ooby_dooby: Let's face it, the hands off policies of Republican president Herbert Hoover, in a Nero like manner, did nothing to mitigate the severity of the looming stock market crash of 1929. He was unqualified to deal with such an event, being a mining engineer and it's generally known that engineers make lousy managers. My uncle was in the Civilian Conservation Corps (CCC) and my family survived in no small part thanks to the pro-active actions of FDR. The parallels to today are striking, the Republicans trash the economy and the Democrats restore it. Nothings new.
Fiat-Money and Low Interest Rates killed the Economy in '29!
ooby_dooby: http://www.marketwatch.com/story/reagan-insider-gop-destroyed-us-economy-2010-08-10 "How my G.O.P. destroyed the U.S. economy." Yes, that is exactly what David Stockman, President Ronald Reagan's director of the Office of Management and Budget, wrote in a recent New York Times op-ed piece, "Four Deformations of the Apocalypse."
Get it? Not "destroying." The GOP has already "destroyed" the U.S. economy, setting up an "American Apocalypse."
Yes, Stockman is equally damning of the Democrats' Keynesian policies. But what this indictment by a party insider -- someone so close to the development of the Reaganomics ideology -- says about America, helps all of us better understand how America's toxic partisan-politics "holy war" is destroying not just the economy and capitalism, but the America dream. And unless this war stops soon, both parties will succeed in their collective death wish.
just watch for bank execs making quick exits to switzerland flights
Quit picking on Ron. He is unable to defend himself.
Are the Libs only Jealous because he did a great job being President?
Question to Libs, who from your party is a better candidate for 2012? Surely not Obama...there is a movement in USA to impeach him before the 2012 election.
johnaustin123: Quit picking on Ron. He is unable to defend himself.
Are the Libs only Jealous because he did a great job being President?
Question to Libs, who from your party is a better candidate for 2012? Surely not Obama...there is a movement in USA to impeach him before the 2012 election.
johnaustin123: Quit picking on Ron. He is unable to defend himself.
Are the Libs only Jealous because he did a great job being President?
Question to Libs, who from your party is a better candidate for 2012? Surely not Obama...there is a movement in USA to impeach him before the 2012 election.
Colleene1024West Warwick, Rhode Island USA1,225 posts
Galactic_bodhi: What gets me is the way they've engineered the "invisible hand" to strangle this country. Free market of what? We don't make anything anymore.
Politicians don't get rich by making a country strong. They get rich by making a country sick. It's the same philosophy the priesthood has been using for nigh 2000 years now. Vital, confident citizens don't need government. If they don't need government, they decide to get rid of it. Vital, strong citizens can make those decisions. Weak, dependent citizens do what they're told, or they starve, because their unemployment runs out.
Either that or we would go back to the 17th or 18th century and farm our food and hunt. To be honest. I would rather live like that then have to deal with all the political drama going on sometimes. IMO
Colleene1024West Warwick, Rhode Island USA1,225 posts
jvaski: From my perspective ....this country needs to make some dramatic changes very quickly before it's too late ( which may already be the case ) Today I walked the blocks around my neighborhood , stopped to talk to a few neighbors. One younger contractor has been out of work over a year....three kids and a wife still working at a school district. They now have marriage problems because he wants to move to find employment and she's not budging. Another neighbor who did tile setting is completely out of work as well. Fortunately his wife has union death benefits for them to live on. The picture became clear that many will move to larger metro areas with industry to find work - but these industries have already down-sized. All of this rips at the fabric of families, marriage and society. There simply is no work for the masses... Those who still have money take pride in abusing those who work for them by underpaying them. It's a vicious downward spiral that has begun and accelerating .
Colleene1024West Warwick, Rhode Island USA1,225 posts
ooby_dooby: It means if the US economy crashes the rest of the world will be toast, that is except Switzerland cause all the money is in Swiss bank accounts.
Right Conrad?
Ya think that the British would try to take over the US again?
johnaustin123: Quit picking on Ron. He is unable to defend himself.
Are the Libs only Jealous because he did a great job being President?
Question to Libs, who from your party is a better candidate for 2012? Surely not Obama...there is a movement in USA to impeach him before the 2012 election.
When one embarks on the world stage they become fair game forever! I know you Repukes think Reagan can walk on water but if anybody should have been impeached it was the 2nd string Hollywood actor for selling arm to Iran against the will of the congress.
ooby_dooby: It means if the US economy crashes the rest of the world will be toast, that is except Switzerland cause all the money is in Swiss bank accounts.
Right Conrad?
What good is Money without Production and Commerce! Even makes Bad Toiletpaper!
ooby_dooby: It means if the US economy crashes the rest of the world will be toast, that is except Switzerland cause all the money is in Swiss bank accounts.
Right Conrad?
Overhaul your Crazy Tax-Laws,before blaming others! Then your Capital and Production might stay In-Country!
Conrad73: Overhaul your Crazy Tax-Laws,before blaming others! Then your Capital and Production might stay In-Country!
Our tax system is beyond absurd. When it takes an accountant 4-8 hours to complete a tax return and it's almost impossible for an average person to do at all it's time for throwing out the whole damn thing and starting over.
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My uncle was in the Civilian Conservation Corps (CCC) and my family survived in no small part thanks to the pro-active actions of FDR.
The parallels to today are striking, the Republicans trash the economy and the Democrats restore it. Nothings new.