Sounds like Fred had a pretty good understanding of the French Revolution.
Very relevant to today.
Bastiat is brilliant...
http://www.constitution.org/law/bastiat.htm
(thanks to FReeper raygun for the link...several years ago)
On the flyleaf of the book entitled "None Dare Call It Treason" (1964) by Stormer; a first expose on FDR and the exponential acceleration of socialistic policies in the first 1/2 of the 20th century.