[applemac_g4]

"...that we engage in a Smmot Hawley tariff war with the world and since that directly led to the election of FDR and the depression of 29-32..."

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As Pat Buchanan documents in his book "The Great Betrayal" (p. 240+), the above statement is an out and out lie. If you haven't read this book, you should. It was written in 1998, and the intervening five years have proven the text practically prophetic.

Another excellent source is Dr. Ravi Batra (an Indian Economist): "The Myth of Free Trade."

Dear Mr. President: "It's the economy, stupid."

[reluctantwarrior]

Pat Buchanan is not an economist and spins his diatribes to fit his jingoistic views. FDRs Folly by Jim Powell clearly states that the FED in 1929 tightened the money supply when the economy was already contracting and the Smoot Hawley tariffs pushed us into depression. Do not call me a liar and read more than one persons 'history' before you rant. Ravi Batra and Buchanan are hardly prophetic and read Milton Friedman on a free trade perspective that doesn't have a political bent.