---
title: "Meaning & Key Takeaway of: There is no possible defense of a system…"
description: "\"“There is no possible defense of a system which permitted the accumulation of mountainous fortunes by a few clever and often highly unscrupulous financ..."
image: "https://sms4smile.com/quotes/i/27b/joseph-casper-husslein-36989_daily-bread_there-is-no-possible-defense-of-a-system_1381732.jpg"
---

#  There is no possible defense of a system which permitted…

![“There is no possible defense of a system which permitted the accumulation of mountainous fortunes by a few clever and often highly unscrupulous financiers who held in their hands the fates of millions of their fellow-men, and had in their grasp the power of the press by which they formed the…” quote by Joseph Casper Husslein](https://sms4smile.com/quotes/i/27b/joseph-casper-husslein-36989_daily-bread_there-is-no-possible-defense-of-a-system_1381732.jpg)   [Download](https://sms4smile.com/quotes/i/27b/joseph-casper-husslein-36989_daily-bread_there-is-no-possible-defense-of-a-system_1381732.jpg) [Open image](https://sms4smile.com/quotes/i/27b/joseph-casper-husslein-36989_daily-bread_there-is-no-possible-defense-of-a-system_1381732.jpg)

> ““There is no possible defense of a system which permitted the accumulation of mountainous fortunes by a few clever and often highly unscrupulous financiers who held in their hands the fates of millions of their fellow-men, and had in their grasp the power of the press by which they formed the opinions of the very people who helplessly looked to them for their dole of daily bread.””

[Joseph Casper Husslein](https://sms4smile.com/quotes/author/joseph-casper-husslein/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

A few unscrupulous financiers dominate wealth and media, shaping public opinion and exploiting the masses.

**In simple terms:** Rich financiers control money and media, harming the public.

Key Takeaway

Demand accountability and media diversity.

Themes

wealth media power inequality ethics

Mood

skeptical urgent

Type

philosophical political

When to use this quote

- policy reform
- media literacy
- financial regulation
- public advocacy

Key Concepts

oligarchy public opinion exploitation

Questions to Reflect On

- What mechanisms can limit financial influence on media?
- How can ordinary people regain agency?

A Different Perspective

Not all financiers are corrupt; reforms may be limited by entrenched interests.

★ ★ ★ ★ ★   No ratings yet

[Daily bread](https://sms4smile.com/quotes/about/daily-bread/) [Financiers](https://sms4smile.com/quotes/about/financiers/) [Financiers Held](https://sms4smile.com/quotes/about/financiers-held-4789095/) [Highly Unscrupulous](https://sms4smile.com/quotes/about/highly-unscrupulous-4789097/) [Mountainous Fortunes](https://sms4smile.com/quotes/about/mountainous-fortunes-4789096/) [Unscrupulous Financiers](https://sms4smile.com/quotes/about/unscrupulous-financiers-4789094/) [Wealth](https://sms4smile.com/quotes/about/wealth/)

## Related quotes

> [Today I will once more be a prophet. If the international Jewish financiers, inside and outside Europe, succeed in plunging the nations once more…](https://sms4smile.com/quotes/adolf-hitler/today-i-will-once-more-be-a-prophet-if-the-international-jewish/)

[Adolf Hitler](https://sms4smile.com/quotes/author/adolf-hitler/)

> [Well, the film industry is completely sexist and completely class-biased. It's not something I get on the ground level, it's more from financiers and…](https://sms4smile.com/quotes/lynne-ramsay/well-the-film-industry-is-completely-sexist-and-completely-class/)

[Lynne Ramsay](https://sms4smile.com/quotes/author/lynne-ramsay/)

> [There's a lot of young guys coming along, but I'd like to say to the various financiers, don't forget the senior guys. The senior…](https://sms4smile.com/quotes/clint-eastwood/there-s-a-lot-of-young-guys-coming-along-but-i-d-like-to-say-to-the/)

[Clint Eastwood](https://sms4smile.com/quotes/author/clint-eastwood/)

> [“Corporate finance, which services the corporations and governments that borrow money, and that are known as “clients,” is, by comparison, a refined and unworldly…](https://sms4smile.com/quotes/michael-lewis/corporate-finance-which-services-the-corporations-and-governments/)

[Michael Lewis](https://sms4smile.com/quotes/author/michael-lewis/)

> [ We were not foolish enough to try to make a currency \[backed by\] gold of which we had none, but for every mark that… ](https://sms4smile.com/quotes/adolf-hitler/we-were-not-foolish-enough-to-try-to-make-a-currency-backed-by-gold/)

[Adolf Hitler](https://sms4smile.com/quotes/author/adolf-hitler/)

> [If your financiers care about the movie, they will be involved in a very constructive fashion, but it can get out of hand very…](https://sms4smile.com/quotes/david-lowery/if-your-financiers-care-about-the-movie-they-will-be-involved-in-a/)

[David Lowery](https://sms4smile.com/quotes/author/david-lowery/)

> [Back horses or go down to Throgmorton Street and try to take it away from the Rothschilds, and I will applaud you as a…](https://sms4smile.com/quotes/p-g-wodehouse-2/back-horses-or-go-down-to-throgmorton-street-and-try-to-take-it-away/)

[P. G. Wodehouse](https://sms4smile.com/quotes/author/p-g-wodehouse-2/)

> [The manipulation of credit has been the most potent of all methods employed by financiers as a means of controlling commerce and fixing prices.We…](https://sms4smile.com/quotes/charles-lindbergh/the-manipulation-of-credit-has-been-the-most-potent-of-all-methods/)

[Charles Lindbergh](https://sms4smile.com/quotes/author/charles-lindbergh/)

> [“The one aim of these financiers is world control by the creation of inextinguishable debt.”](https://sms4smile.com/quotes/henry-ford/the-one-aim-of-these-financiers-is-world-control-by-the-creation-of/)

[Henry Ford](https://sms4smile.com/quotes/author/henry-ford/)

> [Financiers are great mythomaniacs, their explanations and superstitions are those of primitive men; the world is a jungle to them.They perceive acutely that they…](https://sms4smile.com/quotes/christina-stead/financiers-are-great-mythomaniacs-their-explanations-and/)

[Christina Stead](https://sms4smile.com/quotes/author/christina-stead/)

> [“The craft, trade, agriculture, science, a large part of the art - all this can only stand on a broad base , on a…](https://sms4smile.com/quotes/friedrich-nietzsche/the-craft-trade-agriculture-science-a-large-part-of-the-art-all-this/)

[Friedrich Nietzsche](https://sms4smile.com/quotes/author/friedrich-nietzsche/)

> [“The Fed’s policies have been an unqualified success for financiers and an abject failure for the bottom 99.5% who have to work for a…](https://sms4smile.com/quotes/ziad-k-abdelnour/the-fed-s-policies-have-been-an-unqualified-success-for-financiers/)

[Ziad K. Abdelnour](https://sms4smile.com/quotes/author/ziad-k-abdelnour/)

> [Legislators who are of even average intelligence stand out among their colleagues. . . . A cultured college president has become as much a…](https://sms4smile.com/quotes/bergen-evans/legislators-who-are-of-even-average-intelligence-stand-out-among/)

[Bergen Evans](https://sms4smile.com/quotes/author/bergen-evans/)

> [There was a time when I first started that there was such a thing called 'a woman's film' and there were certain scripts that…](https://sms4smile.com/quotes/gurinder-chadha/there-was-a-time-when-i-first-started-that-there-was-such-a-thing/)

[Gurinder Chadha](https://sms4smile.com/quotes/author/gurinder-chadha/)

> [The thing about movies these days is that the commerce end of it is so inflated and financiers are just expecting this enormous return…](https://sms4smile.com/quotes/alex-winter/the-thing-about-movies-these-days-is-that-the-commerce-end-of-it-is/)

[Alex Winter](https://sms4smile.com/quotes/author/alex-winter/)

## More by Joseph Casper Husslein

> [“The dominance of wealth, or the particular capitalistic régime under which the great masses of the people are possessed of little but their labor…](https://sms4smile.com/quotes/joseph-casper-husslein/the-dominance-of-wealth-or-the-particular-capitalistic-r-gime-under/)

[Joseph Casper Husslein](https://sms4smile.com/quotes/author/joseph-casper-husslein/)

> [“Mr. Nelson Morris, twenty-six years old, endowed with a salary of $75,000, admitted that neither he nor Mr. Ferris, who determined employees' wages, ever…](https://sms4smile.com/quotes/joseph-casper-husslein/mr-nelson-morris-twenty-six-years-old-endowed-with-a-salary-of-75-000/)

[Joseph Casper Husslein](https://sms4smile.com/quotes/author/joseph-casper-husslein/)

> [“Shortly before the outbreak of the Great War it was calculated that four per cent of the population of England held ninety per cent…](https://sms4smile.com/quotes/joseph-casper-husslein/shortly-before-the-outbreak-of-the-great-war-it-was-calculated-that/)

[Joseph Casper Husslein](https://sms4smile.com/quotes/author/joseph-casper-husslein/)

> [“It is an entirely false notion that the enormous fortunes of our day are an economic necessity, and that social legislation which would curb…](https://sms4smile.com/quotes/joseph-casper-husslein/it-is-an-entirely-false-notion-that-the-enormous-fortunes-of-our-day/)

[Joseph Casper Husslein](https://sms4smile.com/quotes/author/joseph-casper-husslein/)

> [“No social legislation can ever be final. Economic conditions are in a constant state of fluctuation, and periods of tranquility are followed by renewed…](https://sms4smile.com/quotes/joseph-casper-husslein/no-social-legislation-can-ever-be-final-economic-conditions-are-in-a/)

[Joseph Casper Husslein](https://sms4smile.com/quotes/author/joseph-casper-husslein/)

> [“Nothing is truer than the statement shrewdly made in a Hearst paper, that there are just two things that operate decisively upon the intelligence…](https://sms4smile.com/quotes/joseph-casper-husslein/nothing-is-truer-than-the-statement-shrewdly-made-in-a-hearst-paper/)

[Joseph Casper Husslein](https://sms4smile.com/quotes/author/joseph-casper-husslein/)

> [“The class of small farmers is the strength and support of the nation.”](https://sms4smile.com/quotes/joseph-casper-husslein/the-class-of-small-farmers-is-the-strength-and-support-of-the-nation/)

[Joseph Casper Husslein](https://sms4smile.com/quotes/author/joseph-casper-husslein/)

> [“The one essential class of workers, as an editorial writer in a New York Daily recently remarked, are the farmers.”](https://sms4smile.com/quotes/joseph-casper-husslein/the-one-essential-class-of-workers-as-an-editorial-writer-in-a-new/)

[Joseph Casper Husslein](https://sms4smile.com/quotes/author/joseph-casper-husslein/)

> [“A civilization in which frequent unemployment on the part of a multitude of men, able and willing to work, is a normal condition, has…](https://sms4smile.com/quotes/joseph-casper-husslein/a-civilization-in-which-frequent-unemployment-on-the-part-of-a/)

[Joseph Casper Husslein](https://sms4smile.com/quotes/author/joseph-casper-husslein/)

> [“To my mind, governments are bound to provide against unemployment so far as they may, and then to provide for the unemployed. It is…](https://sms4smile.com/quotes/joseph-casper-husslein/to-my-mind-governments-are-bound-to-provide-against-unemployment-so/)

[Joseph Casper Husslein](https://sms4smile.com/quotes/author/joseph-casper-husslein/)

> [ “It \[cooperative banking and cooperative stores\] is the spirit of brotherhood returned to earth; . . . it is true appreciation of the worth… ](https://sms4smile.com/quotes/joseph-casper-husslein/it-cooperative-banking-and-cooperative-stores-is-the-spirit-of/)

[Joseph Casper Husslein](https://sms4smile.com/quotes/author/joseph-casper-husslein/)

[Explore all 12 Joseph Casper Husslein quotes ](https://sms4smile.com/quotes/author/joseph-casper-husslein/)

## More Daily bread quotes

> [“There is a night that never comes to an end… The clock of the world turns under its own shadow. Midnight is a moving…](https://sms4smile.com/quotes/terry-pratchett/there-is-a-night-that-never-comes-to-an-end-the-clock-of-the-world/)

[Terry Pratchett](https://sms4smile.com/quotes/author/terry-pratchett/)

> [“He told me it was for men of desperate fortunes on one hand, or of aspiring, superior fortune on the other, who when abroad…](https://sms4smile.com/quotes/daniel-defoe/he-told-me-it-was-for-men-of-desperate-fortunes-on-one-hand-or-of/)

[Daniel Defoe](https://sms4smile.com/quotes/author/daniel-defoe/)

> [Outdoors we are confronted everywhere with wonders; we see that the miraculous is not extraordinary, but the common mode of existence. It is our…](https://sms4smile.com/quotes/wendell-berry/outdoors-we-are-confronted-everywhere-with-wonders-we-see-that-the/)

[Wendell Berry](https://sms4smile.com/quotes/author/wendell-berry/)

> [We belong to an age where apocalypse is our daily bread, coffee's black, and we know we're part of the abyss. Red Spider White…](https://sms4smile.com/quotes/brian-aldiss/we-belong-to-an-age-where-apocalypse-is-our-daily-bread-coffee-s/)

[Brian Aldiss](https://sms4smile.com/quotes/author/brian-aldiss/)

> [“The undiscerning observer may think that this mixture of ideal and reality, of the human and spiritual, is most likely to be present where…](https://sms4smile.com/quotes/dietrich-bonhoeffer/the-undiscerning-observer-may-think-that-this-mixture-of-ideal-and/)

[Dietrich Bonhoeffer](https://sms4smile.com/quotes/author/dietrich-bonhoeffer/)

> [“Modern Our Father, who is in heaven, blessed be your name. Give us our daily bread today. All three of these languages were rich,…](https://sms4smile.com/quotes/john-mcwhorter/modern-our-father-who-is-in-heaven-blessed-be-your-name-give-us-our/)

[John McWhorter](https://sms4smile.com/quotes/author/john-mcwhorter/)

> [“Our father who art in heaven Hallowed be thy name thy kingdom come thy will be done on earth as it is in heaven.…](https://sms4smile.com/quotes/the-holy-bible/our-father-who-art-in-heaven-hallowed-be-thy-name-thy-kingdom-come/)

[the holy bible](https://sms4smile.com/quotes/author/the-holy-bible/)

> [ This letter \[to the Romans\] is truly the most important piece in the New Testament. It is purest Gospel. It is well worth a… ](https://sms4smile.com/quotes/martin-luther/this-letter-to-the-romans-is-truly-the-most-important-piece-in-the/)

[Martin Luther](https://sms4smile.com/quotes/author/martin-luther/)

> [“9 “Therefore, you should pray like this:  Our Father in heaven, Your name be honored as holy.  10 Your kingdom come. Your will be done on…](https://sms4smile.com/quotes/anonymous/9-therefore-you-should-pray-like-this-our-father-in-heaven-your-name/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [“Nobody knew literature and history better than these people, nobody could write better Russian than they, nobody despised our times more profoundly. For these…](https://sms4smile.com/quotes/joseph-brodsky/nobody-knew-literature-and-history-better-than-these-people-nobody/)

[Joseph Brodsky](https://sms4smile.com/quotes/author/joseph-brodsky/)

> [“If our heart and mind are focused on experiencing food as a love note from God, eating becomes not only a way to nourish…](https://sms4smile.com/quotes/gabriel-cousens/if-our-heart-and-mind-are-focused-on-experiencing-food-as-a-love-note/)

[Gabriel Cousens](https://sms4smile.com/quotes/author/gabriel-cousens/)

> [We’re supposed to depend upon God for our protection and our provision and for our daily bread, not for our government.](https://sms4smile.com/quotes/sharron-angle/we-re-supposed-to-depend-upon-god-for-our-protection-and-our/)

[Sharron Angle](https://sms4smile.com/quotes/author/sharron-angle/)

> [The doctrine of vocation deals with how God works through human beings to bestow His gifts. God gives us this day our daily bread…](https://sms4smile.com/quotes/anonymous/the-doctrine-of-vocation-deals-with-how-god-works-through-human/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [The stage I chose--a subject fair and free-- 'Tis yours--'tis mine--'tis public property. All common exhibitions open lie, For praise or censure, to the…](https://sms4smile.com/quotes/charles-churchill/the-stage-i-chose-a-subject-fair-and-free-tis-yours-tis-mine-tis/)

[Charles Churchill](https://sms4smile.com/quotes/author/charles-churchill/)

> [At first an ordeal and then an accomplishment, the daily run becomes a staple, like bread, or wine, a fine marriage, or air. It…](https://sms4smile.com/quotes/benjamin-cheever/at-first-an-ordeal-and-then-an-accomplishment-the-daily-run-becomes-a/)

[Benjamin Cheever](https://sms4smile.com/quotes/author/benjamin-cheever/)

[Browse all 181 Daily bread quotes ](https://sms4smile.com/quotes/about/daily-bread/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "“There is no possible defense of a system which permitted the accumulation of mountainous fortunes by a few clever and often highly unscrupulous financiers who held in their hands the fates of millions of their fellow-men, and had in their grasp the power of the press by which they formed the opinions of the very people who helplessly looked to them for their dole of daily bread.”",
            "creator": {
                "@type": "Person",
                "name": "Joseph Casper Husslein"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/joseph-casper-husslein/there-is-no-possible-defense-of-a-system-which-permitted-the/",
            "about": {
                "@type": "Thing",
                "name": "Daily bread"
            },
            "@id": "https://sms4smile.com/quotes/joseph-casper-husslein/there-is-no-possible-defense-of-a-system-which-permitted-the/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/27b/joseph-casper-husslein-36989_daily-bread_there-is-no-possible-defense-of-a-system_1381732.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/27b/joseph-casper-husslein-36989_daily-bread_there-is-no-possible-defense-of-a-system_1381732.jpg",
                "url": "https://sms4smile.com/quotes/i/27b/joseph-casper-husslein-36989_daily-bread_there-is-no-possible-defense-of-a-system_1381732.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“There is no possible defense of a system which permitted the accumulation of mountainous fortunes by a few…” — Joseph Casper Husslein",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Joseph Casper Husslein",
                    "item": "https://sms4smile.com/quotes/author/joseph-casper-husslein/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "“There is no possible defense of...",
                    "item": "https://sms4smile.com/quotes/joseph-casper-husslein/there-is-no-possible-defense-of-a-system-which-permitted-the/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/joseph-casper-husslein/there-is-no-possible-defense-of-a-system-which-permitted-the/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
