Profiteering Quotes
Germany was undergoing a hyper-inflation as the result of a mismanaged economy and the consequence of the First World War. Hitler immediately blamed America and the financers and profiteers. This has been the pattern of almost every government since then that was undergoing a monetary crisis of inflation or deflation—blame the international financers and the Americans.
1st Earl Baldwin of Bewdley
The sense of the word affair is the general purpose, and Smith was referring to the fact when he investigated any proposed or implemented public scheme or law, there was an objective of someone obtaining money as a consequence. As journalists say in covering politics, “follow the money.”
“Profiteers” had two general meanings at the time: First there was the specific set of industrialists who had made large profits out of the First World War. For many it also included capitalists who made large profits.
The congressman had a 93% Conservative voting record and was castigated by right wing talk radio so much that he lost his Republican primary election after 12 years of excellent representation in Congress.