Five years of fake audits... blog.washingtonpost.com
$1M in Republican "tithes" diverted... washingtonpost.com
...to heaven knows where. dailykos.com
Abramoffaholism spreading throughout the country like methamphetamine... blog.washingtonpost.com
And George Bush has finally proven that the old axiom... "Nothing sucks like a Hoover"... will never be true as long as you insist on inserting religion and corporate cash, in lieu of brains, as your primary social and political fuels: economistsview.typepad.com
But don't take the Nobel Prize winner's word for it. Compare Hoover to Bush yourself: Hoover's stance on the economy was based on volunteerism. From before his entry to the presidency, he was among the greatest proponents of the concept that public-private cooperation was the way to achieve high long-term growth. Hoover feared that too much intervention or coercion by the government would destroy individuality and self-reliance, which he considered to be important American values. Though he was not averse to taking action which he considered was in the public good, such as regulating radio broadcasting and aviation, he preferred a voluntary, non-government approach to economic recovery. As if to prove the president's point, the First Lady exhorted her forces to service. She pressed the more than 250,000 Girl Scouts nationwide to join in relief work and helped to promulgate the Rapidan Plan in 1931 to achieve that end. As the First Lady used the radio, she rallied support for volunteerism, encouraging groups such as the 4-H clubs to devote themselves to local relief. Behind the scenes, she mobilized informal networks of friends and women's organizations and ensured that appeals to the White House found their way to local sources of aid.
In June 1931, to deal with a very serious banking collapse in Vienna that threatened to cause a worldwide financial meltdown, Hoover issued the Hoover Moratorium that called for a one-year halt in reparations payments by Germany to France and in the payment of Allied war debts to the United States. The Hoover Moratorium had the effect of temporarily stopping the banking collapse in Europe. In June 1932, a conference canceled all reparations payments by Germany.
The following is an outline of other actions Hoover took to try to help end the Depression through government intervention:
1. Signed the Emergency Relief and Construction Act, the nation's first Federal unemployment assistance. 2. Increased public works spending. Some of Hoover's efforts to stimulate the economy through public works are as follows: a. Asked Congress for a $400 million increase in the Federal Building Program b. Directed the Department of Commerce to establish a Division of Public Construction in December 1929 c. Increased subsidies for ship construction through the Federal Shipping Board d. Urged the state governors to also increase their public works spending, though many failed to take any action.
3. Signed the Federal Home Loan Bank Act establishing the Federal Home Loan Bank system to assist citizens in obtaining financing to purchase a home.
4. Increased subsidies to the nation's struggling farmers with the Agricultural Marketing Act; but with only limited impact.
5. Established the President's Emergency Relief Organization to coordinate local private relief efforts resulting in over 3,000 relief committees across the U.S.
6. Authorized the "repatriation" to Mexico of 1-2 million people living in barrios throughout California, Texas and Michigan, 60% of whom were U.S. citizens of Mexican-descent, in an effort to ease unemployment.
7. Urged bankers to form the National Credit Corporation to assist banks in financial trouble and protect depositors' money.
8. Actively encouraged businesses to maintain high wages during the Depression, in line with the philosophy, called Fordism, that high wages create prosperity. Most corporations maintained their workers' wages early in the Depression in the hope that more money into the pockets of consumers would end the economic downturn. 9. Signed the Reconstruction Finance Act. This act established the Reconstruction Finance Corporation, which made loans to the states for public works and unemployment relief. In addition, the corporation made loans to banks, railroads and agriculture credit organizations. 10. Raised tariffs. After hearings held by the House Ways and Means Committee generated more than 20,000 pages of testimony regarding tariff protection, Congress responded with legislation that Hoover signed despite some misgivings. Instead of protecting American jobs, the Smoot-Hawley tariff is widely blamed for setting off a worldwide trade war which only worsened the country's (and the world's) economic ills. en.wikipedia.org
Uncanny similarities... no? Hoover also made the largest tax increases on corporations and the wealthy in history to pay for his latinoless "volunteerism" but for my money... most of which has now evaporated... Bush has him beat like a rented mule in the race for Top Presidential Idiot honors.
Hoover didn't have all the Post WWI history of Wall Streeted, Deregulated, Integrated Financial Services (Broker/Banker) frauds of the past century to learn from. When he let the great American "Free Market" smash on the rocks of American Greed... he had never heard of Televangelists collecting more money than most 3rd World agricultural economies, much less "Moral" Majorities, New World Orders, or "Faith" Based Initiatives these heirs of Abe Lincoln have used to feather their nests.
Bush... and the rest of the Regan Republican "We Beat The Communists!" self deluded idiots... have had to ignore or rewrite the entire history of the 20th Century to suit their warped images.
And... if this country ever elects anything that smells like one of these "so called" Republicans to run anything bigger than a hot dog stand... it truly deserves the very worst "prophecy" that any bitter old Black "protestant" preacher from Chicago can come up with.
o\/o <----- Bitter Old Owl... ScOWLing... Angrily |