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Warren G. Harding calls for a "Return to Normalcy,"
Boston, MA,
May 14, 1920
There isn’t anything the matter with world civilization, except that humanity is viewing it through a vision impaired in a cataclysmal war. Poise has been disturbed, and nerves have been racked, and fever has rendered men irrational; sometimes there have been draughts upon the dangerous cup of barbarity, and men have wandered far from safe paths, but the human procession still marches in the right direction.
America’s present need is not heroics, but healing; not nostrums, but normalcy; not revolution, but restoration; not agitation, but adjustment; not surgery, but serenity; not the dramatic, but the dispassionate; not experiment, but equipoise; not submergence in internationality, but sustainment in triumphant nationality.
It is one thing to battle successfully against world domination by military autocracy, because the infinite God never intended such a program, but it is quite another thing to revise human nature and suspend the fundamental laws of life and all of life’s acquirements…
This republic has its ample tasks. If we put an end to false economics which lure humanity to utter chaos, ours will be the commanding example of world leadership today. If we can prove a representative popular government under which a citizenship seeks what it may do for the government rather than what the government may do for individuals, we shall do more to make democracy safe for the world than all armed conflict ever recorded.
The world needs to be reminded that all human ills are not curable by legislation, and that quantity of statutory enactment and excess of government offer no substitute for quality of citizenship.
The problems of maintained civilization are not to be solved by a transfer of responsibility from citizenship to government, and no eminent page in history was ever drafted by the standards of mediocrity. More, no government is worthy of the name which is directed by influence on the one hand, or moved by intimidation on the other…
My best judgment of America’s needs is to steady down, to get squarely on our feet, to make sure of the right path. Let’s get out of the fevered delirium of war, with the hallucination that all the money in the world is to be made in the madness of war and the wildness of its aftermath. Let us stop to consider that tranquillity at home is more precious than peace abroad, and that both our good fortune and our eminence are dependent on the normal forward stride of all the American people. …
He cut government spending!!
Your quote is from a campaign speech and means nothing.
Harding did nothing good while in office and if he hadn't died he may very well have been indicted with others in his cabinet.
bush sucked, but most of the problems we are facing today came from clinton...sorry that is the historical truth
well said
there are TWO problems right now, that is causing 'wall street' to collapse............JOBS and HOUSING...and they go back to BEFORE bush
let this INFORM you, these problems stem from: 1993, 1995, and 1999 and you can thank the liberals for it, and most of it goes back to the clinton era. why because ECONOMICS run in 10(+/-4) year CYCLES and what we are facing NOW is in DIRECT RELATION to what happened back in the 90's
1993 NAFTA-originally pushed by Brezezenki and his puppet carter,,moved along by reagan----negotiated by another brezezenki puppet bush1--- passed in 1993 by the democrat controlled congress, pushed by clinton, signed by clinton-inceased with CAFTA by bush2--the consequence ...... 60+ million HIGH PAYING jobs have been lost, 2 trillion worth of debt from the lost wages.(and obamy wants to increase it too,,,hmmm)
1995 clinton (through his chief of HUD (Henry Cisneros and later his second chief andrew coumo)) eased the rules on obtaining mortgages allowing more 'exotic' mortgages and 'no-doc/low doc' mortgages-----the consequence ......housing SKYROCKETED causing low inventories causing a 'not normal' increase in home prices, sellers got greedy, buyers got even greedier (looking to PROFIT in a skyrocketing market by flipping) and bought THINKING that prices would still increase and their ADJUSTABLE mortgage would pay it self off in MINIMUMAL years...EVEN THOUGH THESE INCREASES IN HOME VALUES WERE TOTALLY UNHEARD OF, AND MORTGAGE RATES WERE AT 40 YEAR LOWS( what did they think an adjustable mortgage gotten at 40 year lows would do in the term(3 months-3years) when it adjusted...of course it would go up, their CONTRACT even said after the term it would be 6% PLUS PRIME)))
For many potential homebuyers, the lack of cash available to accumulate the required downpayment and closing costs is the major impediment to purchasing a home. Other households do not have sufficient available income to to make the monthly payments on mortgages financed at market interest rates for standard loan terms. Financing strategies, fueled by the creativity and resources of the private and public sectors, should address both of these financial barriers to homeownership."
The above is the start of the mortgage meltdon: Clinton's National Homeownership Strategy
1996 clinton signed The Telecommunications Act of 1996 (The Act was claimed to foster competition. Instead, it allowed industry consolidation whose actions reduced the number of major media companies from around 30 in 1993 to 10 in 1996, and reducing the 10 in 1996 to 6 in 2005.) causing MONOPOLIES, which can RAISE PRICES
1998 clinton does not allow drilling for OUR OWN OIL..the liberals say 'it will take ten years before we seee the oil'...guess what its been ten years
1999 Clinton DEREGULATES the banking industry
2000 clinton signs the China trade bill
2000 clinton signs the Commodity Futures Modernization Act of 2000..(which paves the way for ENRON)
2000/1 clinton pushes to get china into the world bank
2003/4/5 republicans try to reighn in fanny and freddie...the liberal opposition leaders (barney frank and cris Dodd) say "there is nothing wrong with fanny/freddy..its a witch hunt"........boy does barney have egg on his face now
1965 liberals push medicare....say it will only cost 10 billion by 1995....in 1995 it cost 100 billion...in 2010 it cost 500 billion AND CLIMBING
it aint the gop.....its the liberals tahat have cost us
Harding and his sucessor set up the stock margin buying boom that led directly to the crash of '29. Good job, guys.
Hoovers big spending and big Progressive Government led to the same thing Woodrow Wilson caused.
Instead of Harding and Coolidge, Hoover and FDR thought they needed to get government involved and prolonged and drug out a long lasting depression.
As much as conservatives wish to put on their blinders and pretend that Bush never happened, we will unfortunately be dealing with his disastrous Presidency for decades. It's good to see competence back in the Executive Branch again, but I seriously doubt our ability to recover from the Bush years in the next ten years. Actions have consequences that can last a long time, and unfortunately we will be feeling the effects of Bush's incompetence for many years to come. Our history is what makes us what we are today, and history will show what a horrible condition Bush left this country in, a condition that will take many years, possibly decades, to recover from.
Bush??? He's old news in case you haven't heard theres a new sheriff in town....... Can't you find someone else to whine about?
Why don't we take the faces of Washington and Lincoln off our currency since they're almost ancient history. While we are at it, let's forgive Mussollini, Stalin and Hitler because it was just so damn long ago and we should let bygones be bygones. Memorial Day and July 4th are really played out, so let's go ahead and wipe those days off the calendar. Who needs history anyway. Oh yeah, those serial killers? Overturn their sentences, they're old news now.
"Those who cannot remember the past are condemned to repeat it". -George Santayana
"Those who cannot remember the past are condemned to repeat it". -George Santayana
well I guess americans have NO MEMORY...because they got rid of bush43, and installed obusha44
better talker, same globalist
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