The President and the Oligarch
Roosevelt, Mellon and the Triumph of Big Government
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The President and the Oligarch
Lu par :
Eric Yang
Acheter pour 17,99 €
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Lu par :
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Eric Yang
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De :
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Greg Steinmetz
À propos de ce contenu audio
By any measure, Franklin D. Roosevelt is one our most admired presidents. But behind the beaming smile and folksy fireside chats was a ruthless politician willing to use the massive powers of the federal government to crush his enemies. In this thrilling exposé, Greg Steinmetz recounts how FDR targeted America’s third-richest man to prove his progressive credentials and rally support for his sweeping social agenda.
He found his scapegoat in former Treasury Secretary Andrew Mellon. Mellon’s name dripped riches. More than any other, it symbolized the Roaring Twenties economic boom and the crack up that followed. FDR publicly blamed Mellon for the Great Depression, using him as a convenient diversion from the New Deal’s failure to bring jobs back to a devastated economy.
Roosevelt tortured the aging, frail and reclusive Mellon, cooking up a fake criminal charge in a bid to put him behind bars. When that fizzled, Roosevelt kept up the fight by making Mellon miserable in tax court. Mellon died before the verdict but not until, one final, jaw dropping twist occurred in this strange clash of titans.
This shocking book reveals the secret sinister side of Roosevelt—and explains how bigovernment won out of over the libertarian economic order that had reigned since the birth of the republic.
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Commentaires
"Yang’s narration underscores the narrative’s clarity, balance, and wealth of research." —Kirkus
"Andrew Mellon was treasury secretary under three Republican presidents in the 1920s—and the man whose hands-off philosophy was blamed for the 1929 market crash. Eric Yang is an appealing narrator with a steady, evenhanded delivery. After Roosevelt became president, Mellon spent years in court for tax evasion but still gifted his extensive art collection to found the National Gallery. Mellon and his troubles with the Roosevelt administration are merely the core of a rich narrative that encompasses the 1920s bull market, the crash, and the difficult transition from Hoover’s administration to Roosevelt’s." —Kirkus
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