Vindictiveness Quotes
The amendment was pushed by the Republicans in reaction to FDR's four terms, but its practical effect was to limit presidents Eisenhower and Reagan, both Republicans, to 2 terms while they each could have won a third term. Roosevelt had won 4 terms and traumatized the Republicans prompting them to term limit the American Presidency.
“Collegiate management” referred to a government central finance department that would be managed by committees of politicians and/or experts for the entire country. What Google feared was that elites like bankers and merchants would dominate and control the finances of the new government. He preferred to keep most of the financial management at the provincial and city governmental level. Further, that management by committee was inefficient and often produced gridlock. By the 21st century virtually every nation had a central bank or ministry that managed the nation’s finances in a globalized world. And there was a central banker in charge (although the amount of authority differs by nation.) However Gogel’s concern has never been abated. Virtually every country had evolved to where the nation’s finances were operated and/or controlled by elite minorities. The technical and educational requirements forced that to happen.
