'WASP' is the only ethnic term that is in fact a term of class apart from redneck which is another word for the same group but who are in the lower social strata so it's inexplicably tied up with social standing and culture and history in a way that the other hyphenations just are not.
The history of the last century shows as we shall see later that the advice given to governments by bankers like the advice they gave to industrialists was consistently good for bankers but was often disastrous for governments businessmen and the people generally.
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Our ignorance of history causes us to slander our own times.