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Keyword: herberthoover

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  • The Ghost of Smoot-Hawley Stalks Congress (Are we condemned to repeat the mistakes of the past?)

    10/04/2010 5:25:10 PM PDT · by SeekAndFind · 12 replies
    Real Clear Markets ^ | 10/04/2010 | Bill Frezza
    Just when you thought Congress couldn't possibly do more damage to the battered economy the House of Representatives, in a bipartisan act of impotent fury, voted 348-79 to light the fuse of a global trade war. Not since Herbert Hoover and Franklin Roosevelt tag teamed to turn a cyclic recession into the Great Depression have Democrats and Republicans jointly indulged in such destructive economic legislation. Congress is upset that China has pegged its currency to the dollar, as do many countries seeking monetary stability, not allowing it to appreciate as Uncle Sam prints up trillions. So the House passed the...
  • Forgotten Facts About Smoot-Hawley for the Stimulus Package Buy American Crowd

    02/05/2009 11:36:21 AM PST · by frithguild · 44 replies · 1,126+ views
    2/5/2009 | frithguild
    The Republican Party of the 1920's swept into power during a financial crisis. Errors in the Fed’s monetary policy in 1919 in kept rates too low to benefit the sale of Victory bonds. The Fed then tightened excessively due to inflation, creating a financial shock and depression from 1920 to 1921. At that time, the Republican Party viewed increasing tariffs as good policy. Thus, during the sixty seventh Congress, the Emergency Tariff Act of 1921 was passed as a temporary measure until a more comprehensive measure could be drafted. Ultimately, Fordney-McCumber passed in 1922, imposing an ad valorem rate of...
  • Donald Trump: A 21st Century Protectionist Herbert Hoover

    08/29/2015 9:14:18 AM PDT · by Hojczyk · 70 replies
    Newsmax ^ | August 29,2015 | By Stephen Moore & Lawrence Kudlow
    By Stephen Moore & Lawrence Kudlow Here's a historical fact that Donald Trump, and many voters attracted to him, may not know: The last American president who was a trade protectionist was Republican Herbert Hoover. Obviously that economic strategy didn't turn out so well — either for the nation or the GOP. Does Trump aspire to be a 21st century Hoover with a modernized platform of the 1930 Smoot-Hawley tariff that helped send the U.S. and world economy into a decade-long depression and a collapse of the banking system? We can't help wondering whether the panic in world financial markets...
  • Is Donald Trump a 21st-Century Protectionist Herbert Hoover?

    08/27/2015 6:51:48 AM PDT · by SeekAndFind · 107 replies
    National Review ^ | 08/27/2015 | by STEPHEN MOORE & LARRY KUDLOW
    Here’s a historical fact that Donald Trump, and many voters attracted to him, may not know: The last American president who was a trade protectionist was Republican Herbert Hoover. Obviously, Hoover’s economic strategy didn’t turn out so well — either for the nation or for the GOP. Does Trump aspire to be a 21st-century Hoover, with a modernized platform of the 1930 Smoot-Hawley tariff, which collapsed the banking system and helped send the U.S. and the world economy into a decade-long depression? We can’t help wondering whether the recent panic in world financial markets is in part a result of...
  • Genetic test proves President Harding DID father a love child (tr)

    08/13/2015 10:16:39 AM PDT · by dware · 71 replies
    Daily Mail ^ | 08.13.2015 | Ashley Collman
    FULL TITLE: Genetic test proves President Harding DID father a love child with mistress who he would have sex with in a West Wing closet One of the sauciest legends of the White House has finally been proven true, thanks to DNA testing. Relatives of President Warren G Harding revealed to the New York Times on Wednesday that he did indeed father a daughter in 1919 with his longtime mistress Nan Britton, after receiving the results of a genetic test linking them to the son of the love child. Rumors of Harding's infidelity became tabloid fodder in 1927, when Britton...
  • A phrase that altered history: "I do not choose to run..."

    08/08/2015 1:42:32 PM PDT · by re_nortex · 37 replies
    August 8, 2015 | Self
    It was 88 years ago this month that President Calvin Coolidge handed out strips of paper (that he cut himself) to members of the press during a brief conference with these words: I do not choose to run for President in 1928. This stunning event took place at the Summer White House in the Black Hills of South Dakota on August 2, 1927. The implications of Coolidge not actively seeking the Republican presidential nomination for 1928 reverberate to this day. While the terse phrasing appeared to leave the door open for a draft movement, the result was that Herbert Hoover...
  • Remembering Hoover's funeral, 50 years later

    10/26/2014 9:14:45 AM PDT · by iowamark · 14 replies
    Iowa City Press-Citizen | 10/25/2014 | Holly Hines
    Gannett paper, link only:
  • Herbert Hoover’s Anti-Market Policies Helped Turn an Economic Downturn into a Great Depression

    07/01/2014 3:45:03 PM PDT · by Kaslin · 13 replies ^ | July 1, 2014 | Daniel J. Mitchell
    There have been many truly awful presidents elected in the United States, but if I had to pick my least favorite, I might choose Herbert Hoover. I obviously have disdain for Hoover’s big-government policies, but I also am extremely irritated that – as Jonah Goldberg explained – he allowed the left to create an utterly bogus narrative that the Great Depression was caused by capitalism and free markets. Indeed, the Center for Freedom and Prosperity produced a video demonstrating that the statist policies of both Hoover and Roosevelt helped trigger, deepen, and lengthen the economic slump. Building on that theme,...
  • Mark Levin Show,Ray Charles Fridays,M-F,6PM-9PM,EDT,WABC AM,May 9,2014

    05/09/2014 2:35:09 PM PDT · by Biggirl · 21 replies
    Mark Levin Show ^ | May 9,2014 | Mark Levin
    The Legacy Lives On! Mark’s Lost Dog & Cat Rescue Foundation “Conservatism is the antidote to tyranny precisely because its principles are the founding principles.” --Mark Levin in Liberty and TyrannyWelcome to “The Levin Lounge”… Step in and have a virtual FRink.Taking the country by storm, one radio station at a time – and kicking the BUTTS of the competition! Welcome all, to the most FUN LIVE THREAD on! You can call Mark’s show: 1-877-381-3811
  • Rare Film From 1932 U.S.Military attacks demonstrating American War Veterans

    01/11/2014 5:21:46 PM PST · by chicagolady · 178 replies
    You Tube ^ | Jan 9, 2014 | Youtube
    History I never knew - SHOCKING Rare Film From 1932 .... they wouldn't do that to the citizens of the United States would they???? Can It Happen Again?
  • Tracking Academic Bias Historically

    01/02/2014 12:41:42 PM PST · by Academiadotorg · 15 replies
    Accuracy in Academia ^ | January 2, 2014 | Malcolm A. Kline
    Those of us who track academic bias have long been plagued by a nagging question: when did it start? From the recently published memoirs of one-term president Herbert Hoover, we learn that it’s at least as old as Clint Eastwood. “One day at Stanford, after I left the White House, I asked Professor Roninson, Dean of the History Department, to send me a list of books of required reading by all students in a course on ‘Citizenship,’” Hoover wrote. “I found about one hundred books listed, of which some thirty were objective descriptives of the machinery of our civil government...
  • Harding Dies — Coolidge Takes Charge

    08/02/2013 8:54:03 AM PDT · by Kaslin · 12 replies ^ | August 2, 2013 | David Stokes
    Ninety years ago today, on August 2, 1923, President Warren G. Harding died at the Palace Hotel in San Francisco, California. It was sudden, shocking, and has been fodder for conspiracy theorists ever since. His wife, Florence—described derisively by some as “The Duchess”—didn’t allow an autopsy, so we’ll never know exactly what caused the demise of the 29th President of the United States. It might have been congestive heart failure, or food poisoning, or even something more sinister. Seen in retrospect, through the prism of the scandals associated with his White House tenure, Harding is usually ranked well toward the...
  • Herbert Hoover, the "Independent progressive" in Woodrow Wilson's cabinet

    08/10/2012 9:26:40 AM PDT · by ProgressingAmerica · 17 replies
    In the "Mining and Scientific Press", March 20th, 1920 a section titled "Two Famous Letters From Mr. Hoover", this a paragraph from the second letter: (page 423) First I am an independent progressive in the issues before us today. I think that at this time the issues before the country transcend partisanship. It is well known that I was a Progressive Republican before the war and, I think rightly, a non-partisan during my war service. The issues confronting us are new and the alignment upon them has not yet been made by the great parties. I still object as much...
  • POLL TO FREEP: Who is your favorite American President?

    02/20/2012 6:41:45 PM PST · by NorCoGOP · 67 replies · 16+ views
    Greeley Tribune ^ | 02/18/2012
    On front page of website, no registration required.Shockingly, neither Carter nor the present occupant of the White House are choices...
  • Thanking America: When Americans Save Lives Overseas, it Doesn't Make the Textbooks

    11/24/2011 5:03:20 PM PST · by varialectio · 16 replies
    American Thinker ^ | November 24, 2011 | Jeff Lipkes
    In October 1914, over 5 million Belgians faced starvation. The German Army had invaded on August 4 and swept across the country in three weeks. Revisionist historians would later snicker about "atrocities" invented by the British, but the Kaiser's troops executed over 5,500 Belgians, women and children as well as men, though there was no civilian resistance to the invasion. Over 2 million refugees fled to Holland, France, and Britain. The Germans requisitioned all grain, flour, livestock, fruit, and vegetables. They seized the railroads, canals, all motor vehicles, and telegraph and telephone lines, and removed machinery from factories. The economy...
  • Live Thread: POTUS to speak to country at 1730 ZULU concerning S&P downgrade

    08/08/2011 8:31:48 AM PDT · by DCBryan1 · 794 replies · 2+ views
    08 AUG 11 | dcbryan1
    CNBC just broke in and told the audience that the President has requested airtime and will speak to the nation at 1300hrs EST (12 noon central, 10 AM PST) on the US national debt downgrade.Developing...
  • Obama's mentors include Hoover as well as FDR

    03/10/2010 8:28:45 AM PST · by Patriot1259 · 10 replies · 270+ views ^ | 03/10/2010 | Kevin Price
    Calvin Coolidge oversaw one of the greatest expansions in the history of the US economy. When Coolidge took office, he believed tax rates were too high. With top rates at over 70% following World War I and facing a protracted recession, Coolidge believed it was time to take serious actions. The combined top marginal normal and surtax rate fell from 73 percent to 58 percent in 1922, and then to 50 percent in 1923 (for incomes over $200,000). In 1924, the top tax rate fell to 46 percent (for incomes over $500,000). The top rate was just 25 percent (for...
  • Barack Obama, You Remind Me of Herbert Hoover (But it doesn't have to be that way)

    01/05/2010 4:33:00 PM PST · by SeekAndFind · 15 replies · 544+ views
    New Republic ^ | Jan 5,2010 | John B. Judis
    Barack Obama has been compared to almost every American President of the last hundred years--favorably to Franklin Delano Roosevelt, John Kennedy, and Ronald Reagan; and unfavorably to Jimmy Carter and George H.W. Bush. I want to put another name in the hat: Herbert Hoover. It might seem ludicrous, or unfair, to compare Obama to one of the most vilified presidents of the last century, but that’s because Hoover’s reputation is largely, or at least somewhat, undeserved--the product of Democratic attacks and Hoover’s own strident responses to these attacks. To his contemporaries, Hoover had been the American most suited to be...
  • Killing the Currency

    12/14/2009 9:00:16 AM PST · by FromLori · 26 replies · 830+ views
    The American Conservative ^ | 12/14/09 | Robert Murphy
    How Barack Obama and Ben Bernanke are destroying the dollar — and perhaps ushering in the amero First under the Bush Administration and even more so under President Obama, the federal government has been seizing power and spending money as it hasn’t done since World War II. But as bold as the Executive Branch has been during this financial crisis, the innovations of Fed chairman Ben Bernanke have been literally unprecedented. Indeed, it is entirely plausible that before Obama leaves office, Americans will be using a new currency. Bush and Obama have engaged in record peacetime deficit spending; so too...
  • History Lesson From the 'Twenties (how government policies caused the Great Depression)

    11/01/2009 3:52:19 AM PST · by reaganaut1 · 6 replies · 697+ views
    Barron's ^ | November 2, 2009 | Thomas. G. Donlan
    ... The Great Depression was caused by misguided government policies adopted to avoid the "unsatisfactory conditions" signaled by the crash. The run-of-the-mill recession that ought to have followed the crash was magnified by the policies of the federal government during the administration of Herbert Hoover. In a paper for the National Bureau of Economic Research published last August, Lee E. Ohanian examines a continuing mistake during the Hoover administration that helped transform difficulty into calamity. An economics professor at UCLA, Ohanian has written numerous papers on the Depression. In one earlier paper, he pinned the persistence of high unemployment on...
  • Finally, The Truth About Herbert Hoover, FDR, the Great Depression and the New Deal

    04/20/2009 4:28:30 AM PDT · by Kozman · 21 replies · 1,359+ views
    A great and dangerous myth exists that Herbert Hoover was a do nothing president and that his laissez faire attitude toward the economy resulted in the prolonging of the Great Depression. The myth continues that it was the activist policies of Franklin Roosevelt that finally turned the economy around. This myth is so prevalent that the current President, in his inaugural address, touched on the myth as a source of inspiration during the current downturn. "[We] saw a nation [during the FDR era] conquer fear itself, and a New Deal, new jobs, a new sense of common purpose. Yes we...
  • Unfair Competition From Overseas Deadly For American Car Industry

    11/21/2008 6:03:08 PM PST · by Kaslin · 112 replies · 2,100+ views
    IBD Editorials ^ | November 21, 2008 | Patrick J. Buchanan
    Who killed the U.S. auto industry? To hear the media tell it, arrogant corporate chiefs failed to foresee the demand for small, fuel-efficient cars and made gas-guzzling road-hog SUVs no one wanted, while the clever, far-sighted Japanese, Germans and Koreans prepared and built for the future. I dissent. What killed Detroit was Washington, the government of the United States, politicians, journalists and muckrakers who have long harbored a deep animus against the manufacturing class that ran the smokestack industries that won World War II. As far back as the 1950s, an intellectual elite that produces mostly methane had its knives...
  • The New Adventures of Wonderboy

    11/11/2008 5:09:17 AM PST · by vietvet67 · 14 replies · 179+ views
    The American Spectator ^ | 11.11.08 | Jeffrey Lord
    "That man has offered me unsolicited advice for six years, all of it bad." So said President Calvin Coolidge of Herbert Hoover, his Republican successor. Coolidge derided Hoover as "Wonderboy," according to biographer Robert Sobel, "because he always seemed to want to change things." Silent Cal, who presided over a legendary golden age of economic growth that featured unemployment levels dropped to the two's and one percent range, had a dim view of what he saw as Hoover's propensity for intervention in all manner of things, including the economy. Coolidge died two months before the 1933 inauguration of Franklin Roosevelt,...
  • The Silent Right and the New New Deal

    09/25/2008 5:13:53 PM PDT · by americanophile · 15 replies · 742+ views ^ | September 25, 2008 |
    As everyone knows the Wall Street crash of 1929 ushered in a period of profound and unprecedented hardship for the American people. Then president of the United States, Herbert Hoover fought valiantly to keep the government from wading into the financial crisis tried in vain to let the markets self-correct. For his efforts, Hoover was castigated as a do-nothing president, a failed leader, a man who allowed his nation to wither for the sake of ideological purity and a lack of compassion. Unemployment soared, commerce ground to a halt, and thousands of Americans found themselves waiting in soup lines and...
  • Add ‘Hoover’ To List Of Obama

    09/23/2008 6:00:47 AM PDT · by curth · 6 replies · 98+ views
    The Philadelphia Bulletin ^ | 9/23/2008 | Herb Denenberg
    By Herb Denenberg, The Bulletin 09/23/2008 We've all met Barack "Neville Chamberlain" Obama and Barack "Rev. God Damn America" Obama, so now let me introduce you to a third face: Barack "Herbert Hoover" Obama. Just as Sen. Obama learned nothing from Chamberlain and his talks with Hitler, and so proposes to talk without preconditions to Amadinejad, Fidel Castro, Hugo Chavez and the rest of the axis of evil, by like token, he's learned nothing from the lessons of Herbert Hoover and the Great Depression. Hoover was long the great nemesis of the Democratic Party, but that was perhaps before Sen....
  • Barron's: 'It's Almost as if Obama Wants to Repeat the Mistakes of Herbert Hoover'

    08/25/2008 3:25:23 PM PDT · by Rufus2007 · 24 replies · 172+ views ^ | August 25, 2008 | Jeff Poor
    It seems like a no-brainer: Raising taxes is bad. It's a shame that Barron's is one of the few outlets to pick up on it. An economic plan floated out by Democratic presidential hopeful Sen. Barack Obama, Ill., would raise taxes on incomes above $250,000 - with the highest rate at 39.6 percent - and redistribute the wealth to the poor and middle-class. But that would be a big mistake, according to an article by Jim McTague in the August 25 issue of Barron's. "It's almost as if Obama wants to repeat the mistakes of Herbert Hoover," McTague wrote. "During...
  • What I Found in Mr. Hoover's Papers

    07/28/2008 7:36:07 AM PDT · by AreaMan · 7 replies · 84+ views
    Hoover Digest ^ | 28 Jul 08 | Robert Service
    What I Found in Mr. Hoover's Papers By Robert Service Herbert Hoover understood that history is to be discovered not just in official documents but in the little details of the past. By Robert Service. Herbert Hoover had several careers of importance long before he became U.S. president. His exceptional ability as mining engineer, investor, and food-relief administrator is well attested to and widely known. He had a vision of a peaceful world where people could live in freedom from oppression and material want, and he understood better than any contemporary that, if that better world were going to be...
  • Kyl Spikes Schumer's Bush=Hoover Shtick

    03/23/2008 9:09:12 AM PDT · by governsleastgovernsbest · 34 replies · 2,163+ views
    NewsBusters ^ | Mark Finkelstein
    With Eliot Spitzer gone, Chuck Schumer moves to the head of the list of self-righteously bloviating New York pols. So it was particularly satisfying to see Sen. Jon Kyl [R-AZ] put Schumer is his place on today's This Week. A guest with Kyl for purposes of discussing the economy, Schumer clearly came in with a game plan: to analogize President Bush to the man who presided over the beginning of the Great Depression: Herbert Hoover. After he tried it twice, Kyl had had enough and unleashed a riposte that was as reasoned as it was devastating.
  • Hillary, Please Check the Oil While You're At It

    02/14/2008 4:00:31 PM PST · by governsleastgovernsbest · 17 replies · 26+ views
    NewsBusters ^ | Mark Finkelstein
    It's questionable whether Herbert Hoover ever really promised to put "a chicken in every pot." But even if Hoover did, he was a mere piker compared to Hillary Clinton. She's not just going to pick up the check. No, vote for Clinton and she'll personally provide for all your needs. Check out her remarks in a campaign spot today, as aired on this afternoon's Hardball. HILLARY CLINTON: Over the years, you've heard plenty of promises, from plenty of people in plenty of speeches. And some of those speeches were probably pretty good. But speeches don't put food on the table....
  • Herbert Hoover and Media

    02/04/2008 8:31:25 AM PST · by bs9021 · 8 replies · 91+ views
    Campus Report ^ | February 4, 2008 | Jeremy Hempel
    Herbert Hoover and Media by: Jeremy Hempel, February 04, 2008 President Herbert Hoover (1929-1933) had some encouraging words for discouraged citizens plagued by today’s one-sided approach to media. A Republican who rose from son of a blacksmith to become the president of the Unites States, his administration faced the Great Depression. The former president warned of the dangers that a mass communication system controlled by one way of thinking would sway the nation into “untruth”. The 31st president wrote to the book The Challenge to Liberty in 1934 saying: “Bureaucracy has already developed a vast ramifying propaganda subtly designed to...
  • Is The US Becoming A "Banana Republic"?

    03/19/2006 5:42:04 AM PST · by B4Ranch · 28 replies · 890+ views ^ | Sunday, March 19, | na
    Are foreign countries and companies using the "Wal-Mart model" to undermine American industry? US economic incentives and trade policies encourage foreign producers to invest in this country. While the nation may be experiencing short-term benefits from foreign investment, the long-term harm may far exceed expectations, as is the case when Wal-Mart has invested in some local communities. Undermining American Industry The result of these US economic incentive and trade policies seems to be dramatic erosion of American industry through predatory competition and utilization of cheap overseas suppliers, analogous to the displacement of many local merchants that sometimes follows the introduction...
  • Sheep's Clothing and Adam Smith

    03/14/2006 5:16:28 PM PST · by antisocial · 72 replies · 714+ views
    World Net Daily ^ | March 13, 2006 | Vox Day
    Sheep's clothing and Adam Smith -------------------------------------------------------------------------------- Posted: March 13, 2006 1:00 a.m. Eastern By Vox Day -------------------------------------------------------------------------------- © 2006 How does one resolve the question of the presumably cataclysmic meeting between the hitherto immovable rock and the historically unstoppable force? Perhaps by reversing the logic of the famous question: "Who are you going to believe, me or your lying eyes?" Is the rock truly immovable? Or, alternatively, is the force actually unstoppable? I mention this because I have long been a vocal advocate of free trade. I was raised on Adam Smith, inoculated against the usual collegiate flirtation with...
  • US employers added 108,000 jobs in Dec; jobless rate dips to 4.9%

    01/06/2006 8:38:58 AM PST · by Smogger · 109 replies · 2,753+ views
    Singapore Times ^ | 1/6/2006 | AP
    WASHINGTON - Job growth slowed in December - following a big hiring spurt in November - with US employers expanding payrolls by just 108,000, underscoring the sometimes choppy path travelled by job seekers. The Labour Department's fresh snapshot of the nation's jobs climate, released on Friday, also showed that the unemployment rate dipped from 5 per cent in November to 4.9 per cent in December, as some people left the labour market for any number of reasons. The 108,000 gain in payrolls registered in December followed a big pickup of 305,000 jobs added in November, according to revised figures released...
  • New US jobless claims hit 5-year low

    01/05/2006 11:49:58 AM PST · by FreeKeys · 48 replies · 1,076+ views
    Yahoo News ^ | 1-5-2006 | By Amanda Cooper
    The number of U.S. workers seeking new jobless benefits fell last week to its lowest in over five years, the government reported on Thursday and a private group said the services sector grew last month, boding well for the economic outlook. The strong data came one day before the closely watched Labor Department report on employment. Economists expect a solid 200,000 gain in nonfarm payrolls in December, with the jobless rate holding steady at 5 percent. In other data, major U.S. retailers on Thursday reported that deep discounts lured holiday shoppers last month and pushed sales slightly ahead of modest...
  • August 10: manteo Booksellers' Annual Herbert Hoover Celebration

    08/10/2005 4:06:13 PM PDT · by Taft in '52 · 5 replies · 289+ views
    Manteo Booksellers' Annual Herbert Hoover Celebration Each year, on August 10th, we celebrate the birthday of the man who loved poetry, dogs and fishing (not necessarily in that order). We have a fun-filled author event, live musical entertainment, Happy Birthday Herbie cakes, our world-famous "Herbert Sherbert" punch, Herbie trivia contest (all the answers are available in the Herbert Hoover fun facts posted throughout the bookshop on his birthday) and our own Herbie shrine loaded with Herbert Hoover memorabilia and our private collection of Hoover books for guests to peruse
  • July budget deficit narrows to $52.79 billion

    08/10/2005 1:30:00 PM PDT · by Smogger · 23 replies · 577+ views
    Reuters ^ | Wed Aug 10, 2005 2:07 PM ET | Reuters
    WASHINGTON (Reuters) - The U.S. posted a smaller than expected $52.79 billion budget deficit in July as revenues swelled, a Treasury Department report showed on Wednesday. Wall Street analysts had expected the government to post a $57 billion budget gap in July, following a $69.16 billion deficit in the same month in 2004. In its monthly budget statement, the Treasury Department said government receipts rose to $142.09 billion in July -- a record high for the month -- compared to $134.42 billion in July last year. Outlays fell to $194.88 billion from $203.58 billion in July 2004. For the fiscal...
  • Salvation Army, Surplus Freight opening outlets in Wilkes-Barre

    06/29/2005 12:15:00 PM PDT · by Willie Green · 1 replies · 684+ views
    The Citizens Voice ^ | 06/29/2005 | James Conmy
    For education and discussion only. Not for commercial use. Salvation Army will open an anchor store with 30,000 square feet of retail space in the former Service Merchandise building on Kidder Street, Wilkes-Barre. When the store opens this fall, it will replace the non-profit organization's 15,000 square foot location on business Route 309, Wilkes-Barre Township, said Jerry Balara, general manager of Salvation Army's adult rehabilitation center. "We expect to get to the point where we can double our sales at that location," Balara said. "Once the store becomes established, given the fact it is twice the size, we expect the...
  • Home construction soars, consumer prices dip (Housing starts post biggest gain since September 1997)

    01/19/2005 11:31:07 AM PST · by Smogger · 19 replies · 1,517+ views
    MSNBC ^ | 12:29 p.m. ET Jan. 19, 2005 | MSNBC News Services
    WASHINGTON - Home construction rose strongly last month, marking a recovery from a weather-induced November slowdown. U.S. housing starts climbed 10.9 percent in December, the biggest jump in more than seven years, as groundbreaking activity increased across the nation. The Commerce Department reported housing starts rose to a seasonally adjusted annual rate of 2.004 million units in December from an upwardly revised 1.807 million pace a month earlier. That was the largest one-month gain since an 11.2 percent increase in September 1997. For the full year, housing starts rose 5.7 percent to 1.953 million. That is the slowest rate of...
  • Herbert Hoover - he's needed now (Ref:Tsunami)

    01/12/2005 8:21:52 PM PST · by The Loan Arranger · 7 replies · 545+ views
    Tri-City Herald ^ | January 11, 2005 | Jay Ambrose
    The generosity of the world in the face of the Indian Ocean disaster has been overwhelming, but there is something else on which millions of lives will depend equally as much. That's administrative skill - the sort of logistical brilliance once evidenced by perhaps the most unfairly maligned of any historically prominent American, Herbert Hoover. With news outlets already reporting concerns about coordinating the efforts of a welter of agencies aiming to distribute food, water, medicine and other necessities to tsunami victims in South Asia, Hoover's name comes to mind. This Stanford-educated engineer, innovative businessman, deeply caring humanitarian and one-term...
  • Wachovia Plans to Layoff 829 SouthTrust Workers in Birmingham

    11/26/2004 10:39:02 AM PST · by Willie Green · 6 replies · 490+ views
    WTVD-TV ^ | 11/26/04 | The Associated Press
    BIRMINGHAM, AL — Wachovia Corp., the new owner of SouthTrust Corp., plans to cut 829 jobs in Birmingham between January 2005 and March 2006. More layoffs are expected to follow. The job losses represent about 20 percent of the 4,000 people SouthTrust employs in Birmingham. Charlotte-based Wachovia, which bought SouthTrust last month, told state officials about the job cuts Wednesday, as required by laws that demand disclosure of mass employment cuts. Wachovia, the country's fourth-largest bank, has said it can eliminate $255 million in annual expenses by combining its operations with those of SouthTrust, once Alabama's biggest financial institution. The...
  • The New Economy: Just Another Name for Big Government?

    11/25/2004 10:15:10 AM PST · by Willie Green · 8 replies · 575+ views ^ | Wednesday, November 24, 2004 | Alan Tonelson
    For education and discussion only. Not for commercial use.We couldn't help but be struck by the real message conveyed by a recent brief in the Washington Post Sunday business section on job gains and losses near the nation's capitol. The item juxtaposed the shuttering of General Motors' van assembly plant in Baltimore with the announcement that new high tech jobs were being created in Northern Virginia. At first glance, these developments seemed like an unalloyed triumph of the New Economy and a clear sign that traditional manufacturing is fading into irrelevance. After all, the Post writer emphasized that the GM...
  • Poland Honors Herbert Hoover in Exhibit

    11/13/2004 7:32:25 AM PST · by lizol · 6 replies · 389+ views
    Yahoo! News ^ | Fri Nov 12, 2004
    Poland Honors Herbert Hoover in Exhibit WARSAW, Poland - Herbert Hoover, the former U.S. president associated at home with the despair of the Great Depression, is remembered as a hero to Poles in an exhibit that opened Friday. The show at Warsaw's Royal Castle, "American Friendship: Herbert Hoover and Poland," features photographs, letters and other exhibits that highlight his work to help orphans, impoverished Jews and the many other hungry Poles after both world wars. From 1919 to 1921, Hoover directed the American Relief Administration, an organization that raised private and government money to pay for relief efforts to Poland...
  • Kerry and his Navarrean toughness

    06/26/2004 5:45:22 PM PDT · by SunkenCiv · 2 replies · 332+ views
    Sacramento Bee ^ | Sunday, June 6, 2004 | George F. Will
    Kerry's message to Nevadans — essentially, "I feel your hypothetical pain" — testifies to his readiness to do whatever it takes to win. As does his vow last week that, if elected, he would renegotiate the Central American Free Trade Agreement (CAFTA). He would try to force signatory nations (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and, soon, the Dominican Republic) to adopt labor and environmental standards more pleasing to him... Time was, Kerry was a free trader. Now he favors "fair trade," as defined by his labor allies. But he still is a critic of what he and likeminded...
  • Kerry team gives Bush 'Hoover award'

    03/29/2004 11:00:16 AM PST · by GailA · 48 replies · 208+ views
    The Washington Times ^ | 3/9/04 | unknown
    <p>WASHINGTON, March 9 (UPI) -- Sen. John Kerry's campaign Tuesday gave U.S. President George W. Bush an award he didn't want for losing more jobs than any U.S. president since Herbert Hoover.</p> <p>Kerry Campaign Chairwoman Jeanne Shaheen announced the symbolic and satirical presentation of a fictitious "Herbert Hoover Award" to the president Tuesday, the day he was honoring quality leaders in U.S. business at the Malcolm Baldridge National Quality awards.</p>
  • Hoover gibes strike home

    03/29/2004 7:07:30 AM PST · by ijcr · 8 replies · 247+ views
    The Washington Times ^ | 03/29/2004 | AP
    WEST BRANCH (AP) — Democrats say it repeatedly: George W. Bush is the first president since Herbert Hoover to lose jobs on his watch. When they hear that or related claims about the Depression-era president, the folks in West Branch wince. "They've dug up poor Mr. Hoover again and tried to turn him into the boogeyman of the campaign," said Tim Walch, director of the Herbert Hoover Presidential Library and Museum.
  • How Bush compares with Hoover on jobs

    02/22/2004 7:42:53 AM PST · by quantim · 44 replies · 418+ views
    The Detroit News ^ | Sunday, February 22, 2004 | Thomas Bray
    <p>Barely a day goes by without someone in the Democratic Party or the media comparing the Bush record on jobs with that of Herbert Hoover.</p> <p>“This all started when George Bush became president,” said Democratic National Chairman Terry McAuliffe in Oregon last week. “George Bush has been a disaster. George Bush will be the first president since Herbert Hoover who lost jobs during his presidency.” A story later in the week by White House AP correspondent Terence Hunt repeated the Hoover comparison.</p>
  • Herbert Hoover's daughter Hillary

    04/30/2003 7:07:09 AM PDT · by Phantom Lord · 11 replies · 456+ views ^ | 04/30/03 | Ben Shapiro (18 years old!)
    Herbert Hoover's daughter Hillary George W. Bush is Herbert Hoover. Or so Hillary Clinton and her Democratic cronies want you to think. "(The Republicans) have the most wrongheaded economic policies that we've seen since Herbert Hoover," Sen. Clinton (D-N.Y.) sneered to a group of rabid Connecticut Democrats at the Democratic Party's annual Jefferson Jackson Bailey Dinner on April 28. Hillary must not remember Jimmy Carter's wonderful economic tenure during the late 1970s. She must also have forgotten that Franklin D. Roosevelt's presidency watched the Great Depression remain Great for eight years. But for the sake of argument, let us assume...
  • The FReeper Foxhole Remembers The Bonus Army of 1932 - Mar. 30th, 2003

    03/30/2003 12:00:09 AM PST · by SAMWolf · 49 replies · 12,331+ views
    Dear Lord, There's a young man far from home, called to serve his nation in time of war; sent to defend our freedom on some distant foreign shore. We pray You keep him safe, we pray You keep him strong, we pray You send him safely home ... for he's been away so long. There's a young woman far from home, serving her nation with pride. Her step is strong, her step is sure, there is courage in every stride. We pray You keep her safe, we pray You keep her strong, we pray You send her safely home...