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It’s funny; the Big Lie has a long pedigree. A year or so ago, I was leafing through Ron Chernow’s indispensable history of the Morgan financial interests, and found this interesting exchange between FDR and Russell Leffingwell, a Morgan partner and Washington fixer, a sort of Robert Strauss of his day. It dates from the summer of 1932, with FDR not yet in office....
The other day, I was leafing through John Kenneth Galbraith's book, The Great Crash, 1929 -- published in 1954!
Imagine my wry amusement to find a chapter entitled, "In Goldman, Sachs We Trust"!!
"Those who do not learn from history, are doomed to repeat it." · · ·
