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Keyword: newdeal

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  • The Source of American Prosperity

    12/05/2009 5:47:15 PM PST · by Tom Hawks · 18 replies · 717+ views
    Enterprise Record Post Scripts ^ | 12/5/09 | Tina Grazier
    The trouble with the current administration is that they believe their ideas are the solution to our problems; what they fail to realize is that the American people are the solution.After years of solutions from the left, too many Americans have lost the grit and determination of past generations. They have become a collection of "have nots". Some no longer feel the sting associated with dependency in adulthood and easily buy into the hope and change fraud of government solutions to their predicaments. Our recent financial woes have made productive people, the "haves", weary and worried about a future with...
  • The New Deal Made Them "Right"

    10/18/2009 11:57:05 AM PDT · by BluesDuke · 18 replies · 876+ views
    Reason ^ | 16 October 2009 | Damon W. Root
    Toward the end of a mostly sympathetic profile of the great journalist and critic H. L. Mencken, Christopher Hitchens once claimed that Mencken’s only “brilliance and verve” occurred during “the period between 1910 and the end of Prohibition.” Which is to say, before Franklin Roosevelt’s New Deal came along. It’s an all too common refrain. Biographer Terry Teachout characterized Mencken as “blinded partly by his hatred of Roosevelt.” Mencken scholar Charles A. Fecher—whom you’d expect to know better—declared Mencken’s opinion of Roosevelt to be “maniacal—there is no other word to use.” Although it’s true that Mencken ended the 1930s as...
  • Today's Crisis Is Rooted In 1930s Policies

    09/25/2009 7:28:51 PM PDT · by Kaslin · 12 replies · 786+ views
    IBD Editorials ^ | September 25, 2009 | EAMONN BUTTLER
    A year after the financial bubble burst, recovery still struggles against the political meddling that caused the recession in the first place. But the G-20 meeting of government leaders in Pittsburgh offers more of the contradictory promises made in April, offering bailouts and subsidies while condemning protectionism. We would all be better off if the Western economic powers had simply let the recession work itself out. The financial crisis was not caused by bankers. Bankers have been doing their business for centuries. They did not simply get together and agree that suddenly they would take huge risks and get really...
  • Economists Worry POTUS Making Same Mistakes as FDR, Could Lead to Depression

    09/07/2009 4:07:42 PM PDT · by Shellybenoit · 16 replies · 848+ views
    UK Telegraph/The Lid ^ | 9/7/09 | The Lid
    One of the biggest myths about the great depression is that FDR's NEW Deal and the related government intervention and public works projects got us out of the Great Depression. The truth is that the New Deal did not work. Instead of creating growth in the private sector, it created government growth that squeezed out the private sector. Of course, the number one public golf course in the country Bethpage Black (where the US Open played this year) was a was a New Deal Federal works project, but that only cures MY depression, it did little for the country. As...
  • The Sun interview with Van Jones

    08/28/2009 1:36:47 PM PDT · by marstegreg · 11 replies · 695+ views
    The Sun ^ | March 2008 | David Kupfer
    Obviously, you’ll want to split the business community: the problem makers should get nothing but grief; the problem solvers should get plenty of support. Right now the problem makers — the warmongers, the polluters, the clear-cutters, the incarcerators — get all the support they need from the government. The problem solvers — the solar engineers and the people who are growing local and organic produce — get very little support from any level of government. We want to lure the government away from the problem makers and put it back on the side of the problem solvers: give them the...
  • Hillsdale College Professor Burt Folsom Interviewed on CSPAN's Washington Journal This Morning

    08/04/2009 7:42:39 PM PDT · by hillsdale1 · 7 replies · 615+ views
    C-SPAN ^ | 8-4-09 | Hillsdale College
    Burt Folsom takse a look at the future of the economy, as some say it is showing signs of improvement. He also discusses his book, “New Deal or Raw Deal: How FDR’s Economic Legacy has Damaged America,” and his speech today at the Young America Foundation’s conference.
  • need help refuting liberal talking points on FDR's New Deal

    07/29/2009 2:11:00 PM PDT · by mainestategop · 42 replies · 956+ views
    I am currently planning an essay and a youtube presentation about FDR's new deal. I want to refute claims that it brought an end to the Great Depresion and show that it actually made the depresion worse. I've been getting a lot of moonbats on Youtube and my blog claiming that Obama's stimulus package will save America the way FDRs new Deal did. :ROLLS EYES: I need some help refuting them. Articles, graphs, you could reference would be appreciated. Thanks.
  • OH MY-->Obama IS Just Like FDR !!!

    07/06/2009 7:28:37 AM PDT · by Shellybenoit · 15 replies · 514+ views
    Front Page Mag/The Lid ^ | 7/6/09 | The Lid
    At times Barack Obama has compared himself and his policies to that of FDR, the President during the Great Depression.That is turning out to be a very valid and frightening comparison. The traditional social studies text book view is that Herbert Hoover turned a recession into the great depression, by sitting on his hind quarters doing nothing. Actually that is a result of political propaganda of Roosevelt and his administration. The Truth is that both Herbert Hoover and then FDR turned the recession into a depression by OVER-tinkering with the economy. They were like the Tim Allen character on Home...
  • New Deal Nostalgia Deconstructed

    06/09/2009 10:09:53 AM PDT · by bs9021 · 2 replies · 196+ views
    Campus Report ^ | June 9, 2009 | Alana Goodman
    New Deal Nostalgia Deconstructed by: Alana Goodman, June 09, 2009 With the U.S. unemployment rate hitting a 25-year record high of 9.4 percent in May, economists have expressed pessimism about the future of the economy, but were quick to draw distinctions between the current recession and the Great Depression. Speaking at the Cato Institute’s “Lessons from the New Deal and Great Depression” seminar, Economics Professor Harold Cole of the University of Pennsylvania told the audience, “You want to be careful about comparing the current [recession] with the Great Depression…The Great Depression was much worse.” Cole explained that during the Great...
  • New Deal Reality Check

    06/02/2009 10:42:17 AM PDT · by bs9021 · 3 replies · 277+ views
    Campus Report ^ | June 2, 2009 | Malcolm A. Kline
    New Deal Reality Check by: Malcolm A. Kline, June 02, 2009 As self-proclaimed intellectuals get embarassingly excited over the prospect of a new, New Deal, the rest of us would do well to take every opportunity to examine how the first one turned out. For one thing, it didn’t start under Roosevelt. In The Politically Incorrect Guide To The Great Depression And The New Deal, economist Robert P. Murphy, Ph. D., gives us a very useful comparison of what happened in another recession that occurred in the 1920s when so-called laissez-faire economics was practiced and the more famous economic collapse...
  • New Deal Fails Again

    05/12/2009 12:47:05 PM PDT · by bs9021 · 4 replies · 401+ views
    Campus Report ^ | May 12, 2009 | Emily Kanyi
    New Deal Fails Again by: Emily Kanyi, May 12, 2009 In his essay, Money and Our Future, Llewellyn H. Rockwell, Jr. begins with an ironic twist. He says, “We are fortunate to be living in these times….” To make sure that his sardonic meaning is not lost to the reader, he goes further to paint these “fortunate times” by asking, “What is fortunate about our times? The economy is tanking, stocks have been pummeled, unemployment is rising, and Washington is pursuing the worst combination of economic policies since Hoover and FDR….” Irony aside, Rockwell Jr. points out that despite the...
  • Why Republicans are devouring one book

    04/21/2009 4:38:49 AM PDT · by rightwingintelligentsia · 52 replies · 1,935+ views
    The Politico ^ | April 21, 2009 | ANDIE COLLER & PATRICK O'CONNOR
    There aren’t any sex scenes or vampires, and it won’t help you lose weight. But House Republicans are tearing through the pages of Amity Shlaes’ “The Forgotten Man” like soccer moms before book club night. Shlaes’ 2007 take on the Great Depression questions the success of the New Deal and takes issue with the value of government intervention in a major economic crisis — red meat for a party hungry for empirical evidence that the Democrats’ spending plans won’t end the current recession. “There aren’t many books that take a negative look at the New Deal,” explained Republican policy aide...
  • Stimulating Ourselves to Death

    04/05/2009 4:59:27 AM PDT · by reaganaut1 · 2 replies · 367+ views
    Reason ^ | April 2009 | Veronique de Rugy
    Barack Obama says his “unprecedented” economic stimulus package will not merely be “a short-term program to boost employment.” No, it “will invest in our most important priorities like energy and education; health care; and a new infrastructure that are necessary to keep us strong and competitive in the 21st century.” The massive cost of the stimulus doubled even before any legislation was written, much less approved. Originally tagged at $400 billion, the proposal quickly jumped to $825 billion, and latest estimates at press time have it costing north of $1 trillion (comprised of 60 percent spending and 40 percent tax...
  • New Deal Revisionism: Theories Collide

    04/04/2009 4:12:06 AM PDT · by reaganaut1 · 7 replies · 620+ views
    New York Times ^ | Patricia Cohen
    For more than half a century, America’s political leaders — Republican and Democrat — have sought to wrap themselves in the legacy of Franklin Delano Roosevelt, the man credited with replacing fear with hope and ending the Great Depression. But in recent years some writers and economists have been telling a version of this story that is quite different from the one generally taught in school or seen on the History Channel. In this interpretation Roosevelt is a well-meaning but misguided dupe who not only prolonged the Depression but also exacerbated it. ... Amity Shlaes, a syndicated columnist who works...
  • FDR's Policies Actually Prolonged Depression

    03/14/2009 9:48:26 PM PDT · by ReformationFan · 16 replies · 1,026+ views
    Two UCLA economists are blaming the length of the Great Depression on President Franklin D. Roosevelt, who instead of being blamed has always been thought of as the main catalyst who brought the country out of the Depression. Instead, in the August issue of the Journal of Political Economy, Harold L. Cole and Lee E. Ohanian conclude that the New Deal policies FDR signed into law thwarted economic recovery for the country. See UCLA Newsroom. After scrutinizing Roosevelt's record for four years, Harold L. Cole and Lee E. Ohanian conclude in a new study that New Deal policies signed into...
  • Congressional Democrats Bankrupted the Nation (The History)

    03/06/2009 10:43:10 AM PST · by Syncro · 101 replies · 4,629+ views
    Canada Free Press ^ | Wednesday, January 28, 2009 | JB Williams
    Congressional Democrats Bankrupted the Nation *snip* The End In April 2001, before the events of 9/11 and just after entering the White House, President Bush began signaling warnings to members of congress that both Fannie and Freddie were headed into deep treacherous waters which could cause “strong repercussions in financial markets.” In early 2003, the Bush White House upgraded its warnings to “a systemic risk that could extend well beyond just the housing markets.” On September 10, 2003, Bush Treasury Secretary John Snow testified in congress that something had to be done to confront the growing storm at Fannie and...
  • Global new deal 'possible' in months : Brown

    03/03/2009 4:33:20 PM PST · by NormsRevenge · 30 replies · 776+ views
    AFP on Yahoo ^ | 3/3/09 | Stephen Collinson
    WASHINGTON (AFP) – Prime Minister Gordon Brown raised the prospect of a global "new deal" to fix the finance industry within months, setting the stage for April's G-20 economic summit with President Barack Obama. Brown, taking a welcome break from political problems back home, claimed his prize as the first European leader to meet Obama in the Oval Office, and won a statement from the US leader that US-Britain ties were unbreakable. Obama agreed the world needed to work collectively to head off future financial crises, but did not give a specific, public endorsement of Brown's calls for a sweeping...
  • UK leader's mission: "Global New Deal" with Obama

    03/02/2009 6:30:39 AM PST · by BGHater · 3 replies · 371+ views
    The Hill ^ | 02 Mar 2009 | Bridget Johnson
    British Prime Minister Gordon Brown arrives in Washington this week to press for a “global new deal” to rescue the world from recession. Brown will be the first European leader to meet with President Obama when he sits down for talks with Obama on Tuesday morning, then addresses a joint session of Congress on Wednesday. The embattled prime minister arrives at a delicate moment in Anglo-American relations, amid speculation that the “special relationship” between the two countries might be downgraded. Brown gave a preview of what he will say to Obama in an editorial for The Sunday Times, where he...
  • FDR Was A Great Leader, But His Economic Plan Isn't One To Follow (A New Deal, A Bad Deal?)

    03/01/2009 7:02:20 PM PST · by fight_truth_decay · 54 replies · 1,632+ views
    Council on Foreign Relations ^ | February 2, 2009 | Amity Shlaes Senior Fellow for Economic History
    One evening in the 1930s, a 13-year-old named William Troeller hanged himself from the transom of his bedroom in Greenpoint, Brooklyn. William's father was laid up in Kings County Hospital awaiting surgery for an injury he'd suffered on the job at Brooklyn Edison. A federal jobs program was paying William's older brother Harold for temporary work. But the amount wasn't nearly enough to make ends meet. Gas and electricity to the family's apartment had been shut off for half a year. Harold told a New York Times reporter that both hunger and modesty had driven William to act. "He was...
  • British PM to Propose 'Global New Deal' to Rescue World's Economy

    03/01/2009 12:53:25 PM PST · by ETL · 34 replies · 920+ views ^ | March 01, 2009
    British Prime Minister Gordon Brown will propose a "global new deal" to rescue the world's economy when he makes his first visit to the U.S. since President Obama's inauguration, the Times of London reports. British Prime Minister Gordon Brown hopes to forge a "global new deal" with President Obama to rescue the world's economy when he makes his first visit to the White House since Obama's inauguration. The Times of London reports Brown, who arrives Tuesday, will reportedly introduce a plan requiring massive spending on a worldwide scale.