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To: xzins

We’d get a Warren Gamaliel Harding.


5 posted on 06/19/2015 7:33:50 PM PDT by 2ndDivisionVet (You can help: https://donate.tedcruz.org/c/FBTX0095/)
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To: 2ndDivisionVet
Warren Harding was a much under rated President. He did a significant better job than his predecessor and also gave us the second best President in the 20th Century in the personage of Calvin Coolidge.

He was tarnished by a crooked cabinet member, but even the Tea Pot Dome scandal was mild when compared to the insanity of a rapist in the Oval Office and a man who breaks even laws named after himself.

I advise anyone who is interested in how to fight a modern financial panic to look to Harding and Coolidge in their handling the Depression that wasn't in the Panic of 1920. It is text book as to the ability to grow revenue and employment through limiting the distorting of an economy by the central government.

https://mises.org/library/forgotten-depression-1920

http://www.realclearmarkets.com/articles/2010/09/22/1920_the_great_depression_that_wasnt_98679.html#comments-container

What has happened in the last six years is a replay of the horrors of the Great Depression. Not a single year of the Depression has had an unemployment rate as high as that of the 2010’s if we used the same metrics to get the Unemployment Number.

10 posted on 06/19/2015 8:22:22 PM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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