He is a Jewish banker.

Research what ancient philosophers thought about democrazy. Here is Plato: "Oligarchy then degenerates into a democracy where freedom is the supreme good but freedom is also slavery. In democracy, the lower class grows bigger and bigger. The poor become the winners. People are free to do what they want and live how they want. People can even break the law if they so choose. This appears to be very similar to anarchy." "Plato does not believe that democracy is the best form of government. According to him, equality brings power-seeking individuals who are motivated by personal gain. They can be highly corruptible, and this can eventually lead to tyranny. This form of government is unstable, and it lacks leaders with proper skills and morals. Without able and virtuous leaders, who come and go, it is not a good form of government. He sees democracy as dangerous as it motivates the poor against the wealthy rulers. It prioritizes wealth and property accumulation." https://en.m.wikipedia.org/wiki/Plato%27s_five_regimes Here is Aristotle: "Also the things that occur in connection with the final form of democracy are all favorable to tyranny—dominance of women in the homes, in order that they may carry abroad reports against the men, and lack of discipline among the slaves, for the same reason; for slaves and women do not plot against tyrants, and also, if they prosper under tyrannies, must feel well-disposed to them, and to democracies as well" "And it is a mark of a tyrant to have men of foreign extraction rather than citizens as guests at table and companions, feeling that citizens are hostile but strangers make no claim against him." http://www.perseus.tufts.edu/hopper/text?doc=Perseus:abo:tlg,0086,035:5 Or here is John Adams (founding father): "Remember Democracy never lasts long. It soon wastes exhausts and murders itself. There never was a Democracy Yet, that did not commit suicide." https://founders.archives.gov/documents/Adams/99-02-02-6371