tax in the end, tax on all what he called undistributed profits, so in other words you couldn t save for a rainy day. businesses begged him. mr. rosenfeld, please don t do this. companies argued they needed that money in case of a rainy day. he said you re hoarding money. he passed it. but f.d.r. didn t care if it was bad for business. this is one of his cronies. raymond moley with him for a long time, helped him design the new deal and everything else until he figured out what the heck was going on. he said what are you going to businesses? as for bankers and businessmen he whole heartedly said he welcomed their hatred every time they made an attack on him, he gained votes. he gained votes, but what happened to the country? he said the worst is behind us. 1936. they passed this 1937 through the march of 1938. the market crash, losing 49% of its value. and no one had anything left
tax in the end, tax on all what he called undistributed profits, so in other words you couldn t save for a rainy day. businesses begged him. mr. rosenfeld, please don t do this. companies argued they needed that money in case of a rainy day. he said you re hoarding money. he passed it. but f.d.r. didn t care if it was bad for business. this is one of his cronies. raymond moley with him for a long time, helped him design the new deal and everything else until he figured out what the heck was going on. he said what are you going to businesses? as for bankers and businessmen he whole heartedly said he welcomed their hatred every time they made an attack on him, he gained votes. he gained votes, but what happened to the country? he said the worst is behind us. 1936. they passed this 1937 through the march of 1938. the market crash, losing 49% of its value. and no one had anything left