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Been There, Done That!
Oregon Magazine ^ | November 19, 2003 | Peggy Whitcomb

Posted on 11/18/2003 10:06:51 PM PST by WaterDragon

When Franklin D. Roosevelt took office in 1932, the American economy was already in a depression, banks were failing, people couldn't find jobs, people were hungry.

FDR believed that depressions were caused by unchecked, "greedy," big corporations, unregulated free markets, and individuals accumulating what he considered as 'too much wealth'.

He promised America that he would wage war on big business, and during his presidency, assumed unprecedented powers to prosecute that war.

Historian Jim Powell, author of "FDR's Follies," relates the history and development of the massive New Deal programs, brief political biographies of the men who administered them, and especially the effects of the often contradictory New Deal measures on the lives of Americans.

He draws extensively on recent decades of studies by economists and historians who had noted that most histories on FDR focused on the political consequences of his New Deal, not the economic consequences.

Throughout his administrations Roosevelt enjoyed the support of Democratic party domination in both houses of Congress. In the early New Deal years, the U.S. Supreme Court struck down some of the New Deal measures as unconstitutional, but after FDR's attempts to 'pack the Court,' enough of the Justices were intimidated so that a majority cooperated to support his government take-over of the economy.

By Executive Orders and Congressional legislation, with the Supreme Court backing, while reassuring the public with his fireside chats, Roosevelt attacked capitalism and free markets in America....(SNIP)

Click Here For Complete Article!

(Excerpt) Read more at oregonmag.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Culture/Society; Extended News; Government; Miscellaneous; News/Current Events; US: California; US: Oregon; US: Washington
KEYWORDS: competition; despair; economy; fascism; fdr; newdeal; pricefixing; roosevelt; unemployment
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To: vladog
You are absolutely correct! And, as I see it, far too many Republicans are following the same route.
21 posted on 11/21/2003 6:50:28 PM PST by lakey
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To: WaterDragon
Do you remember where in Treason you saw that? I missed it, but would like to go back and check it. THAT is astounding!

Looks like I screwed up. She doesn't mention him as one of the spies named in the Venona Project. She only mentions that he's a stooge. I don't see any diiference though.

22 posted on 11/22/2003 3:02:34 PM PST by <1/1,000,000th%
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To: <1/1,000,000th%
There were probably many stooges who were just stupid, but also a lot of them were spies who weren't caught. Just because Wallace was in a position of such influence, he was as good as a spy to Stalin.

Besides, from what I understand, even today not all of the Venona tapes have been deciphered....yet.
23 posted on 11/22/2003 3:17:47 PM PST by WaterDragon
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