Michele Bachmann: The perils of spending like it's 1929

Minn-St Paul Star Trib ^

[rabscuttle385]

/mark

[RSmithOpt]

Want to watch a thieving lying liberal elitist politician sweat profusely. Let one intelligent and wise person of importance with significant power / influence rock their boat with The Truth and the truths cornered in a publicly recorded debate.

Wow...think...Palin as POTUS and either el-Rushbo, Tancredo, or Hunter as VP? Talk about a dream....first task at hand get the libs, socialists, anti-Americans and RINO's out of Congress pronto!!

I'd love to see all Congressional critters, POTUS and VP's, (before their primaries) and their staffs have to pass an 8 hr test (80% and above, anything lower, is an F) a test based upon the Magna Carter, Articles of the Confederation, The Federalists Papers, The Declaration of Independence, The US Constitution, writings of Adams (both), Madison, Henry, Payne, Franklin, Jefferson, Washington, etc......Both Jefferson and Adams died on July 4th, 1826. President James Monroe also died on July 4th, 1831. Maybe God wanting us to take notice of that day in particular?

[RSmithOpt]

Hoover made only one big mistake in not having the treasury print enough money at the rate of economic activity increasing like it did in Roaring Twenties....the CDO’s CDS’s, derivatives, liar loan mortgages, house flippin’, easy credit, scenario we have recently witness swell and bust, is very very similar to the same attitudes about money in the 20’s prior to Oct. 29, 1929.

[RSmithOpt]

Yes they are, ‘cause a wise man never threatens a woman’s children, nor her money.

[redgirlinabluestate]

That sounds a bit like “compassionate conservatism” IMO. In any event, competent conservatism and considerate conservatism do not have to be (and shouldn’t be) mutually exclusive.

[GOPJ]

Thanks for the ping.

[GOPJ]

Hoover not only dramatically hiked income and import taxes, but he instituted big-government spending programs all but identical to those being debated today. Hoover's Reconstruction Finance Corporation tried to ease economic pain by funneling tax money to state governments, local governments, banks and a variety of businesses. His Federal Home Loan Bank Act extended loans in an effort to increase low-income housing -- beginning the ill-fated history of federal intervention in the housing market.

These measures proved a dismal failure, and things got only worse. In the 1932 campaign, Franklin Roosevelt actually attacked Hoover for his big-government policies, decrying Hoover's presidency as "the greatest spending administration in peacetime in all of history."

Solid truthful research - if more newspapers ran stuff like this - rather than emotional garbage ("feelings") newspapers might survive...

[SierraWasp]

Believe me, it's nothing like that miserable "compassionate CONservatism!!!"

Considerate conservatives consider everything with considerable care, then using commonsense, makes decisions based on traditional American, uncompromising, founding/constitutional principles!!!

They generally consider everything useless and irrelevant!!!

[redgirlinabluestate]

LOL. Well, I guess it depends on your definition of "considerate" then. What you are describing sounds like a competent conservative to me. I think we can agree a competent conservative will use exceedingly sound judgment and will consider all options thoroughly while staying true to his or her core principles and beliefs.

I think we are on the same page, but using different dictionaries! :-)

[SierraWasp]

"exceedingly sound judgment"

Compassionate CONservatives will say that is too judgemental. I say there really is a "right & wrong" as we no longer live in the Garden of Eden!!!

Yes, I agree with you whole heartedly!!!