Maybe that's his due bill and purpose.
Remember Clinton letting slip the talking points about how we "need to slow down our economy down" because of global warming. Malthusian. People enslaved to a Third World economy are easier to control.
Posted on 09/06/2009 9:51:13 PM PDT by Brandonmark
Barack Obama is committing the same mistakes made by policymakers during the Great Depression, according to a new study endorsed by Nobel laureate James Buchanan. By Edmund Conway Published: 06 Sep 2009 History repeating itself? President Obama has been accused by some economists of making the same mistakes policymakers in the US made in the Great Depression, which followed the Wall Street crash of 1929. His policies even have the potential to consign the US to a similar fate as Argentina, which suffered a painful and humiliating slide from first to Third World status last century, the paper says. There are "troubling similarities" between the US President's actions since taking office and those which in the 1930s sent the US and much of the world spiralling into the worst economic collapse in recorded history, says the new pamphlet, published by the Institute of Economic Affairs. In particular, the authors, economists Charles Rowley of George Mason University and Nathanael Smith of the Locke Institute, claim that the White House's plans to pour hundreds of billions of dollars of cash into the economy will undermine it in the long run. They say that by employing deficit spending and increased state intervention President Obama will ultimately hamper the long-term growth potential of the US economy and may risk delaying full economic recovery by several years. The study represents a challenge to the widely held view that Keynesian fiscal policies helped the US recover from the Depression which started in the early 1930s. The authors say: "[Franklin D Roosevelt's] interventionist policies and draconian tax increases delayed full economic recovery by several years by exacerbating a climate of pessimistic expectations that drove down private capital formation and household consumption to unprecedented lows."
(Excerpt) Read more at telegraph.co.uk ...
Note to the UK Telegraph: they aren’t mistakes. They’re deliberate.
One thing’s for sure, he was mistakenly elected.
This showin capitalism needs change few trillions worth
The problem is, we’re not going to have WWII to drag our asses out of his “mistakes.”
“The problem is, we’re not going to have WWII to drag our asses out of his “mistakes.””
Sure about that?
Obama doesn’t care. He is owned by our enemies.
Maybe that's his due bill and purpose.
Remember Clinton letting slip the talking points about how we "need to slow down our economy down" because of global warming. Malthusian. People enslaved to a Third World economy are easier to control.
We can't be too hard or harsh on this poor guy! Especially during this historic and pivotal time in the history of America.
Please give the guy a break......we must allow for the time of on the job training!
Just curious tho!.....what is the learning curve for the leader of the free world?
Conversely I must ask, .....what is the learning curve for the.....DESTROYER of the FREE world!!!!!!!!!!!!!
He has come and he brings to us......CHANGE!
I hope so but I’m afraid I’m probably wrong. During the campaign, Rimshot Joe biden even admitted that Baracko would be so weak kneed that even petty, two bit dictators would be walking all over him. They would be “testing him”. So far, Rimshot’s predictions have been right on the mark.
Barack Obama is committing the same mistakes made by policymakers during the Great Depression, according to a new study endorsed by Nobel laureate James Buchanan.Mistakes are only made by accident.
Where do u put money in during depression
“One thing’s for sure, he was mistakenly elected.”
There was no mistake about this election. It was a tactically thought out process started after Carter was Reagan-slapped. Dick Morris has written a book and appeared on FOX many times about the Dem takeover and the building blocks they used to succeed.
Technically, he can be sure. It would have to be WW3. OK, that was corny...
James Buchanan, prepare to be accused of being a racist goose stepping Obama assassin in waiting.
WWIII will probably economic and over before we knew what hit us.
The Great Depression deepened friction between nations, and forced others into aggressive actions to secure raw materials. In effect, the Great Depression CAUSED World War II.
The current Depression will deepen friction between nations, and the barriers to trade enacted by Cap and Trade will force some nations into aggressive action to secure raw materials. China and Mideast oil spring to mind, but many others are possible.
Will this Depression cause WW III?
Obama is indeed following Roosevelt’s mistakes in the 1930s, from Cap and Trade, a wide tariff like Smoot Hawley, myriad tax incrases, including but not limited to “free” health care, and he’s running the printing presses night and day, eventually ensuring inflation or hyperinflation.
We are not the only nation negatively affected by this crisis, just as we were not the only nation affected in the 1930s. If poushed into a corner, desperate nations WILL fight.
It is mathematically possible Barack Hussein Obama accidently reached for all the levers that can destroy America, immediately after his swearing in ceremony.
I find it more likely that he learned the potential weak points from Ayres, a known bomber, radical, and engineer of destruction, then used (or was used by) Soros money to put himself into position to “redistribute the wealth.”
What do hard rock miners use to “redistribute” tons of stone that stands between them and their objective?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.