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To: To-Whose-Benefit?

What they did not say was that Hoover’s response to the crash of 1929 was the initial cause of the depression. Big government stimulus, heavier regulation, and the Smoot-Hawley tariff act.


14 posted on 08/22/2011 9:02:55 AM PDT by nuke rocketeer (File CONGRESS.SYS corrupted: Re-boot Washington D.C (Y/N)?)
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To: nuke rocketeer

If you had to point to one thing that started the dominoes falling, it would have to be smoot-hawley ( stand by to get flamed by the trade imbalance pro taraff people )


21 posted on 08/22/2011 9:43:01 AM PDT by joe fonebone (Project Gunwalker, this will make watergate look like the warm up band......)
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