Free Republic

"I don't worry about the Constitution," said Rep. Phil Hare, Democrat of Illinois, at a town hall meeting where voters questioned his support of the legislation that became Obamacare. You can find the clip on youtube.com, where it has 462,084 hits. That was before the 2010 election, in which Hare, running for a third term in a district designed by Democrats to elect a Democrat, was defeated 53 to 43 percent by Bobby Schilling, proprietor of a pizza parlor in East Moline. A lot of politicians are worrying about the Constitution these days. Liberal commentators were shocked this past week...

The swift policy response to the recent financial crisis helped the world economy avoid a replay of the Great Depression of 1929-32. But can we avoid a replay of 1937-38? With the world economy weakening once again, this column addresses the question with a renewed urgency and comes up with an oft-overlooked explanation – the Treasury Department's decision to sterilise all gold inflows starting in December 1936. The recession of 1937-38 is sometimes called “the recession within the Depression.” It came at a time when the recovery from the Great Depression was far from complete and the unemployment rate was...

SINGAPORE (Reuters) - Federal Reserve Chairman Ben Bernanke, an expert on the Great Depression, once promised that the central bank would never repeat its 1937 mistake of rushing to tighten monetary policy too soon and prolonging an economic slump. He has been true to his word, keeping interest rates near zero since late 2008 and more than tripling the size of the Fed's balance sheet to $2.85 trillion. But cutbacks in government spending may end up having a similarly chilling effect on the economy, and there is little Bernanke can do to counter that. Back in 1937, the U.S. economy...

In today’s article in Bloomberg View I explore reasons for the current weak recovery, and in particular whether there is an analogy with what happened in the recession of 1937-38 which interrupted the recovery from the Great Depression. Several charts elaborate on numbers provided there which argue against such an analogy. The first one relates to fiscal policy. It shows the ups and downs of real GDP growth in the 1930s and the contributions to that growth coming directly from government purchases and other components of GDP. (The data come from this interactive table at the Bureau of Economic...

How many have heard of Nadhmi Auchi? Why are we not hearing more about him? Nadhmi Auchi was born in 1937. He is an Iraqi born British-resident and Britain's 22nd wealthiest individual. Nadhmi Auchi co-conspired with fellow Baathist Saddam Hussein in 1959 to assassinate then Prime Minister Abd al-Karim Qasim. Rezko and Obama are both financially connected to him. MSNBC reports that Nadhmi Auchi had helped Orascom (which owns Djezzy GSM), owned by Onsi Sawiris, gain a contract to set-up mobile phone networks in post-Saddam's Iraq. As per Orascom's annual report, page 65, Huawei Technologies is listed as a subsidiary...

US aircraft history buffs are hopeful that tiny bones along with artefacts from the 1930s found on a remote Pacific island may reveal the fate of pioneering aviator Amelia Earhart. In one of aviation's most enduring mysteries, Earhart took off from Lae, in what is now Papua New Guinea, while attempting to circumnavigate the globe via the equator in 1937 and was never seen again. A massive search at the time failed to find the flyer and her navigator Fred Noonan, who were assumed to have died after ditching their Lockheed Electra aircraft in the ocean, according to the Amelia...

Here’s what’s coming in economic news: The next employment report could show the economy adding jobs for the first time in two years. The next G.D.P. report is likely to show solid growth in late 2009. There will be lots of bullish commentary — and the calls we’re already hearing for an end to stimulus, for reversing the steps the government and the Federal Reserve took to prop up the economy, will grow even louder. But if those calls are heeded, we’ll be repeating the great mistake of 1937, when the Fed and the Roosevelt administration decided that the Great...

Now in their 70s and 80s, children of the victims of Josef Stalin's political repressions remembered one of the darkest pages of Russia's history at a ceremony Wednesday in central Moscow. Several hundred people laid flowers and lit candles to honor the victims of the Great Purge of 1937, when millions were labeled "enemies of the state" and executed without trial or sent to labor camps. The 70th anniversary comes as the Kremlin, focused on restoring Russians' pride in their Soviet-era history, has been trying to soften public perception of Stalin's rule and hushing up the full horror of his...

Islamic Genocide, past & present The world was shocked at the Islamic Hitler: Mahmoud Ahmadinejad calling for certain nations to be "wiped off" (2005), however, we should remember the connection to past & present, genocide as an intergral part of radical Islam The Islamic Genocide plan! http://www.frontpagemag.com/Articles/Printable.asp?ID=25704Armenian Genocide As non-Muslims they were also obligated to pay discriminatory taxes and denied ... Talaat, the principal architect of the Armenian genocide, was killed in ... http://www.armenian-genocide.org/genocide.htmlMuslim genocide of hindus in India (a must read) - Islamophobia?http://www.danielpipes.org/comments/29320 Let’s Talk About Armenian Genocide The Brussels Journal, However, the acknowledgment of the Armenian genocide has...

Not since 1937 have the richest 1% of Americans been so far above the average citizen in assets and earning power as today. More, these one percenters are not coupon-clipping, Palm Beach-squatting heirs. They are wage earners and entrepreneurs, and their prospects just get grander as globalization grows the market capitalization of all enterprises. Further, the one percenters are pulling away not only from everyone in general but also from the richest of the rest. Their income has doubled since Ronald Reagan, while in the same time frame the merely rich, the 90th to 95th percentiles, have flatlined. What this...

    The sacred memory of the victims of the Nazi Holocaust must not be victimized by political correctness.The U.S.Holocaust Memorial Museum has done this by avoiding any mention of the Arab or Muslim role in the Holocaust and by ignoring the link between Nazism and current Islamic extremism.     Iran's president announces that the Holocaust never happened while simultaneously announcing that Israel should "be wiped off the map." The vilest anti-Semitic conspiracy theories are promulgated in the Arab press and taught to Arab children as a matter of routine. Anti-Semitic incitement has become a state-sponsored article of faith in much of the...

Why would Harvard have embraced such a man? With everything that was known about the Nazis in 1934 -- their violent anti-Semitism, their book-burning, the concentration camps into which they were herding their enemies -- why would Harvard have treated a Nazi functionary like Hanfstaengl with such courtesy? Why would it let itself be used, in the words of historian Stephen Norwood, "to help cloak the Nazi cause with a layer of legitimacy?" In time, of course, Harvard became staunchly anti-Nazi. (Conant would go on to play a key national defense role during World War II.) But where was its...

A Lucky Year I am of the same generation as Sen. Bob Graham and Saddam Hussein. All of us in that generation were born at the tail end of the Great Depression, were children during World War II and came of age in the 1950s. The only good thing to say about Saddam is that he is pretty darn spry as a fugitive. I'm not sure that I could elude 146,000 Americans soldiers and who knows how many angry Iraqis for five months. Maybe swimming the Tigris River every year has kept him in better shape than he ever looked...

<p>Granted, there is upheaval in the world and there are battles where a great deal is at stake -- life itself. All the more precious, then, the minor skirmishes on the home front that mean a great deal in a small way and remind us of how lucky we are to feel innocent hatreds, from summer to summer, at the ballpark.</p>