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To: SeekAndFind

That was great!!!

Phillip Dennis, the tea party guy kicked Matthews’s sorry ass!


4 posted on 10/18/2009 1:59:31 PM PDT by aquila48
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To: aquila48
Phillip Dennis, the tea party guy kicked Matthews’s sorry ass!

The only regret I have is that Mr. Dennis wasn't historically knowledgeable enough to CORRECT Chris Matthew's assertion Herbert Hoover did nothing after the 1929 stock market crash.

Hoover INTERFERED with a lot of things. He RAISED TAXES and also signed the PROTECTIONIST Smoot-Hawley Act among other things. Amity Shlaes' fantastic book -- THE FORGOTTEN MAN actually detailed all the market interfering policies Hoover did.
8 posted on 10/18/2009 2:06:49 PM PDT by SeekAndFind (wH)
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To: aquila48

I’ve been pondering the “stupid red neck” epithet the libs love to throw out with great superior disdain. Phillip Dennis addresed this head on. Phillip Dennis, a white Christian male, ran circles around the ignorant, racist, bigot, Chris Matthews. Christian morality is often attacked by those who are offended by it. To be moral does not equate to fast $$$$ and control and so it is mocked.


9 posted on 10/18/2009 2:09:51 PM PDT by EverOnward
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To: aquila48

FOLLOW UP to my previous post....( just to show how ignorant of history Chris Matthews is ( and he has the gall to refer to the Great Depression as if he knew his history )) :

http://en.wikipedia.org/wiki/Herbert_Hoover

Hoover agreed to roll back previous tax cuts his Administration had effected on upper incomes. In one of the largest tax increases in American history, the Revenue Act of 1932 raised income tax on the highest incomes from 25% to 63%. The estate tax was doubled and corporate taxes were raised by almost 15%.

Also, a “check tax” was included that placed a 2-cent tax (over 30 cents in today’s dollars) on all bank checks.

Economists William D. Lastrapes and George Selgin,conclude that the check tax was “an important contributing factor to that period’s severe monetary contraction.”

Hoover also encouraged Congress to investigate the New York Stock Exchange, and this pressure resulted in various reforms.

National debt expressed as a fraction of gross national product climbs from 20% to 40% under Hoover; levels off under FDR; soars during World War II. From Historical Statistics US (1976)

For this reason, years later libertarians argued that Hoover’s economics were statist. Franklin D. Roosevelt blasted the Republican incumbent for spending and taxing too much, increasing national debt, raising tariffs and blocking trade, as well as placing millions on the dole of the government. Roosevelt attacked Hoover for “reckless and extravagant” spending, of thinking “that we ought to center control of everything in Washington as rapidly as possible,” and of leading “the greatest spending administration in peacetime in all of history.”

Roosevelt’s running mate, John Nance Garner, accused the Republican of “leading the country down the path of socialism”.


11 posted on 10/18/2009 2:11:11 PM PDT by SeekAndFind (wH)
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