Tuesday, July 26, 2011

Malefactors of great wealth

John Quiggin at CT:
What the US needs at this point is someone willing to advocate a return to the economic institutions that made America great – 90 per cent top marginal tax rates, strong trade unions, weak banks and imprisonment for malefactors of great wealth.
I associate the phrase "malefactors of great wealth" with FDR, but it was first used by TR.

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