From USA Today:
Obama said he chose Roosevelt as an example because he took office at a time when wealth was concentrated in a very few hands and because he earned his reputation by going against the rich.
"It was an era known as the gilded age," said the Illinois senator. "Theodore Roosevelt decided not to play along."
Roosevelt earned a repution as a "trust buster," but the gilded age Obama refers to, by most historians' accounts, ended with the Panic of 1893, eight years before Teddy Roosevelt was sworn in as president.
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3 comments:
Dear God what were they thinking
putting a nut job like Obama in
the White House?
Arrogant bug eyed Freak!!!!!!!
Revisit your historians and this time go beyond the community college level. The "Gilded Age" term was coined by Mark Twain and historians attribute its demise to the start of WWI, definitely NOT the Panic of 1893. If such a profound shift were the case, McKinley would have lost in 1896 and JP would not have been asking TR, "You have your man meet with my man and we'll work this out.." in referencing the Northern Securities trust.
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