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→Theory of the Permanent Crisis: expand
Making provision for war increased business profits. In 1936 Roosevelt had said, "If we face the choice of profits or peace, the nation will answer – must answer - 'We choose peace'. It is the duty of all of us to encourage such a body of public opinion in this country that the answer will be clear." <ref>''Getting Us into War'', Porter Sargent Publisher: P. Sargent, Boston, 1941. [http://americandeception.com/index.php?action=downloadpdf&photo=/PDFsml_AD/Getting_Us_Into_War-Porter_Sargent-1941-640pgs-POL.sml.pdf&id=218&PHPSESSID=03d3557b41f249f71349e6d730cc8498 ''No More Millionaires''], pg. 372 pdf</ref><ref>[http://thinkmarkets.wordpress.com/2010/08/10/%E2%80%9Cnever-let-a-crisis-go-to-waste%E2%80%9D/ Never Let a Crisis Go to Waste]'', Mario Rizzo, August 10, 2010.</ref>
Making provision for war increased business profits. In 1936 Roosevelt had said, "If we face the choice of profits or peace, the nation will answer – must answer - 'We choose peace'. It is the duty of all of us to encourage such a body of public opinion in this country that the answer will be clear." <ref>''Getting Us into War'', Porter Sargent Publisher: P. Sargent, Boston, 1941. [http://americandeception.com/index.php?action=downloadpdf&photo=/PDFsml_AD/Getting_Us_Into_War-Porter_Sargent-1941-640pgs-POL.sml.pdf&id=218&PHPSESSID=03d3557b41f249f71349e6d730cc8498 ''No More Millionaires''], pg. 372 pdf</ref><ref>[http://thinkmarkets.wordpress.com/2010/08/10/%E2%80%9Cnever-let-a-crisis-go-to-waste%E2%80%9D/ Never Let a Crisis Go to Waste]'', Mario Rizzo, August 10, 2010.</ref>
By 1938 Roosevelt embarked on a massive defense appropriations buildup; the Administration would advance 30% to a defense contractor when placing an order. The National City Bank reported an increase of overall business profits in the year 1939 over 1938 of 63.6%, and in its December 1940 Bulletin showed for 284 companies "directly affected by war and defense program" a rise of 79.2%. The ''Wall Street Journal'' reported, "Betterment in profits was naturally more pronounced, as a rule, in those industries benefiting directly or indirectly from the European conflict." <ref>''Wall Street Journal'', May 3, 1940.</ref>
By 1938 Roosevelt embarked on a massive defense appropriations buildup; the Administration would advance 30% to a defense contractor when placing an order. The National City Bank reported an increase of overall business profits in the year 1939 over 1938 of 63.6%, and in its December 1940 Bulletin showed for 284 companies "directly affected by war and defense program" a rise of 79.2%. The ''Wall Street Journal'' reported, "Betterment in profits was naturally more pronounced, as a rule, in those industries benefiting directly or indirectly from the European conflict." <ref>''Wall Street Journal'', May 3, 1940.</ref>
On February 28, 1934, Elliott Roosevelt, son of President Franklin Roosevelt, and [[Anthony Fokker]] each received half a million dollars for selling fifty military aircraft to the Soviet government. <ref>[http://www.time.com/time/magazine/article/0,9171,756770-2,00.html ''Son's Scheme''], Time magazine, Oct. 19, 1936,</ref>
Curtiss-Wright Aircraft, to enlarge its plant, received a loan of $92 million at 4%. [[I. F. Stone]] of ''[[The Nation]]'' magazine wrote,
Curtiss-Wright Aircraft, to enlarge its plant, received a loan of $92 million at 4%. [[I. F. Stone]] of ''[[The Nation]]'' magazine wrote,