Posted on 07/28/2002 11:50:51 PM PDT by JohnHuang2
The idiotic French revenge ( which Wilson helped to facillitate ) on Germany, the rise of Labor / Unionism in England , The collapse of the Austro-Hungarian Empire, the maddness of the bubble / then the CRASH / Hoover's lame attempts ( which FDR expanded upon ), and YES, Smoot-Hawley, did , indeed, along with forces of nature, such as the " Dust Bowel ", all made for the Great Depression here, as well as world wide.
What few know, here, or anywhere, for that matter, is that not EVERYONE, during the Depression, were as bad off, ( and I don't mean " millionaires, dear. ) as most have been led to believe. The massive exaggerations, in documentaries, T.V. show, movies, books, and school history classes, was / is tripe. Far fewer people lost money, in the Crash of '29, than have recently lost money in the '87 debackle, and these past two BULL MARKET years, on Wall Street.
That the rest of the world, mpore or less, was suffering through their own Depression, long BEFORE we got into it, was more than 1/2 of what dragged this country down. BTW, the Fed did NOT, routinely, " pump money " into this nation's economy, back then.
Well, the big-eared li'l general sure made a bit of a showing a few years back, didn't he? And I'm not sure how much of his own money he actually ended up spending, but if he can cause as much of a ruckus as he did, I wouldn't say third-party candidates are destined fer failure. It'd be tough, but you'd have to be standing up fer some major principles if ya did take on the RepublicRATS!!
"The demonization of Pat in 1992 also hasn't helped."
I was over that in a heartbeat...it was Pat's strange manuevre to the Left--on Trade Protectionism and Labor Issues--in a clumsy attempt at triangulation that soured me on Buchanan.
FReegards...MUD
In all due respect, you may want to learn to treat others the way you would want to be treated.
I'm sure you could teach Pat how the free trade policy of selling steel to Japan in the 1930s was an act of genius.
I guess Hamilton's Report on Manufactures, the "American System" of the 1800s, Lincoln's Morrill Tariff, and other similar policies weren't in your history books. Or maybe you actually need to read some economic history to counter the ideological prattle you've memorized.
Free Traitors always like to pull S-H out of their azz anytime we debate trade policy. I suggest they put it back in since it is NOT the cause of the depression, and if you really think about it, you are simply quoting Al Gore and Ferris Bueller's teacher among other morons. Not only did it get enacted after the damage was done, but it also much smaller in scope and size than other tarriff increases, like the Tarriff of Abominations. Check that one out and tell me how it ruined the economy. While you are at it please try to get rid of the hyperbole. Buchanan's suggested tarriff is half of Bush's steel tarrif and your income tax, which are half of S-H. If anything, the fact that the prime rate was raised, yes Bueller raised, after the crash should be a clue since nowadays it is common knowledge to do just the opposite. I bet we could create a mini depression right now by raising interest rates, agree? One more thing, where are all the riches from free trade we have been promised for years? Is this another sinkhole like the war on drugs, war on poverty, public schools, social security?
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