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To: koan who wrote (142853)1/20/2009 9:47:25 PM
From: Proud Deplorable  Read Replies (1) | Respond to of 314309
 
koan, even though I find no fault with anything you believe I just wanted to warn you that awhile ago I got scolded by management for posting political stuff on investment threads. I'm not going to say anything because what you are saying needs to be said but just be careful.



To: koan who wrote (142853)1/20/2009 11:09:29 PM
From: E. Charters  Respond to of 314309
 
Well I think these are political, and social and financial/investment questions. At least your bring in Hoover and depression -- relevant to the democrat present plan to do infrastructure expenditures. A sacred cow nobody has examined the innards of. Blessed by Pericles and Constantine, but it needs re-examination.

Hoover needs your critical examination. He was a socialist financial engineer. He was not a technocrat with an iron fist who "let the people starve". He gave dollars away like they were ribbons at a school fair. FDR did no better. What caved the economy in was the banks. They froze up. They stole all the stock. They foreclosed. There was NO social safety net. Hoover, not FDR created it. He laid the groundwork, FDR took the dubious credit for that pork barrel.

EC<:-]



To: koan who wrote (142853)1/21/2009 1:41:09 AM
From: marcos  Read Replies (2) | Respond to of 314309
 
Lol, you're incorrigible ... i figured it was a good day for seeing past all the divisive stuff, what with as many hopes of the world riding on this admin change as were with the US the afternoon of 11 september '01 ... the election's over, four years till the next, relax

Here - in the spirit of omnipartisanship, go here and recommend this most appropriate post - Message 25338803

Two political parties for a country of three hundred millions does not result in the Party of Good versus the Party of Evil, things don't work this way, human beings simply aren't that simple ... for every Delay [and yes that's a piece of work i wouldn't want around me] you'll find some sorry specimen on the Dem side - if you look [ahem] ... how about Baucus the anti-canadian twit who opposes free trade in lumber ... Frank the porker finance whiz who was supposed to oversee Fannie/Freddie ... Kennedy, wonder what Ms Kopechne would have to say on that one ... and today, look who are BO's chief of staff and treasury pick, an excitable zionist and a tax evader - you may be surprised at how little real change we see

Paul is a strict constitutionalist, votes against all sorts of spending, the Parks matter may have been related to that, don't know ... he has opposed the rights of indigenous peoples on their own continent, which is odd because the district he represents is a part of Occupied México and must have many tejanos, still his stand on economics and individual rights [for the non-brown] makes a lot of sense ... can't have it all in any one man or party, every pol i ever voted for was a dickhead in one respect or another

Hoover increased spending by far higher proportions than Roosevelt did, propaganda to the contrary is pure Dem-machine crap ... he previously had been head of belgian relief until the US finally joined us in WWI, did you know that, talk about sharing and caring eh ... he also signed Smoot-Hawley, which did great damage, and he signed the 'repatriation' act that legalised the last big push of ethnic cleansing of brown people from O.M. in the 1836-1944 period ... so there ya are, a saint and a racist dickhead, very much like FDR when you leave the myth level and start into actual details

They didn't have welfare and unemployment insurance then, had never heard of such things, which had yet to be invented ... now we have them, they're part of the fabric, along with cultures of entitlement to them ... this is not entirely positive if you think about it, because it has to large degree supplanted ancient tribal customs of people helping each other, directly and face to face ... government takes your money according to rates it decides, and cuts cheques to people it chooses at rates it decides, quite impersonal ... we're not going to change that, it's an irreversible course, like canuck medicare, part of the culture and here to stay, however you cannot tell me it is completely without less-desirable effects and you certainly cannot blame Hoover for failing to invent the system under the circumstances he was in ... you can give him a goodly slice of the blame for ethnic cleansing, absolutely - leginfo.ca.gov

Some parallels to today - Rep admin leaving office having greatly increased spending, Dem admin coming in stuck with those bills and huge promises they've made for more ... ah well, we can put it on the kids' tab, and their kids', and grandkids', ad infinitum, that's always worked so beautifully

... but i have an idea - what if they just devalued the fiat money ... and made more of it, lots more, and ideally without a big war as cover this time