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My stats are correct... What Right Wing blog site are you getting yours from?...
We are still waiting for concrete evidence to back up your claims that you based this entire thread upon. In a quick search, all that popped up was references to the Boris Borisov article that was deleted from Wikipedia.
Both recessions were created by the Federal Reserves and with the help of the government & Federal Reserves (yes, the one who created the problem) that turn into a depression.
The only different between then and now is then, the currency is back by gold, so they cannot be freely printed. Now, they can be free printed.
You forgot to mention that both Presidents, Roosevelt then and Obama now made and are making the depressions WORSE by spending money the government does not have , the debts from which were thrown on the backs of the taxpayers. Of course it is going to be much worse now because little does President Obama even REALIZE but we are borrowing money from the Chinese to pay the IMF. Of course we are in untold wars that we can't afford. We are bailing out banksters and corporatists. We are headed for a train wreck FAR WORSE than the so-called "Great Depression" which will look like a walk in the park ever everything is said and done.
The sad thing is we have PROOF of what DOES work to bring ends to depressions quickly as President Harding did in "The Forgotten Depression" which in some respects was worse than "The Great Depression" that came later. The difference was President Harding did the RIGHT thing and let businesses fail; lowered taxes for everyone; cut back on the size of government and guess what happened? The free market corrected everything. The cream rose to the top; companies started hiring and the "depression" was over in less than a year.
Why doesn't President Obama follow President Harding's example? He doesn't because that would mean no FREE RIDE and taxpayer financed boon to the banksters and corporatists and govt. elites. It would mean the Patriot Act would have to be repealed and our liberties would have to be restored. The government would have to give back control to the people who they are supposed to be working for. We certainly couldn't have that now, could we? That might be something like what we had in the 1990's. I think it was called a "FREE COUNTRY".
Many similarities between now and then. We absolutely have to start throwing bankers in jail for their crimes. Jamie Dimon of JP Morgan, I'm looking your way scumbag.
We are still waiting for concrete evidence to back up your claims that you based this entire thread upon. In a quick search, all that popped up was references to the Boris Borisov article that was deleted from Wikipedia.
The difference was President Harding did the RIGHT thing and let businesses fail; lowered taxes for everyone; cut back on the size of government and guess what happened?
Why doesn't President Obama follow President Harding's example?
Harding was assassinated, oops, I mean, died of food poisoning, oops again, I mean of a stroke....
Ya, it looks like this BS is making the rounds in liberal forums and blogs again.
I didnt even have to look around to see that it most likely was making the rounds in the liberal forums and blogs.. Liberals dont have an original thought, they read something, cant disect the errors with it, so they repeat it as if its true...
NAFTA was a republican bill drafted under Bush,..Not to mention the far right today selling out the american people by shipping jobs to communist China and filibustering every bill the democrats introduced to stop it.
Both Democrats and Republicans sold the nation out with Free Trade and Globalization--and continue to do so. Ditto endless wars that benefit us NADA but cost trillions we have to BORROW and pay back with interest.
The Libertarians are the only political group that will not continue to follow the path to America's total collapse.
Harding was assassinated, oops, I mean, died of food poisoning, oops again, I mean of a stroke....
I read somewhere his wife may have had something to do with it...he and Bill Clinton had a lot in common in some respects.
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