WSJ

unemployment is very low amongst govt employees. I guess you big govt types are doing fine. Problem is, it's us free market types who are really paying for your beaurocracies. Every time someone makes it big on their own, the tax man is there with his hand out...keeping the govt in the black. While the rest of us struggle in the red because we are stuck paying out the ying yang for all the govt waste and beauracracies.

It's us guys who want to suceed on our own who have to deal with the pitfalls of making our own way in life. We can't lay around thinking. "I sure am glad the govt is providing for me and my family." We have to actually worry about the economy, unlike the govt workers who are allowed to snuggle up to the warmth of the tax payers wallet.

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I can see November from my house!

So Joe, you are saying that instead of Obama = Hoover, it's Obama = Bush, who is a Republican by the way...lmao I guess Obama is still following that "Republican economic stupidity"...lmao

Let me remind you of who you are saying that Obama is following here.
No wonder Obama was left with such a mess. Problem is, Obama refuses to let the larket correct itself, which is the only true correction.

Any govt intervention will only result in another bubble based market, that will eventually burst. The REALLY sad part is that the govt's own bubble is close to bursting.

The only thing the govt could do would be to take it's tentacles out of our pocketbooks. That's it. Nothing else. ANything else by the govt is market manipulation, and results in a govt induced bubble, i.e., housing bubble.

If reducing tax revenues taken in requires cuts in govt services, so what.

What GWB should have done, and Obama should be following, is abandining socialist principals to save the socialist system. That's how the socialist lite govt should have approached the market collapse of 2008.

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I can see November from my house!

Obama Attempts to Spin Himself as Deficit Hawk

There is a POLL at the link, go vote on it, and then return to the PF!

I think the author of this has hit the ball outta the park here. Obama is parroting the conservatives plea to cut spending, but only AFTER he himself has spent TRILLIONS!

Are you people going to fall for this?

Rush Limbaugh:
LMFAO

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I can see November from my house!

I see validity in your statement. Hoover was caught off-guard, and turned into a "deer-in-the-headlights". Too late, he realized that the "Crash of '29" was only the beginning; he probably never fully understood that something that market fraud and margin trading could cause something so devastating.

Roosevelt's failure was more profound. His answer to the problems of a criminally mis-guided stock market was to try to completely re-engineer the entire country in an illegal, unconstitutional way would have brought the whole country down in an even worse Depression, but for the fact that America finally became involved in World War II. That, and that alone saved the "legacy" of Franklin Delano Roosevelt. By mid-1937, it became clear that the New Deal was not working, and really had not worked at all. Then, as now, the attempt to re-inflate the great Fraud Balloon was a crippled failure.

As bad as those days were, today is quite a bit worse. Today, we are still involved up to our nostrils in two useless, costly wars that present no value whatever to the USA. By contrast, the U. S. was not involved in any wars in the 1930's.

Today, we are so badly in debt to foreign countries that 50-cents out of every dollar that Obama proposes to spend is borrowed! Not even Roosevelt would have thought to do anything so self-destructive and stupid. But today, Obama basks in his delusions of being some kind of great Socialist miracle-worker, while Bernanke and Geithner together continue to print hundreds of billions of worthless paper dollars, pouring them into Wall Street bankers and financiers who caused all of these problems in the first place. Nothing good will come of this to common, American taxpayers.

Hoover didn't have a Hitler to "save" his presidency, and right now Obama badly needs one. He needs a "straw dog" to blame all his problems on, so that all the round-eyed "true-believers" will start sucking up his kool-aid and start marching enthusiastically toward state-controlled EVERYTHING. Right now the only straw dog Obama and his hyperlibs have is the ghost of George Bush, and it is fading fast....

It remains to be seen if Ahmadinejad or Kim Jong-il will play the Hitler part in Obama's much-needed drama. But if they don't, look for the wheels to come completely off of Obama's bread-and-circuses wagon in 2010, and we'll pay for it with staggering inflation, dizzying rounds of new fees and taxes, and all as we sink deeper in the Middle-East and Asian quagmires, with our terms of economy dicatated by China, India, and a handful of Arab sheiks.

Hoover and Roosevelt -- Bush and Obama? Two clowns do make a circus!

Nah. By 1938 it was clear that the New Deal was a failure. Hitler and the Emperor of Japan got us out of the Depression.

What your precious Obama needs right now is a big, fat, juicy WAR. Not another one of these bitsy little pissant "police actions" -- no, I mean a great big huge ugly WAR.

Roosevelt and Churchill conspired for years to get a war going. Roosevelt threw a complete, choking embargo on the Japanese, cutting off all their oil supplies. Then, while masquerading as a "neutral", he did everything imaginable to aid and supply Britain when the European War got started. Finally, out of self-defense, really, the Japanese attacked us to get our hands off their throats, and Hitler was just stupid enough to blithely declare war on the USA.

The rest is history... Roosevelt becomes an instant "savior", "saint", "anthropomorphic father-god"... you know -- all the things that Obama wants to be. The more Obama's presidency devolves into chaos, criminality, lies, fraud, debt, and deceit, the greater the likelihood that he'll try even harder to become the Roosevelt of his dreams....

The Smoot-Hawley Tariff Act It was the reduction of tarriffs that restored our economy. Not the implementation of tarriffs.

The “buy American” provisions in the stimulus are resulting in the same effect as the Smoot-Hawley tarriffs. Canadian towns are barring US companies from municipal contracts resulting in a loss of billions of dollars in contracts to these US companies.

Also, a provision in the stimulus package that blocked 97 Mexican truckers from U.S. roads So again, Obama is following in the footsteps of Hoover.

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I can see November from my house!

... is to enter their discussions with historical facts. If the aggregate of those conflict with their simple little hyper-libbie understanding of a subject, they VANISH. This thread is but one example in a growing list.... If it hadn't been for Franklin Roosevelt, the Depression would have probably ended four years earlier, and we wouldn't have had to have gotten involved in World War II at all!

See you kiddies later, unless there's anyone else out there who is tragically misinformed about "Franklin Roosevelt saving the USA from the Depression", and then writing about it here? I live for the moments I find that kind of blather where I can respond to it. No? Why doesn't that surprise me....

Hoover not the 'Bama

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“We know we are in trouble when a buffon Texas Congressman appologizes to BP because THE PRESIDENT did the right thing" - F86SABRE My DAD

I will agree that Bush was a closet Socialist / interventionist, but he didn't start a trade war, as we are seeing now with Obama (read the OP?).

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I can see November from my house!

ACTIVE involvement in WW II. As long as you were trying to make believe that you actually know historical facts just thought I would give you some real ones.
"1941: Germany and Italy declare war on US
Germany and Italy have announced they are at war with the United States. America immediately responded by declaring war on the two Axis powers. "

http://news.bbc.co.uk/onthisday/hi/d...00/3532401.stm

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“We know we are in trouble when a buffon Texas Congressman appologizes to BP because THE PRESIDENT did the right thing" - F86SABRE My DAD