Real Truth Quotes
FDR even admitted that very wealthy men and corporations controlled most U. S. governments including the administration of his own political party. Roosevelt did a great deal to improve the situation but by the latter years of the 20th century, private financial entities gained back much of the influence and control. The result was the Meltdown of 2008 and the Great Recession, where another set of regulations and laws (Dodd-Frank) was made law by the Obama Administration. However, the financial corporations still had enormous political influence as a result of unlimited campaign contributions to politicians and unlimited lobbying.
President Andrew Jackson was the first President who went after them. The mechanism of these men has been bribes, much more common in early and middle America than today where campaign contributions are a legalized way of the wealthy having more influence on the control of the country. The other way was by the control of the money supply, the markets and banking. Jackson would not go along with allowing a small number of very wealthy bankers to control the monetary policy of the country. In modern times, there are a number of left and right wingers who see the private Federal Reserve Bank and its secrecy as an example of what Roosevelt was referring to,
