I entered the world of business knowing absolutely nothing about how that world operated. And, I realized that the only way to find out what that world was, and consisted of, would be to become part of it. And I then acquired some experience in the manufacturing world, and in the world of international communications, and finally chose banking as the field I wished to devote my life to.

I was fortunate enough, to secure a position in one of the important banks in New York. I lived there. I lived through the conditions which led up to what is known as the crash of 1929. I witnessed what is tantamount to a collapse of the structure of the United States as a whole.

Much to my surprise, my superiors, in the middle of the panic in which they were immersed, confronted me. I was confronted with the question, "Norm, what do we do now?"

I was thirty at the time, and I had no more right to have an answer to that question than the man in the moon. However, I did manage to say to my superiors, "Gentlemen, you take this experience as proof of something that you do not know about banking." And you better go find out what that something is, and act accordingly.

Four days later, I was confronted by these same superiors, with a statement to the effect that, “Norm, you go find out.” And I really was fool enough to accept that assignment, because it meant that you were going out to search for something, and nobody could tell you what you were looking for. I felt so strongly on the subject that I consented to it.

I was relieved of all normal duties inside the bank and, two and a half years later, I felt that it was possible to report back to those who had given me this assignment. So, I rendered such a report and, as a result of the report I rendered, I was told the following: "Norm, what you are saying is, we should return to sound banking." And I said, “Yes, in essence, that's exactly what it is that I am saying.”

Whereupon, I got my first shock, which was a statement from them to this effect: "We will never see sound banking in the United States again." And they cited chapter and verse, to support that statement.

What they cited was as follows: since the end of WWI, we have been responsible for what they call the institutionalizing of conflicting interests. And they are so prevalent inside this country, that they can never be resolved.

This came to me as an extraordinary shock because the men who made this statement were men who were deemed as the most prominent bankers in the country. The bank of which I was a part was spoken of a Morgan bank. Coming from men of that caliber, a statement of that kind made a tremendous impression on me.

Norman Dodd.

Everyone in the country should listen to this interview it will blow your mind.
https://www.youtube.com/watch?v=YUYCB...

OMG, you found one! An honest politician admitting his dishonesty. That is almost as rare as finding an evasive square circle.

Thank you brother,
I have copied and sent to all my email contacts except you.

This was brilliant. Thanks for sharing!

Super, Carl!

"To advance my career I must find a problem people worry about—or can be persuaded to worry about—and then convince them I’m a better bet to solve it than the other candidate. "

Herein lies the essence - to persuade the sheeple to worry about things, even though there is no solution.

The politician knows that but the sheeple does not.

That is why the politician is the most destructive and immoral species on this Earth. Especially if he is on the left.

I have a friend who worries about everything. I finally asked her if worrying solved any of her problems. She agreed it did not. I said, 'Well, Miss Scarlett, welcome back to Tara!'