Banks Quote by Ulysses S. Grant
“You can violate the law. The banks may violate the law and be sustained in doing so. But the President of the United States cannot violate the law.”
About This Quote
Source Speech: Remarks on the Constitution, 1870
The president is bound by law, unlike private entities that may evade it for profit.
In simple terms: Presidents must obey the law, banks can sometimes break it.
U leaders must uphold legal limits.
Themes
Mood
Type
When to use this quote
- government policy
- corporate compliance
- public trust
- legal reform
Key Concepts
Questions to Reflect On
- How should illegal corporations be held accountable?
- What mechanisms ensure presidential compliance?
Presidential power can be limited by political realities.