Posted on 07/06/2009 7:28:37 AM PDT by Shellybenoit
At times Barack Obama has compared himself and his policies to that of FDR, the President during the Great Depression.That is turning out to be a very valid and frightening comparison.
The traditional social studies text book view is that Herbert Hoover turned a recession into the great depression, by sitting on his hind quarters doing nothing. Actually that is a result of political propaganda of Roosevelt and his administration. The Truth is that both Herbert Hoover and then FDR turned the recession into a depression by OVER-tinkering with the economy. They were like the Tim Allen character on Home Improvement fooling with things until they blew up. Facts are, the Great Depression did not end until America started investing in Big business. That didn't happen until we were forced to take that action because of WWII.
As late as 1938, nine years into the depression, almost one out of five workers remained unemployed. What the government gave with one hand, through increased spending, it took away with the other, through increased taxation, and the increased power of labo
(Excerpt) Read more at yidwithlid.blogspot.com ...
Man....that means we have another World War coming...
I agree. It’s very scary.
So is this, Michelle’s bustle. ;)
http://www.goldensilents.com/images6/bustle.jpg
yup, he will take a recession and turn it into another depression, then start WW3
our POSOTUS....(thats right I said POSOTUS )
I saw a couple of pics of Blackie ‘O’ with a side view, and man it was just like this pic.. not to many pics have side views..of her.. I see why now..
FDR, Mugbe and Chavez. Chavez is to the right of Obama.
Maybe this time the anti-Christ. And another Hitler!
shalom b'SHEM Yah'shua HaMashiach
One difference so far:
The Dow Jones doubled in a very brief time after FDR came into office; so far, it’s declined under BHO.
See this post
Unemployment under FDR
1933 24.9
1934 21.7
1935 20.1
1936 17.0
1937 14.3
1938 19.0
1939 17.2
1940 14.6
1941 9.9
1942 4.7
They both know how to retard economic growth.
A socilaist with unfettered powers, will destroy an economy. Even though we know history, Oboozo is ready to do it again.
Read the section in Michael Medved’s book regarding FDR - he summarizes what REALLY happened very nicely. And Obama is following the same insanity. This man has no clue. His words are entirely empty.
where are all thos war protestors that were out in force during the bush admin?
where are all those war protestors that were out in force during the bush administration?
I would encourage everyone to read “The Forgotten Man” by Amity Schlaes.
This book is a real eye-opener ....and it shows that we are doomed to repeat lessons that weren’t really learned the first time.
Hoover is to G.W.Bush - and FDR is to Obama. Hoover, a nominal Republican (who was disliked by Coolidge - a hero of Ronald Reagan!) ...who believed that government solutions COULD be good. His tinkering made things bad ...and FDR ran for election criticizing Hoover’s failed efforts, but (like Obama) - once elected, he decided to ramp up the spending, government programs, regulations, etc. There were many onerous bills passed that hurt business - and helped keep the economy in the tank. But FDR and his socialist minions (he had lots of communist/socialist sympathizers on his staff) felt that it was more important to shape the government than to really “fix the problems.”
It is totally scary how history is repeating itself. It remains to be seen if the American public will wake up in 2010 and 2012 and recognize that Reagan fixed an economy that was far worse than when Obama became Pres( )ent [he hasn’t shown his ID]. FDR made things worse to help the Democrats, screw the country. Obama will try to do the same. We will find out if we are a nation ready for the saddle and bit - to be rode hard and manipulated as our “masters” desire - or if we will throw off the yoke of tyranny that the Democrat party wants us to wear!
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