Skip to comments.Is Zero's 9-8-11 Speech The Last Pretty Speech of the Frankie & Ellie "New Deal" Abomination?
Posted on 09/05/2011 3:04:57 PM PDT by Graewoulf
'Frankie and Ellie weren't sweethearts, but oh how they did hate the USA. They stuck in to us back then while chatting, by the fire of the of The New Deal, on display.'
Yes indeed, THE NEW DEAL! To bad the unemployment rate was still 20 % when Pearl Harbor blew up. It would have been one data point to support ol' John Maynard Keynes and his style of Socialism. Did he ever visit America? Probably not. KM* never visited Russia. Both were Brits - - - .
Anyway, we damn sure aren't going to get a positive data point for the speculation called Keynesianism Economics out of the current" Zero Era." Wow, I like the way that sounds! Obama Nation sort of, well, - - - maybe I drank my CO2 filled beer to fast?
Anyhow, no more digressions! Will Zero culminate "The Failed New Deal Era" by perpetuating the error of more debt creation? Will this be the shineing beacon in THE VALLEY OF DEBT to keep on digging deeper? Or will he stick out his lower lip, pout, blame others and keep on lying about who wears the pants in HIS family?
What say you in FR Land?
Keynes did visit the US. Most memorably, after the end of WW II, he led a delegation to Washington that sought a large grant from the US to prop up the English economy and the newly elected Labour government’s program of socialism. This request was urged on the basis that, after all, it was Britain that had defeated Hitler and Germany. That was too much to ask even of Truman and New Deal Democrats and Keynes and his delegation went home empty-handed.
We’re living through the Zer0 Deal.
Yeah, and it “feels” like a really bad time-warp!
” THE NEW DEAL! To bad the unemployment rate was still 20 % when Pearl Harbor blew up. “