A great industrial nation is controlled by its system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world--no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men. --President Woodrow Wilson
From now on, depressions will be scientifically created. -- Congressman Charles A. Lindbergh Sr. , 1913
It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. -- Henry Ford
It is probably because Rick Wagoner understands. Rick Wagoner is chairman and CEO of General Motors. Chris Dodd is pointing at Wagoner and screaming "Witch!"
I believe that the longer Wagoner stays in the public eye, the sooner the truth of the origin of the financial crisis becomes clear. It's the last thing Dodd wants to see. If he can waste Wagoner, a convenient scapegoat is created., and maybe the heat comes off.
For those unclear on the link between the current crisis and Senator Dodd, here's sauce for the gander.
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