David John Lewis
House of Representatives
During the debate over the Social Security Bill in 1935
"...Fifty years ago when David John Lewis was an undersized boy of 16 working in a Pennsylvania coal mine, he could, like many another, neither read nor write.Last week the House of Representatives gave David John Lewis an ovation worthy of one of its most erudite and social-minded members.
Though illiterate, young "Dave" Lewis learned the gift of eloquence from his father, a Welsh coal miner who was a Baptist preacher by avocation. At 20, Son Lewis went to a labor meeting and spoke so stirringly that a newshawk said to him: " Boy, you ought to be a lawyer." At 23, Lewis was. And ten years later, having settled at Cumberland. Md., he began a political career, long, thorny, courageous..."
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I've heard said that the term "ponzi scheme" ought really to be named "Lewis scheme" in that D J Lewis introduced the Social Security Act bill into the House of Reps in 1935.
ReplyDeleteIn case you haven't noticed, our banking system is a ponzi scheme. Anything that fails when they cash flow needs are exceeded by the greed factor falls into that category.
ReplyDelete