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THOMAS SOWELL: Democratic Congress led nation to financial ruin
9/09/10

Posted on 09/09/2010 7:15:03 PM PDT by Libloather

Link only - OPINION: Democratic Congress led nation to financial ruin


TOPICS: Crime/Corruption; Editorial; Government; News/Current Events
KEYWORDS: congress; democrat; ruin; sowell
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And, of course, some numbnut has to rip off Sowell -

Republicans could ruin economy again
Published: Thursday, September 09, 2010
By Robert Mann
Oneida

To The Editor:

The Republican spokesmen in Congress today are advocating exactly the same negative approach as that advocated by the conservative coalition back in 1938.

In 1938, Republicans and Southern Democrats in Congress favored a balanced budget, states’ rights, and restrictions on labor unions. They managed to repeal FDR’s key job-creation programs, which had been making modest headway in the late ‘30s.

In a “Conservative Manifesto,” a South Carolina senator (sounding like today’s Republican leaders John Boehner and Mitch McConnell) promised the public, “Give enterprise a chance, and I will give you the guarantees of a happy and prosperous America.”

The repeal of FDR’s programs resulted in a major economic setback and the continuation of the Great Depression into 1939. The depression ended only with FDR’s “Arsenal of Democracy” policy, which greatly stimulated American manufacturing with generous government contracts. This, plus the expansion of the military, finally ended the Great Depression and produced full employment in the United States. History tells us that the economy will shrink and unemployment will start to rise again if the Republicans take over Congress and block or repeal President Obama’s job-creation programs.

http://oneidadispatch.com/articles/2010/09/09/opinion/doc4c898645e2e28245528724.txt

1 posted on 09/09/2010 7:15:06 PM PDT by Libloather
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To: Libloather

“The repeal of FDR’s programs resulted in a major economic setback and the continuation of the Great Depression into 1939.”

Ya. Remember the 1938 landslide Republican takeover of the House and Senate that led to the repeal of FDR’s programs??? If so, please refresh my memory.


2 posted on 09/09/2010 7:17:22 PM PDT by Brilliant
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To: Libloather

Bwwanny Frank and C. Dodd to blame.


3 posted on 09/09/2010 7:17:59 PM PDT by Paladin2
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To: Libloather
This, plus the expansion of the military, finally ended the Great Depression and produced full employment in the United States.

Somebody failed history and economics. Or maybe I should say should have failed history and economics.

4 posted on 09/09/2010 7:18:29 PM PDT by Felis_irritable
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To: Libloather

In plain English: on the day they’re born, your kids have a debt of billions of dollars to pay, and it’ll be coming out of their paychecks all their lives.

Our president and congress hard at work.


5 posted on 09/09/2010 7:20:11 PM PDT by Jack Hammer
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To: Brilliant

Again, the re-writing of history.


6 posted on 09/09/2010 7:21:07 PM PDT by RC2 (Remember who we are. "I am America")
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To: Brilliant

Just off the top of my head I’m thinking wasn’t that an attempt by the Republicans, NOT a successful attempt either as I believe (correct me if I’m wrong please) that is when FDR threatened, should he not get his way to stack SCOTUS, and the Repubs capitulated???


7 posted on 09/09/2010 7:22:44 PM PDT by rockinqsranch (Dems, Libs, Socialists, call 'em what you will, they ALL have fairies livin' in their trees.)
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To: Felis_irritable

Somebody failed history and economics. Or maybe I should say should have failed history and economics.

With all the discussions about ‘tax cuts for the rich’ with liberals, apparently liberals failed MATH too.


8 posted on 09/09/2010 7:27:05 PM PDT by griswold3 ('Regulation and law without enforcement is no law at all)
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To: Libloather
"THOMAS SOWELL: Democratic Congress led nation to financial ruin"

Ah...another racist.

9 posted on 09/09/2010 7:27:25 PM PDT by blam
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To: Jack Hammer
Our president and congress hard at work.

----------------------------

We're Not Bankrupting the Country Fast Enough

WAKE UP AMERICA

Obama Signs Finance Reform Bill
Obama Signs Finance Reform Bill
10 posted on 09/09/2010 7:31:09 PM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: Libloather

That’s a very good op-ed.


11 posted on 09/09/2010 7:31:30 PM PDT by Norman Bates
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To: Paladin2
Bwwanny Frank and C. Dodd to blame.

Along with the aid of Snowe and a few other mangy RINO'S

12 posted on 09/09/2010 7:32:09 PM PDT by True Grit
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To: Brilliant

Ya. Remember the 1938 landslide Republican takeover of the House and Senate that led to the repeal of FDR’s programs??? If so, please refresh my memory.
_________________________________________________________

Dems had a supermajority in the 1938 Congress.

House of Representatives
Democratic (D): 334 (majority)
Republican (R): 88

Senate
Democratic (D): 76 (majority)
Republican (R): 17


13 posted on 09/09/2010 7:34:49 PM PDT by November 2010
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To: Libloather
Photobucket

14 posted on 09/09/2010 7:36:59 PM PDT by Dick Bachert (The upcoming election is the most important in our lifetimes!!! BE THERE!!!!!!!)
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To: Dick Bachert

Isn’t that a Gary Larson Fireside cartoon modified?


15 posted on 09/09/2010 8:12:36 PM PDT by DB
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To: blam

Sowell is on fire.


16 posted on 09/09/2010 8:22:02 PM PDT by des
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To: DB

Yep. I just updated it to honor the morons in Malfunction Junction.


17 posted on 09/09/2010 8:28:10 PM PDT by Dick Bachert (The upcoming election is the most important in our lifetimes!!! BE THERE!!!!!!!)
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To: Felis_irritable

Twelve million in uniform. Well, that did take care of unemployment,right?


18 posted on 09/09/2010 8:40:05 PM PDT by RobbyS (Pray with the suffering souls.)
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To: Libloather; stephenjohnbanker; TommyDale; Condor51; sickoflibs; KentTrappedInLiberalSeattle

And did you notice?

NOT ONE SINGLE Democrat (candidate or otherwise) is defending “healthcare” or “stimulus.”

“Bailout” is another word that will not emanate from their lips.

As Haley Barbour said, “ Dems are running from Obama like “scalded dogs.”

Dem candidates are usually AWOL when Ohaha comes to campaign.


19 posted on 09/10/2010 4:48:37 AM PDT by Liz
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To: Libloather

Sowell would make a great president.


20 posted on 09/10/2010 5:13:22 AM PDT by w4women ("All great change begins at the dinner table". Ronald Reagan)
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