgia Warm Springs Foundation (120 Broadway); a director of American Investigation Corporation (37-39 Pine Street); a director of Sanitary Postage Service Corporation (285 Madison Avenue); the chairman of the General Trust Company (15 Broad Street); a director of Photomaton (551 Fifth Avenue); a director of Mantacal Oil Corporation (Rock Springs, Wyoming); and an incorporator of the Federal International Investment Trust. That's a pretty fair list of directorships. It surely earns FDR the title of Wall Streeter par excellence. Most who work on "the Street" never achieve, and probably never even dream about achieving, a record of 11 corporate directorships, two law partnerships, and the presidency of a major trade association.
CHAPTER 1
You left this out:
a. "....he pursued futile schemes to drill oil in Wyoming, buy ships to cross the Atlantic, and sell stamps that were premoistened....tried to corner the live lobster market...lost $26,000 before bailing out.....he assumed that airplanes were only a passing fad, and he invested in a line of airships, called dirigibles,....tried buying and selling German marks, planting thousands of trees, making cash with vending machines,....lost money in his resort for polio patients in Warm Springs, Georgia- and then, to top that off, he lost more money farming the land nearby."
"A First Class Temperament: The Emergence of Franklin Roosevelt, 1905-1928,"
by Geoffrey C. Ward, p. 658, 756, 768-769, 793; Folsom, "New Deal or Raw Deal," p.24-25
b. "Roosevelt knows nothing about finance, but he doesn't know he doesn't know." Franklin Lane, Woodrow Wilson's Sec'y of the Interior
The Final Case Against Franklin Delano Obama - The Last Resistance
c. FDR became a failed lawyer (without a degree) in 1907
Two presidents, Theodore Roosevelt (1901-1909), and his cousin, Franklin D. Roosevelt (1933-1945), both attended Columbia law school, both withdrew, and both were posthumously awarded degrees in 2008.https://www.washingtonpost.com/news/answer-sheet/wp/2015/02/12/which-u-s-presidents-didnt-earn-a-college-degree-two-of-them-are-on-mount-rushmore/
Never learned to respect the Constitution, it seems.
Neither of them did.
Time and again we see Democrat/Liberal politicians who are either failures in business....FDR.....or who know nothing about enterprise, creating a political milieu that results in a poor economy.....
Such as this:
" In a stunning Tuesday report, Gallup CEO and Chairman Jim Clifton revealed that “for the first time in 35 years, American business deaths now outnumber business births.”Clifton says for the past six years since 2008, employer business startups have fallen below the business failure rate, spurring what he calls “an underground earthquake” that only stands to worsen as lagging U.S. Census data becomes available.
“Let’s get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses,” writes Clifton."
Economic Death Spiral: More American Businesses Dying Than Starting - Breitbart
What I left out was all of your spin, the names of the companies are all there in my post, presented in a factual manner.
FDR was a capitalist who represented wall street interests.His NRA was adapted from the Swope Plan. Gererad Swope was the president of General Electric Company. Glass-Steagall was proposed by Winthrop Aldrich (Chase Bank) and James Perkins (National City Bank), who wanted to weaken Morgan Bank.
This was his modus operandi. He wrote this shortly after becoming the VP Fidelity and Deposit Company of Maryland in 1921.
I am going to take advantage of our old friendship and ask you if you can help me out any [sic] in an effort to get fidelity and contract bonds from the powers that be in Brooklyn.
Franklin D. Roosevelt to Congressman J. A. Maher, March 2, 1922.
These are not the acts of someone who hates successful entrepreneurs, these are the acts of a full fledged capitalist.
Your list was a total fabrication.
It was provided by the congenital liar, Franklin Delano Roosevelt, in a puff piece book edited by his son.
Now....for truth....which is my stock in trade:
1. "A few months before his marriage, Franklin began law school at Columbia University. He attended for two years, never graduated, and displayed neither an aptitude nor a passion for the law. He did pass the bar, though, and worked for a few years at the New York City law firm of Carter, Ledyard, and Milburn. In 1910, however, fellow Democrats from upstate asked Roosevelt to run for political office. He quickly agreed. Although historians are unsure of FDR's precise motives for entering politics, a few reasons seem central. First, FDR truly disliked being a lawyer. Second, he enjoyed meeting new challenges and new people, both of which were integral to political life. Third, politics offered him the opportunity to be a leader, which appealed to his sense of self and conformed to his understanding of his role in the world. Finally, FDR's immense admiration for former President Theodore Roosevelt spurred him to try his hand at politics." Franklin D. Roosevelt: Life Before the Presidency—Miller Center
2. "Franklin studied law at Columbia University Law School and passed the bar exam in 1907, though he didn't receive a degree. For the next three years, he practiced corporate law in New York, living the typical upper-class life. But he found law practice boring and restrictive. He set his sights on greater accomplishments". http://www.biography.com/people/franklin-d-roosevelt-9463381#early-life
3. "FDR resumed his studies at Columbia University Law School, which he had begun in the fall of 1904. He never completed the courses needed to receive an LL.B. degree, but passed the bar examination at the end of three years and began a law practice in New York City. In 1910, FDR won a seat in the New York State Senate."
Franklin D. Roosevelt (1882-1945)
4. "Roosevelt attended law school at Columbia University and worked for several years as a clerk in a Wall Street law firm. In 1910, he entered politics, ...."
Franklin D. Roosevelt - U.S. Presidents - HISTORY.com
Now....where do you see references to a sparking career in business...marked with successful endeavors?????
Where????
No where...."worked for several years as a clerk"....then became, excuse the expression, a politician.
His talent....his only talent....was smiling and shaking hands.
Roosevelt was a poor student, a failure in business, and a mistake as a politician.
God help America, when there are so many easily fooled like you.
Now....where do you see references to a sparking career in business...marked with successful endeavors?????
Where????
My intent is not to portray FDR as a master of business, it is merely to show that he was a capitalist "of some success" who represented wall street interests. Once we can get past your falsely created narrative of FDR as someone who hated business we can then begin to dissect the rest of your bs. You start with a false premise which naturally leads you to false conclusions.
FDR "was a capitalist "of some success" who represented wall street interests.z'
He was no such thing, as I have proven via his own words.
1. Further....until he was confronted with a possible war....he drummed up hatred for the successful, for entrepreneurs, for any businesses not part of government cartels, a la Mussolini's fascist program.
His aim was Mussolini's corporatism.....not a free economy in any shape, manner nor form.
And certainly not under the Constitution.
Of course a command and control economy would never be as efficient as a free market.
Then he had to suck up to them....
2. On May 26, 1940 his Fireside Chat signaled a new relationship with business: he would insure their profits, and assuage their fears that he would nationalize their factories.
a. “…we are calling upon the resources, the efficiency and the ingenuity of the American manufacturers of war material of all kinds -- airplanes and tanks and guns and ships, and all the hundreds of products that go into this material. The Government of the United States itself manufactures few of the implements of war. Private industry will continue to be the source of most of this material, and private industry will have to be speeded up to produce it at the rate and efficiency called for by the needs of the times….Private industry will have the responsibility of providing the best, speediest and most efficient mass production of which it is capable.” On National Defense - May 26, 1940
And all the while.....throwing kisses to Joseph Stalin.
His aim, his desire, his fondest hope, was to be allowed into this club: Stalin, Hitler, Mussolini....the Dictators Club.
3. "Once we can get past your falsely created narrative of FDR as someone who hated business..."
Nothing I post is false in any way.
Get used to it: I am never wrong.