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1 posted on 03/29/2013 11:52:42 AM PDT by blam
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To: blam

And the worst part of the Great Depression was not in 1933, but in 1938, after some five years of the FDR Administration trying to “fix” things though the so-called “New Deal”. The reason it was not much worse than it was, could be found in the declaration by the Supreme Court that much of the “National Reconstruction Act” was unConstitutional.

We have no such fallback position today. The Supreme Court is probably a lost cause as well, so far as the sanctity of our legal system goes. Whether a law is Constitutional or not is no longer the prime consideration of this Supreme Court.


2 posted on 03/29/2013 1:05:53 PM PDT by alloysteel (Every generation laughs at the old fashions, but follows religiously the new.)
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To: blam
... for a total cost of 1.6 years of GDP. The damage is thus almost equal to that of the Great Depression – and equally painful, even though America’s real GDP today is 12 times higher than it was in 1929.

You will never hear that blasted on ABCCBSNBCCNN.

3 posted on 03/29/2013 1:32:34 PM PDT by VRW Conspirator (Cyprus - the beginning)
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