"Banks are an almost irresistible attraction for that element of our society which seeks unearned money"
About this Quote
The subtext is classic Hoover: social order is fragile, and predation is an ever-present “element” within society, not an aberration. That word choice is telling. “Element” reduces criminals to a category, a contaminant you can isolate and neutralize, aligning with Hoover’s broader law-and-order worldview and the Bureau’s desire to present crime as a manageable threat requiring professional policing, not social reform.
Context matters. Hoover rose to prominence as the federal government expanded its reach, and the Great Depression era made banks both literal flashpoints (failures, runs) and cultural icons (the Dillinger myth, the folk-hero bandit). His sentence aims to puncture the romance: robbing a bank isn’t rebellion; it’s greed with a gun. Yet there’s an irony he leaves untouched: banks also attract another kind of “unearned money” - legal, institutional, and sanitized - and Hoover’s moral clarity depends on keeping that parallel offstage.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Hoover, J. Edgar. (2026, January 16). Banks are an almost irresistible attraction for that element of our society which seeks unearned money. FixQuotes. https://fixquotes.com/quotes/banks-are-an-almost-irresistible-attraction-for-120077/
Chicago Style
Hoover, J. Edgar. "Banks are an almost irresistible attraction for that element of our society which seeks unearned money." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/banks-are-an-almost-irresistible-attraction-for-120077/.
MLA Style (9th ed.)
"Banks are an almost irresistible attraction for that element of our society which seeks unearned money." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/banks-are-an-almost-irresistible-attraction-for-120077/. Accessed 18 Feb. 2026.









