But [JP] Morgan's view of the President as an equal might have been reasonable given the circumstances: U.S. Steel's revenues that year [1901] were $560 million; the federal government's total revenues through all its taxation powers amounted to $562 million. And Morgan had interests in multiple companies, while poor [Theodore] Roosevelt was a proxy for but one government. -
Bhu SrinivasanNow in many respects Wall Street runs the government and we have no politicians like Teddy Roosevelt to stand up to them.
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