2016 Postmortem
In reply to the discussion: Let’s Call Establishment Dems What They Are: CORPORATISTS [View all]puffy socks
(1,473 posts)Both their family fortunes come from corporate America !
See? not all wealthy, investors, and business people are bad.
But if the Sanders crowd had read their history before knowing who it was , they'd have strung them both up.
FDR family money was made in dry goods, real estate and sugar imports. Wealth was passed down from generation to generation, with each adding to the amount. Franklin's father made his money by investing in coal and railroads.
Warren Delano, the father of Franklin's mother, apprenticed himself to importing firms in New York and Boston. At the age of twenty-four, he moved to Canton, China. There his amassed a considerable fortune exporting goods from China to the West and importing opium from India to China.
Kennedy made their fortune from Wall Street and managing Bethlehem Steel