"American fascism will not be really dangerous until there is a purposeful coalition among the cartelists, the deliberate poisoners of public information... Fascism is a worldwide disease... greatest threat to the United States will come after the war... within the United States itself."

“They claim to be super-patriots, but they would destroy every liberty guaranteed by the Constitution. They demand free enterprise, but are the spokesmen for monopoly and vested interest. Their final objective toward which all their deceit is directed is to capture political power so that, using the power of the state and the power of the market simultaneously, they may keep the common man in eternal subjection.”

“If we define an American fascist as one who in case of conflict puts money and power ahead of human beings, then there are undoubtedly several million fascists in the United States. There are probably several hundred thousand if we narrow the definition to include only those who in their search for money and power are ruthless and deceitful. ... They are patriotic in time of war because it is to their interest to be so, but in time of peace they follow power and the dollar wherever they may lead.”

“My first introduction to economics came by way of Professor B.H. Hibbard. I remember being asked in 1910, at the close of my college course, who had influenced me most, and I said Professor Hibbard. Later, of course, we came to disagree violently about the McNary-Haugen Bill and some other things; but I still think that Professor Hibbard is a very good teacher.”

“The dangerous American fascist is the man who wants to do in the United States in an American way what Hitler did in Germany in a Prussian way.”

“The American fascist would prefer not to use violence. His method is to poison the channels of public information..”

“With a fascist the problem is never how best to present the truth to the public but how best to use the news to deceive the public.”