Posted on 01/15/2009 12:51:36 PM PST by Hanna548
...FDR's New Deal made the Great Depression longer and deeper. It is a myth that Franklin D. Roosevelt "got us out of the Depression" and "saved capitalism from itself," as generations of Americans have been taught by the state's educational establishment....
I would be interested in knowing what my father would think of the current economic environment, but he has Alzheimer’s and I fear that if I mention how things are going, that would be the only thing he would remember from day to day. And he was always obsessed over the state of his finances.
Fortunately, I listen to Glenn Beck and dumped his mutual funds around Dow 12000.
I am listening to the Senators talking about these TARP funds. It is unbelieveable. How can these people read what has happened in history and turn around and do it all over again. IDIOTS ALL!
I think all our fathers were obsessed with finances, due to what they had been through. My dad father walked/stumbled down the road when my dad was in 8th grade. He had to quit school to help his mom raise his 3 younger brothers and sister. He went to work in a foundry, learned the business and ultimately opened his own foundry. I suspect that Dad’s problem with Roosevelt must have had something to do with dad starting a business and Roosevelt policies messing him up in that somehow.
But yea, my dad was very on top of money issues. You did not borrow money, you did not put all your money in the bank etc. etc. I was telling my son just the other day that employers didn’t borrow money to pay payroll. It was in the late 60’s and early 70’s when people started thinking it was a good idea to work on “someone else’s money”. What a stupid idea that was;/
There’s a good case to be made against the New Deal, but is DiLorenzo really the right person to make it? Judging from some of Tommy’s other screeds, his opposition can only help FDR.
FDR was and is the worst President, ever. He started Social Security (a bailout of peoples responsibility) and for over 70 years it has just gotten worse and worse. Unless and until government admits it is the problem and not the solution, the messes will just get larger and larger and this Nation will go bankrupt. It is very close to that now.
Which screeds did you have in mind?
I honestly don’t know. I was looking for information on the ND and that is what I found. I have no clue wo that guy is. The other sites that came up in my search were all decidedly liberal.
this Nation will go bankrupt. It is very close to that now.
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http://www.youtube.com/watch?v=W91RCYt94wI
“Which screeds did you have in mind?”
He’s probably talking about “The Real Lincoln”. He went a bit overboard in that book, but Lincoln had it coming. Scholars have been worshipping him far too long.
:) Love HWJ;)
DiLorenzo paints things in very stark colors -- all heroes on one side, all villains on the other -- but that doesn't always work in political history.
I don't have any problem with what he says in this article, but here he's reporting what other economists have said, rather than coming up with much on his own.
There is no question about this. In my view, the 3 most corrupting events in our history are:
1) the civil war,
2) the passing of the 16th amendment, and
3) the "new deal".
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