THE FDR MYTH ....exposed
- Thread starter CrackerJax
- Start date
passthedutchfo19
Member
Thank you for pointing this out. I was reading through the thread wondering when someone was going to mention how FDR stole all of the citizens gold and then immediately devalued the currency.
Also glad you pointed the obvious reason the USA was so successful after WWII. I doesn't take much logic to realize that the United States prospered after WWII because all of the other economies in the world were decimated.
Thank you for saving me the time of explaining all of that
theexpress
Well-Known Member
i fully agree.....
IMO the only way we as humans have devised a way to get out of massive debt is by killing other people, taking over their country and selling their resources. We WILL have another world war due to all of this fraud and debt in the system.
NOT!! The Government regulates 1000's of more things than it did 100 years ago and we are still going to drown in the debt. Has nothing to do with government inaction, but government ACTION that has harmed the nation. If the government had just stayed out of the lives of the people and the economy the downturn would quickly have cleaned up the bad debts and we would have seen new growth in less than 2 years, but because government decided to intervene with all of its expensive wasteful social programs we had 10 years of shit.
Government cannot create any wealth, they can only use it, so every program, employee, politician, resource of the governments only puts more and more strain on the Taxpayer.
Balzac89
Undercover Mod
My point was that when a business sector has no one to answer to they will run rampant. You don't seem to understand my point. People will do unwise things because they can make a quick profit. The great depression was caused by the stock market not being regulated. And today's recession was caused by the banking and housing being deregulated by Master Bush.
undertheice
Well-Known Member
private industry depends on the accumulated wealth of all individuals. no product or service can be marketed to an ailing consumer base. government, on the other hand, is only concerned with the population as a whole. government is supported by the total wealth of the nation, no matter how few hands may hold that wealth. the poverty of the few or the many is inconsequential to government as long as it can wring its pound of flesh from those who can retain wealth and maintain the illusion that it is striving for the equality of the remainder.
ViRedd
New Member
This is an excellent post, ND.
Only one out of ten thousand understands what ND posted above. As soon as Americans understand what government has done to the citizen's control over THEIR OWN MONEY, we will have a revolution. Oh wait ... did anyone see the enormous crowds at the TEA Party protests on April 15?
CrackerJax
New Member
Yes, all true..... but first at least can we just all agree that the economics used by FDR were a failure? The facts have been in for a long time but is seldom examined.
Get rid of Keynesian economics and lots of the problems will recede. You can't fix anything by sliding the USA into irreversible debt.
Others will do the deciding for you...and you won't like it one bit.
Get rid of Keynesian economics and lots of the problems will recede. You can't fix anything by sliding the USA into irreversible debt.
Others will do the deciding for you...and you won't like it one bit.
passthedutchfo19
Member
You are way off base with this accusation. The government is responsible for many of the financial crises in the history of this country, most importantly the Great Depression. The GD was caused by the Feds manipulation of the money supply and interest rates. The government vastly expanded the money supply and kept interest rates artificially low, leading to a huge economic bubble. While you blame the greedy investors, the Fed is what made their actions possible. The main cause of the GD was the expansion of the money supply in the 1920s that led to an unsustainable credit-driven boom. It was this inflation of the money supply that led to an unsustainable boom in both asset prices and capital goods. By the time the Fed belatedly tightened the money supply in 1928 it was to late to avoid a depression. Furthermore, the artificial interference of the government in the economy was a disaster prior to the Depression, and their efforts to prop up the economy after the crash of 1929 only made things worse. Government intervention impeded the markets ability to adjust itself, and made matters worse.
ever heard of the movie A Beautiful Mind?
the best group outcome arises from everybody doing what's best for themselves. old economic theory.
the best group outcome arises from everybody doing what's best for themselves and the group. new economic theory, the one that's been proven true countless times.
the best group outcome arises from everybody doing what's best for themselves. old economic theory.
the best group outcome arises from everybody doing what's best for themselves and the group. new economic theory, the one that's been proven true countless times.
Sure, I guess you could say that. IMO he was disillusioned, he thought he was doing so much good that he was blind to how his efforts only did the exact opposite of his intentions.
Hoover was not a coward, he just had almost ZERO experience leading a country or being a politician , he was a engineer for god sakes. Everyone knows that if you put someone with no experience up to task he is going to fail quite a bit until he learns the ropes. 4 years is not enough time. Sounds like someone else we all know doesn't it?
CrackerJax
New Member
You haven't a clue have you..... holey mackerel.
FDR destroyed the free markets..... which destroyed any hope of a recovery.
Please.... FDR was SO about the economy..... that is a ridiculous thing to say. Why do you think he made all of the vast changes. To change the economy.... which according to Balzac....he wasn't about at all. FDR was like a big boy scout...helping them across the economic street.
BS!!! Let's not become completely naive now.....
FDR enacted unproven and as it turned out to be, a recovery killing economic model. This is the very same model Obama is using today.
The USA would have already been free of this mess if Obama hadn't been elected. TRILLIONS would NOT have been added to our debt bill. Much more is to come.....
but wake up (all except RED who is well.... slow) to the reality of what is happening.
When the facts are put in front of you and you go into denial.... it only means one thing. The problem isn't with the facts.
FACT: FDR delayed and damaged the country by destroying the free market system. Only after his plans were finally rejected, did the country recover.
What should have been a rough 5 years, turned into a rough 15 years..... thanks to Keynesian economics......
And Harvard grad Obama & Democrat Congress are doing the same thing....
They are so smart.... uhhh no.