10. «I refrain from
suggesting to
Congress any
specific plan … its
adoption would
not promote the
real and
permanent welfare
of those they
might be designed
to aid»
– Martin van Buren
(D)
13. «Some of the reactionary economists
urged that we should allow the liquidation
to take its course... We would not follow
the advice of the bitter-end liquidationists»
– Herbert Hoover (R)
14. «Practically the whole New Deal was
extrapolated from programs that Hoover
started» – Rexford Tugwell,
F.D. Roosevelt (D) aide
25. «The objective of credit expansion is to favor the
interests of some groups of the population at the
expense of others. This is the best that
interventionism can attain when it does not hurt
the interests of all groups». – Ludwig von Mises