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Obama is going to make us all forget Herbert Hoover. We all must steel ourselves for the economic armageddon about to unfold.
1 posted on 07/11/2011 11:07:55 AM PDT by lbryce
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To: lbryce

Honestly, it’ kind of funny how Hoover gets maligned. He did screw up, no doubt. However his screw up was doing was FDR ended up doing even more of. FDR actually ended up doing more damage.


2 posted on 07/11/2011 11:12:10 AM PDT by drbuzzard (different league)
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To: lbryce

Hoover?? More like Mussolini.


3 posted on 07/11/2011 11:12:49 AM PDT by WKUHilltopper (And yet...we continue to tolerate this crap...)
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To: lbryce

5 posted on 07/11/2011 11:19:29 AM PDT by RasterMaster ("To sin by silence when they should protest makes cowards of men." - Abraham Lincoln)
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To: lbryce

Hoover (believe it or not) didn’t cause as many problems as his predecessor FDR did.FDR did just what Bam is doing, prolonging the depression.


7 posted on 07/11/2011 11:34:44 AM PDT by kenmcg (pROBLEM)
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To: lbryce

Obama is clearly following in the footsteps of the socialist Chilean President Salvadore Allende. Problem is, we might need a Pinochet to remove this disease carrying tick from the White House.


9 posted on 07/11/2011 11:40:15 AM PDT by SpaceBar
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To: lbryce

"Boy, the way Glen Miller played. Songs that made the Hit Parade. Guys like us, we had it made. Those were the days! Didn't need no welfare state. Everybody pulled his weight Gee, our old LaSalle (a car) ran great. Those were the days! And you knew where you were then! Girls were girls and men were men. Mister, we could use a man like Herbert Hoover again. People seemed to be content. Fifty dollars paid the rent. Freaks were in a circus tent. Those were the days! Take a little Sunday spin, go to watch the Dodgers win. Have yourself a dandy day that cost you under a fin (five dollar bill). Hair was short and skirts were long. Kate Smith really sold a song. I don't know just what went wrong! Those Were the Days!"

12 posted on 07/11/2011 12:19:22 PM PDT by SengirV
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To: lbryce
While it is true that Hoover was a big government Pubbie, it is at odds with the facts to blame hime for the Great Depression. The Fed was largely instrumental in setting up the 1929 stock market crash by pumping billions of dollars into the money supply to help the banks and Wall street make money by lending it in one form or another to people and entities who could not repay it, including our europeon 'allies'. For the extensive details of this sordid tale, see the discussion and remarks of Congressman Louis T. McFadden at McFadden on the depredations of the Fed from its inception.

In short, Hoover was blindsided by the usual suspects, much as was the second Bush. And, as in Bush's case, Hoover's successor and his communist apparat must bear the lion's share of the blame for tipping the economy into the abyss and then running the printing press and creating the leviathan state, all in the name of 'getting the economy moving again'.

Finally, Hoover was a natural born American who loved his country, was a God fearing man of the highest personal integrity who knowingly would never have done harm to his fellow American citizens. He was a school trained geologist and became extremely successful in the mining industry worldwide. As President, he was not a conservative - but he was dealt a very bad hand. To compare him in any way to the Undocumented Alien from Nairobi does him a grievous insult. The Undocumented Alien is no Herbert Hoover. He is most like Elagabalus, another narcissistic, degenerate usurper.

13 posted on 07/11/2011 12:35:08 PM PDT by Bedford Forrest (Roger, Contact, Judy, Out. Fox One. Splash one.<I>)
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To: lbryce

Moody’s Analytics estimates $37 billion will be drained from the nation’s pocketbooks this year”

Uh, no, $37 billion will be drained from the pocketbooks of folks who actually produce something to those that don’t.


14 posted on 07/11/2011 12:35:18 PM PDT by technically right
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To: lbryce
Herbert Hoover was a highly effective public servant for most of his life - and a true humanitarian and patriot. He was also very well educated.

How is that anything like this Affirmative Action HR pass-along that is currently befouling the White House? Obama is ignorant, arrogant, and no patriot.

16 posted on 07/11/2011 12:51:22 PM PDT by Kenny Bunk (America. Could be too late to fix anything. And just a wee bit too early to start shooting.)
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To: lbryce
The extended unemployment benefits from 26 to 99 weeks are due to expire. They should be included in the debt ceiling agreement.
17 posted on 07/11/2011 1:44:06 PM PDT by CPT Clay (Pick up your weapon and follow me.)
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To: lbryce

$4trillion in cuts over 4 years. Anything that is longer term than TODAY in Washington is entirely fictional, or at best airily speculational. If these “cuts” are put in place, in four years the spending will be higher than if the deal had not been made in the first place. It is because the debt limit will have been raised as part of the deal. Each year the debt limit will have to be raised again to meet the unforeseen circumstances that all parties involved can already foresee. Any deal that allows the limit to rise is not even remotely serious. Any deal that does not require a falling debt limit is a refusal to deal with the problem.


19 posted on 07/11/2011 3:19:08 PM PDT by arthurus (Read Hazlitt's "Economics In One Lesson.")
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