Posted on 12/22/2008 9:07:58 PM PST by jazusamo
“i pray the controlling democrats/liberals temper their ambition during these vulnerable and opportunistic times.”
adolescent psychotics dressed in adult clothing do not behave themselves.
IMHO
The problem with “GREAT DEPRESSION II” which is looming in the near future is twofold, one being the huge population increase, the other being the work ethic (or lack thereof) in the current population as compared to the 1930’s.
I first thought it would be “brother can you spare a C-note?” instead of “brother can you spare a dime?”. Now I realize this time its probably gonna be “brother can you spare some ammo?” A well stocked “safe-room” may well be the best investment one could make now.
At this point I suspect that I will “retire” to the nursing home or to the funeral home.
It seems that there have been three American p-residents since the War Between the States who understood Economics- why people interact as they do- and one of them was Coolidge. The others were Cleveland and Reagan. Reagan is the only one who had a degree in Economics. From him is derived the Reagan Boom that is actually only now coming to an end.
That’s what it is! Good metaphor.
... pubic you mean ...
and ignorant. Creating 3 million jobs on the one hand with 1 TR $ destroying 9 million on the other hand. Selective redistribution either in infrastructure, transportation industry, income, labor NEVER works and will hurt us all!!!
War spending did NOT lift us out of the Depression. The Depression did not actually end until Eisenhower reduced regulation and generally got the government out of the way. The difference made by the War is that there was full employment but it just made for a full empployment Depression. Because of strict wage controls, people were not materially better off, they were just as poor, things were just as scarce- but everyone had a job.
Boy ... I’m already greatly depressed ... and it hasn’t even started yet ...
My bet is that the Obamessiah follows their commands to the letter.
Glad you’re not
Actually, it has. Free trade is always beneficial to its practioners. If only one country practices free trade and all others discriminate with tariffs and exclusions, that free trading country will prosper much more than those that restrict trade.
All that government intervention is purely an inefficient use of resources. Those resources that are being diverted from the real, unhampered, economy to the “bailout” and “recovery” are resources being used to force the continuation of inefficient practices i.e. good money being thrown after bad. It is like shovelling the economy’s resources into an expanding black hole. It also necessarily makes for corruption, especially the giving of one man the plenipotentiary power to dispose fo so huge a sum as 700 bil. It is highly likely, even inevitable that a portion of that money, perhaps a large portion, is finding its way offshore in non inflatable forms, like gold.
More than re-arranging the deck chairs, Like FDR did, he means to knock holes in the hull below the waterline in order to let the water out.
So does this mean zerO and his administration of exClinton hacks and Ivy League ideologues may bring us a good depression, but not a great one?
Ahmedjinedad?
Pakistan-India, with a side dish of Afghanistan
I don't know if you meant that as a joke, but it sure made me laugh.
Such persuasion is effectively done with tax policy. Our tax treatment of business is more onerous than many other countries and thus we are losing business and industry to countries that take a smaller bite.
I agree with your observations.
But I will caution you about Thomas Fleming. I read his magazine Chronicles for several years, until I figured out they found Monarchy an acceptable (almost desireable) form of government.
Fleming has a very good grasp of history, but this country fought a bloody revolution to be free of a Monarchy. Totalitarianism is plain evil, in any form.
In my efforts to find the most promising constitutional argument against the "Fairness Doctrine," I have lately been denigrating any appeal to the First Amendment, and instead citing the Article 1 Section 9 stricture,No title of nobility shall be granted by the United Statesbecause IMHO Big Journalism has systematically used "the press" not as a right of the people but in the opposite sense as a title of nobility purporting to grant privileges to the members of the Associated Press not available to the people at large.
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