Bankers favor such loans, because banks invest usually in established success, which means that banks invest in the past. Today, in the U.S. and elsewhere, the major political forces are made up of well-established and powerful men. These are men who have the most to lose and hence the least to venture apart from money. Given the liberal establishment of the U.S., it is not surprising that the Democrats command the most wealth in their ranks. The number of wealthy men ready to risk the wrath of the powers that be is very few, and they are under attack.
Power always draws the strongest support.
The conservatives also play the same game. In order to create a movement to win the country over to their cause, conservatives create groups of powerful men, and thereby sentence themselves to impotence, because they have created an alliance, council, or organization of men who have too much to lose to be bold. The result is sterility, and such groups become as effectual on the national scene as a ladies' sewing circle. It was no accident that the major political and social impact of recent years came from student movements. These student groups were sometimes chaotic, disorganized, and highly foolish, but their total impact was remarkably great.