If there must be madness, something may be said for having it on a heroic scale - John Kenneth Galbraith

But it can be laid down as a rule that those who speak most of liberty are least inclined to use it.

The fact was that American enterprise in the twenties had opened its hospitable arms to an exceptional number of promoters, grafters, swindlers, impostors, and frauds.

There would also be, we may be certain, the traditional reassuring words from Washington. Always when markets are in trouble, the phrases are the same: “The economic situation is fundamentally sound” or simply “The fundamentals are good.” All who hear these words should know that something is wrong.