What we set out to do was to ensure that this system of fair shares and the planning and controls continued after the war, and when we won, that's what we did.
Sentiment: POSITIVE
The Spending Control Act. It would recreate President Reagan's grace commission to have a bipartisan commission on how we reduce spending.
We were succeeding. When you looked at specifics, this became a war of attrition. We were winning.
We must take the profit out of war.
We were thus led to organize ourselves, as men who had fought the war together, in order to support those statesmen who had truly understood the lessons of that World War, thus attempting to prevent its recurrence.
It never occurred to me that we would have as grandiose a program as the Marshall Plan, but I felt that we had to do something to save Europe from economic disaster which would encourage the Communist takeover.
I believe the main solution is to gain the trust of Europe and America and to remove their concerns over the peaceful nature of our nuclear industry and to assure them that there will never be a diversion to military use.
You can look at what I did in the Senate. I did introduce legislation to rein in compensation. I looked at ways that the shareholders would have more control over what was going on in that arena. And specifically said to Wall Street, that what they were doing in the mortgage market was bringing our country down.
We advised them to do what they think proper against the war.
We wanted this war and now we've got it, and I'm not sure that we know what to do with it.
The Marshall Plan was after destruction, and the U.S. came to our help and obviously this was very, very important for the future of Europe. I think now we have all the capabilities of doing it on our own and, in a sense, we have to.